Common use of Conditions to Legal Defeasance or Covenant Defeasance Clause in Contracts

Conditions to Legal Defeasance or Covenant Defeasance. The following shall be the conditions to the application of either Section 8.02(b) or 8.02(c) hereof to the outstanding Notes: (1) the Issuer must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders, U.S. Legal Tender, U.S. Government Obligations or a combination thereof, in such amounts as will be sufficient (without reinvestment), in the opinion of a nationally recognized firm of independent public accountants selected by the Issuer, to pay the principal of and interest on the Notes on the stated date for payment or on the Redemption Date of the principal or installment of principal of or interest on the Notes,

Conditions to Legal Defeasance or Covenant Defeasance. The following shall be the conditions to the application of either Section 8.02(b) 9.02 or 8.02(c) hereof Section 9.03 to the outstanding Notes: (1) the Issuer must irrevocably deposit with the Trustee, as trust funds, in trust, trust solely for the benefit of the HoldersHolders of the Notes, U.S. Legal Tenderlegal tender, U.S. Government Obligations or a combination thereof, in such amounts as will shall be sufficient (without reinvestmentconsideration of any reinvestment of interest), in the opinion as evidenced by an Officer’s Certificate of a nationally recognized firm of independent public accountants selected by the Issuer, to pay the principal of and interest on the Notes on the stated date for payment or on the Redemption Date of the principal or installment of principal of or interest on the Notes, (2) in the case of Legal Defeasance, the Issuer shall have delivered to the Trustee an Opinion of Counsel in the United States confirming that:

Conditions to Legal Defeasance or Covenant Defeasance. The following shall be the conditions to the application of either Section 8.02(b) 9.02 or 8.02(c) hereof Section 9.03 to the outstanding Notes: (1) the Issuer must irrevocably deposit with the Trustee, as trust funds, in trust, trust solely for the benefit of the Holders, U.S. Legal Tenderlegal tender, U.S. Government Obligations or a combination thereof, in such amounts as will be sufficient (without reinvestment), consideration of any reinvestment of interest) in the opinion of a nationally recognized firm of independent public accountants selected by the Issuer, to pay the principal of and interest on the Notes on the stated date for payment or on the Redemption Date redemption date of the principal or installment of principal of or interest on the Notes, (2) in the case of Legal Defeasance, the Issuer shall have delivered to the Trustee an Opinion of Counsel in the United States confirming that:

Conditions to Legal Defeasance or Covenant Defeasance. The following shall be the conditions to the application of either Section 8.02(b) 9.02 or 8.02(c) hereof Section 9.03 to the outstanding Notes: (1) the Issuer Issuers must irrevocably deposit with the Trustee, in trust, for the benefit of the Holders, cash in U.S. Legal Tenderdollars, non-callable U.S. Government Obligations Obligations, or a combination thereof, in such amounts as will be sufficient (without reinvestment)sufficient, in the opinion of a nationally recognized firm of independent public accountants selected by the Issueraccountants, to pay the principal of of, premium, if any, and interest on the Notes on the stated date for payment thereof or on the Redemption Date applicable redemption date, as the case may be; (2) in the case of Legal Defeasance, the principal or installment Issuers shall have delivered to the Trustee an Opinion of principal of or interest on Counsel in the Notes,United States reasonably acceptable to the Trustee confirming that: