Common use of Discharge and Defeasance Prior to Redemption or Maturity Clause in Contracts

Discharge and Defeasance Prior to Redemption or Maturity. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company deposits with the Trustee money or Government Securities for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Discharge and Defeasance Prior to Redemption or Maturity. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company deposits with the Trustee money or Government Securities Obligations for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Discharge and Defeasance Prior to Redemption or Maturity. Subject to certain conditionssatisfaction of conditions set forth in the Indenture, the Company at any time shall be entitled to may terminate some or all of its obligations under the Notes and the Indenture if the Company irrevocably deposits with the Trustee money cash or Government Securities or a combination thereof sufficient for the payment of the then outstanding principal of and interest on the Notes to redemption Redemption or maturityStated Maturity, as the case may be.

Discharge and Defeasance Prior to Redemption or Maturity. Subject to certain conditionssatisfaction of conditions set forth in the Indenture, the Company at any time shall be entitled to may terminate some or all of its their obligations under the Notes and the Indenture if the Company deposits irrevocably deposit with the Trustee money cash or U.S. Government Securities Obligations or a combination thereof sufficient for the payment of the then outstanding principal of and interest on the Notes to redemption or maturityStated Maturity, as the case may be.

Discharge and Defeasance Prior to Redemption or Maturity. Subject to certain conditionssatisfaction of conditions set forth in the Indenture, the Company at any time shall be entitled to may terminate some or all of its obligations under the Notes and the Indenture if the Company deposits irrevocably deposit with the Trustee money cash or Government Securities or a combination thereof sufficient for the payment of the then outstanding principal of and interest on the Notes to redemption Redemption or maturityStated Maturity, as the case may be.