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 Obligations for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Appears in 4 contracts

Samples: Indenture (Aircastle LTD), Intercreditor Agreement (Forida East Coast Railway L.L.C.), Aircastle LTD

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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 Obligations Securities for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Appears in 4 contracts

Samples: Indenture (Aircastle LTD), Indenture (Aircastle LTD), Indenture (Aircastle LTD)

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 Obligations 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.

Appears in 3 contracts

Samples: Supplemental Indenture (SemGroup Corp), Supplemental Indenture (Aleris Ohio Management, Inc.), Supplemental Indenture (Aleris International, Inc.)

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 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.

Appears in 2 contracts

Samples: Anixter International Inc, Anixter International Inc

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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 Obligations 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.

Appears in 1 contract

Samples: Supplemental Indenture (SemGroup Corp)

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