Common use of Discharge of Existing Indebtedness Clause in Contracts

Discharge of Existing Indebtedness. If the Issuer requests that the proceeds of such Series 2009-1 Advance be used in whole or in part to discharge in full any undischarged Liens on the Containers to be acquired on such date, the Funding Notice (as defined in the Series 2009-1 Note Purchase Agreement) shall include the name of the related lienholders and their related wiring instructions.

Appears in 3 contracts

Samples: Indenture (TAL International Group, Inc.), Tal Advantage (TAL International Group, Inc.), TAL International Group, Inc.

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Discharge of Existing Indebtedness. If the Issuer requests that the proceeds of such Series 20092008-1 Advance be used in whole or in part to discharge in full any undischarged Liens on the Containers to be acquired on such date, the Funding Notice (as defined in the Series 20092008-1 Note Purchase Agreement) shall include the name of the related lienholders and their related wiring instructions.

Appears in 1 contract

Samples: Indenture (TAL International Group, Inc.)

Discharge of Existing Indebtedness. If the Issuer requests that the proceeds of such Series 20092011-1 Advance be used in whole or in part to discharge in full any undischarged Liens on the Containers to be acquired on such date, the Funding Notice (as defined in the Series 20092011-1 Note Purchase Agreement) shall include the name of the related lienholders and their related wiring instructions.

Appears in 1 contract

Samples: TAL International Group, Inc.

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Discharge of Existing Indebtedness. If the Issuer requests that the proceeds of such Series 20092005-1 Advance be used in whole or in part to discharge in full any undischarged Liens on the Containers to be acquired on such date, the Funding Notice (as defined in the Series 20092005-1 Note Purchase Agreement) shall include the name of the related lienholders and their related wiring instructions.

Appears in 1 contract

Samples: Indenture (TAL International Group, Inc.)

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