Common use of Discharge of Liability on Securities Clause in Contracts

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.08) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal and interest of all outstanding Securities (other than Securities replaced pursuant to Section 2.08), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 5 contracts

Samples: Sizeler Property Investors Inc, Sizeler Property Investors Inc, Sizeler Property Investors Inc

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Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 5 contracts

Samples: Indenture (Allergan Inc), Indenture (Anixter International Inc), Indenture (Vishay Intertechnology Inc)

Discharge of Liability on Securities. When (ia) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (iib) all outstanding Securities have become due and payable and the Company deposits with the Trustee Trustee, the Paying Agent or the Conversion Agent, as applicable, cash or, if permitted by and shares of Common Stock or other property (as applicable under the terms hereof, securities of this Indenture) sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.078.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the CompanyCompany and accompanied by an Officers’ Certificate and Opinion of Counsel.

Appears in 5 contracts

Samples: Indenture (Gene D. Yost & Son Inc.), Indenture (MidCon Compression LP), Indenture (Chesapeake Energy Corp)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash orCash and/or securities, if as permitted by the terms hereof, securities sufficient to pay at Stated Maturity the Principal and interest Amount of all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 4 contracts

Samples: Indenture (Atmel Corp), Indenture (Ingram Micro Inc), Indenture (Network Associates Inc)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities or the Indenture, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 3 contracts

Samples: Indenture (SPX Corp), Indenture (SPX Corp), Affiliated Managers Group Inc

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.06, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 3 contracts

Samples: Omnicom Capital Inc, Omnicom Group Inc, Omnicom Group Inc

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash orCash, if permitted by the terms hereofin immediately available funds, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand at the cost and expense of the Company and accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the CompanyCounsel.

Appears in 2 contracts

Samples: Indenture (Yellow Corp), Yellow Roadway Corp

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash orCash and/or securities, if as permitted by the terms hereof, securities sufficient to pay at Stated Maturity the Principal and interest Amount of all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 2 contracts

Samples: Indenture (Atmel Corp), Indenture (Atmel Corp)

Discharge of Liability on Securities. When (i) the -------------------------------------------------- Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities or the Indenture, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 2 contracts

Samples: Indenture (Lowes Companies Inc), Indenture (Lowes Companies Inc)

Discharge of Liability on Securities. When (i) the --------------------------------------------------- Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities or the Indenture, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Marriott International Inc /Md/)

Discharge of Liability on Securities. When (i) the --------------------------------------------------- the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Danaher Corp /De/

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced or repaid pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities or Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Manpower Inc /Wi/)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced or repaid pursuant to Section 2.082.8) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities or Ordinary Shares sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.8), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Xl Capital LTD

Discharge of Liability on Securities. When (ia) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (iib) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by or the Parent deposits shares of Common Stock (as applicable under the terms hereof, securities of this Indenture) sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company and the Parent acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the CompanyCompany and the Parent and accompanied by an Officers’ Certificate and Opinion of Counsel.

Appears in 1 contract

Samples: Indenture (Harrahs Entertainment Inc)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become became due and payable and the Company deposits with the Trustee cash orand/or Class A Common Stock, if as permitted by the terms hereof, securities sufficient to pay at Stated Maturity the Principal and interest Amount of all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Bergen Brunswig Corp)

Discharge of Liability on Securities. (a) When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.06) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereof, securities sufficient to pay at Stated Maturity the Principal and interest Amount of all outstanding Securities (other than Securities replaced pursuant to Section 2.082.06), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Netease Com Inc

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Class B Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.06, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Universal Health Services Inc

Discharge of Liability on Securities. When (i) the Company ------------------------------------ delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Reebok International LTD

Discharge of Liability on Securities. When (i) the ------------------------------------------------ Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Greater Bay Bancorp

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced or repaid pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities or Ordinary Shares sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.079.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Xl Capital LTD

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Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.06) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereof, securities sufficient to pay at Stated Maturity the Principal and interest Amount of all outstanding Securities (other than Securities replaced pursuant to Section 2.082.06), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.06, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Stmicroelectronics Nv)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company or any Guarantor deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company or any Guarantor pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Gtech Holdings Corp)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation cancelation or (ii) all outstanding out standing Securities have become due and payable and the Company deposits with the Trustee cash orand/or securities, if as permitted by the terms hereof, securities sufficient to pay at Stated Maturity the Principal and interest Amount of all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable pay able hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Triarc Companies Inc

Discharge of Liability on Securities. When (i) the -------------------------------------------------- Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Kohls Corporation

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Class A Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.06, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Health Management Associates Inc

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all ---- outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if expressly permitted by the terms hereofof the Securities, securities Class A Common Stock sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in ---- either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.06, cease to be of further ---- effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Health Management Associates Inc)

Discharge of Liability on Securities. When (i) the ------------------------------------ Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company or the Guarantor deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities Securi ties (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company or the Guarantor pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Tyco International LTD /Ber/

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced or repaid pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. Money so held in trust shall not be subject to the subordination provisions of Article 12. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Genesco Inc)

Discharge of Liability on Securities. When (i) the Company ----------------------------------------------------- delivers to the Trustee all outstanding Securities (other than Securities 44 replaced or repaid pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or(and, if as permitted by the terms hereofthis Indenture, securities shares of Common Stock) sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Indenture (Mirant Corp)

Discharge of Liability on Securities. When (i) the ------------------------------------ Company delivers to the Trustee all outstanding Securities (other than Securities replaced or repaid pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if permitted by the terms hereof, securities sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Pmi Group Inc

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or, if and/or Common Stock (to the extent permitted by the terms hereof, securities hereby) sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.07), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.07, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand at the cost and expense of the Company and accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the CompanyCounsel.

Appears in 1 contract

Samples: Execution Version (LNR Property Corp)

Discharge of Liability on Securities. When (i) the Company delivers to the Trustee all outstanding Securities (other than Securities replaced or repaid pursuant to Section 2.082.7) for cancellation or (ii) all outstanding Securities have become due and payable and the Company deposits with the Trustee cash or(and, if as permitted by the terms hereofthis Indenture, securities shares of Common Stock) sufficient to pay the Principal all amounts due and interest of owing on all outstanding Securities (other than Securities replaced pursuant to Section 2.082.7), and if in either case the Company pays all other sums payable hereunder by the Company, then this Indenture shall, subject to Section 7.077.7, cease to be of further effect. The Trustee shall join in the execution of a document (in form and substance reasonably satisfactory to the Trustee) prepared by the Company acknowledging satisfaction and discharge of this Indenture on demand of the Company accompanied by an Officers' Certificate and Opinion of Counsel and at the cost and expense of the Company.

Appears in 1 contract

Samples: Cendant Corp

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