Common use of Discharge Prior to Maturity Clause in Contracts

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures to maturity, the Company will be discharged from the Indenture except for certain sections thereof.

Appears in 6 contracts

Samples: Indenture (Equity Corp International), Indenture (American Skiing Co /Me), Indenture (Boston Chicken Inc)

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Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the then outstanding principal of and accrued and unpaid interest on the Debentures Notes (a) to maturity, the Company will be discharged from the Indenture and the Notes, except in certain circumstances for certain sections provisions thereof, and (b) to the Stated Maturity, the Company will be discharged from certain covenants set forth in the Indenture.

Appears in 4 contracts

Samples: Indenture (Aon Corp), Indenture (Citizens Banking Corp), Indenture (Aon Corp)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures to maturity, the Company will be discharged from the Indenture except for certain sections Sections thereof.

Appears in 4 contracts

Samples: Indenture (Mci Worldcom Inc), Indenture (Skytel Communications Inc), Indenture (Sterling Software Inc)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures to maturity, the Company will be discharged from the Indenture except for certain sections Sections thereof.

Appears in 3 contracts

Samples: Indenture (Westmoreland Coal Co), Indenture (Smurfit Stone Container Corp), Indenture (Smurfit Stone Container Corp)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the then outstanding principal of of, premium, if any, and accrued interest on the Debentures Notes (a) to maturityMaturity, the Company will be discharged from the Indenture and the Notes, except in certain circumstances for certain sections provisions thereof, and (b) to the Stated Maturity, the Company will be discharged from certain covenants set forth in the Indenture.

Appears in 2 contracts

Samples: Indenture (Advanced Lighting Technologies Inc), Note Purchase Agreement (Advanced Lighting Technologies Inc)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures Notes to maturity, the Company will be discharged from the Indenture except for certain sections thereof.

Appears in 2 contracts

Samples: Indenture (Commonwealth Telephone Enterprises Inc /New/), Indenture (Family Golf Centers Inc)

Discharge Prior to Maturity. If Subject to certain conditions, if the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay for the payment of principal of and interest on the Debentures Notes to maturity, the Company will be discharged (to the extent provided in the Indenture) from the Indenture except for certain sections thereofand the Notes.

Appears in 2 contracts

Samples: Indenture (Isp Holdings Inc), Indenture (Isp Holdings Inc)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the then outstanding principal of the Securities and interest on the Debentures thereon (a) to redemption or maturity, the Company will be discharged from the Indenture except and the Securities, except, in certain circumstances, for certain sections thereof, and (b) to the Stated Maturity of such principal and interest, the Company will be discharged from certain covenants set forth in the Indenture.

Appears in 2 contracts

Samples: Indenture (Nutritional Sourcing Corp), Indenture (Nutritional Sourcing Corp)

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Discharge Prior to Maturity. If Subject to certain conditions, if the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and accrued interest on the Debentures to maturity, the Company will be discharged (to the extent provided in the Indenture) from the Indenture except for certain sections thereofand the Debentures.

Appears in 1 contract

Samples: Supplemental Indenture (Circus Circus Enterprises Inc)

Discharge Prior to Maturity. If the Company irrevocably deposits with the Trustee or the Paying Agent money in trust cash or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures Notes to maturitymaturity and satisfies certain conditions specified in the Indenture, the Company will be discharged from the Indenture except for certain sections Sections thereof.

Appears in 1 contract

Samples: Indenture (Metrocall Inc)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the then outstanding principal of of, premium, if any, and accrued interest on the Debentures Notes (a) to maturity, the Company will be discharged from the Indenture and the Notes, except in certain circumstances for certain sections thereof, and (b) to the Stated Maturity, the Company will be discharged from certain covenants set forth in the Indenture.

Appears in 1 contract

Samples: Indenture (Loudcloud Inc)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures to maturity, the Company will be discharged from the Indenture except for certain sections Sections thereof.. A-6

Appears in 1 contract

Samples: Indenture (Birner Dental Management Services Inc)

Discharge Prior to Maturity. If the Company deposits with the Trustee or the Paying Agent money or U.S. Government Obligations sufficient to pay the principal of and interest on the Debentures to maturity, the Company will be discharged from the Indenture except for certain sections thereof. This Debenture shall not be valid until the Trustee or an authenticating agent signs the certificate of authentication on the other side of this Debenture.

Appears in 1 contract

Samples: Indenture (Einstein Noah Bagel Corp)

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