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 4 contracts

Samples: Sterling Software Inc, Mci Worldcom Inc, Skytel Communications 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 (Aon Corp), Indenture (Citizens Banking 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 thereof.

Appears in 3 contracts

Samples: Westmoreland Coal Co, Smurfit Stone Container Corp, Smurfit Stone Container Corp

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: _______________________________________________________________ _______________________________________________________________ (Isp Holdings Inc), _______________________________________________________________ _______________________________________________________________ (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 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), 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 sections thereof.

Appears in 2 contracts

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

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.. A-6

Appears in 1 contract

Samples: 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 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: Einstein Noah Bagel 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 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 1 contract

Samples: 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 thereof.

Appears in 1 contract

Samples: Indenture (Metrocall 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 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 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 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)

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