Common use of Discharge Prior to Redemption or Maturity Clause in Contracts

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Indenture relating thereto, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 10 contracts

Samples: First Supplemental Indenture (GMX Resources Inc), Indenture (Chaparral Energy, Inc.), Indenture (GMX Resources Inc)

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Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits into an irrevocable trust with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain the financial covenants, but including, under certain circumstances, excluding its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such depositsNotes).

Appears in 2 contracts

Samples: First Supplemental Indenture (Southwest Royalties Inc), Southwest Royalties Inc

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits deposit with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its their obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 2 contracts

Samples: Supplemental Indenture (Canadian Abraxas Petroleum LTD), Abraxas Petroleum Corp

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee Trustee, the U.S. Legal Tender or Tender, U.S. Government Obligations or Eligible Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Williams Scotsman (Williams Scotsman Inc)

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the First Supplemental Indenture relating thereto, the Issuer will be discharged from certain provisions of the First Supplemental Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Supplemental Indenture (Rosetta Resources Inc.)

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Indenture (Standard Commercial Corp)

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits deposit with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, excluding its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such depositsNotes). 13.

Appears in 1 contract

Samples: Tia Indenture (Cherokee International Finance Inc)

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, excluding its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such depositsNotes).

Appears in 1 contract

Samples: Caterair International Inc /Ii/

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Canadian Abraxas Petroleum LTD

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits deposit with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its their obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such depositsdeposit).

Appears in 1 contract

Samples: Abraxas Petroleum Corp

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Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or Tender, U.S. Government Obligations or a combination thereof sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Indenture relating thereto, the Issuer will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Chaparral Energy, Inc.

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits deposit with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Universal Compression Inc

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Second Supplemental Indenture relating thereto, the Issuer will be discharged from certain provisions of the Second Supplemental Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Supplemental Indenture (Rosetta Resources Inc.)

Discharge Prior to Redemption or Maturity. If the Issuer at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply with the other provisions of the Third Supplemental Indenture relating thereto, the Issuer will be discharged from certain provisions of the Third Supplemental Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such deposits).

Appears in 1 contract

Samples: Third Supplemental Indenture (Rosetta Resources Inc.)

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, its obligation B-6 95 to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such depositsdeposit).

Appears in 1 contract

Samples: Universal Compression Inc

Discharge Prior to Redemption or Maturity. If the Issuer Issuers at any time deposits deposit with the Trustee U.S. Legal Tender or U.S. Government Obligations sufficient to pay the principal of and interest on the Notes to redemption or maturity and comply complies with the other provisions of the Indenture relating thereto, the Issuer Issuers will be discharged from certain provisions of the Indenture and the Notes (including certain covenants, but including, under certain circumstances, excluding its obligation to pay the principal of and interest on the Notes but without affecting the rights of the Holders to receive such amounts from such depositsNotes). 14.

Appears in 1 contract

Samples: Tia Indenture (Cherokee International Finance Inc)

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