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

Discharge Prior to Redemption or Maturity. If the Company 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 complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 7 contracts

Samples: Indenture, (Sand Springs Railway CO), Indenture, (BRPP LLC), Indenture (CitiSteel PA, Inc.)

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Discharge Prior to Redemption or Maturity. If the Company Issuer 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 stated maturity or otherwise and complies with the other provisions of the Indenture relating thereto, the Company Issuer shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if anyinterest, on the Notes when such payments are due from the deposits referred to above.

Appears in 2 contracts

Samples: Indenture (Horsehead Holding Corp), Intercreditor Agreement (Horsehead Holding Corp)

Discharge Prior to Redemption or Maturity. If the Company 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 maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of the Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 2 contracts

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

Discharge Prior to Redemption or Maturity. If the Company 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 stated maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 2 contracts

Samples: Indenture, (Kratos Defense & Security Solutions, Inc.), Indenture (Edgen Louisiana CORP)

Discharge Prior to Redemption or Maturity. If the Company 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 Bonds to redemption or the Maturity Date and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding NotesBonds, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if anyinterest, on the Notes Bonds when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture (Molecular Insight Pharmaceuticals, Inc.)

Discharge Prior to Redemption or Maturity. If the Company Issuer 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 complies comply with the other provisions of the Indenture relating thereto, the Company Issuer shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture, (Boston Gear LLC)

Discharge Prior to Redemption or Maturity. If the Company 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 stated maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if anyinterest, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Intercreditor Agreement (Green Field Energy Services, Inc.)

Discharge Prior to Redemption or Maturity. If the Company 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 complies comply with the other provisions of the Indenture relating thereto, the Company Issuers shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interestinterest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture, (Tcby of Australia, Inc.)

Discharge Prior to Redemption or Maturity. If the Company 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 stated maturity and complies with the other provisions of the Indenture relating thereto, the Company Issuer shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Intercreditor and Subordination Agreement (Edgen Murray PLC)

Discharge Prior to Redemption or Maturity. If the Company 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 maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture (Nationsrent Companies Inc)

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Discharge Prior to Redemption or Maturity. If the Company 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 stated maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interestinterest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture, (Kratos Defense & Security Solutions, Inc.)

Discharge Prior to Redemption or Maturity. If the Company 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 complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture, (BRPP LLC)

Discharge Prior to Redemption or Maturity. If the Company Issuers at any time deposits deposit with the Trustee U.S. Legal Tender or U.S. Government Obligations Securities (or any combination thereof) sufficient to pay the principal of of, interest on and interest Special Interest, if any, on the Notes to redemption or Maturity stated maturity and complies comply with the other provisions of the Indenture relating thereto, the Company Issuers shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, and interest on and Additional Special Interest, if anyapplicable, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture (United Maritime Group, LLC)

Discharge Prior to Redemption or Maturity. If the Company 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 stated maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, interest and Additional Interest, if anyinterest, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Green Field Energy Services, Inc.

Discharge Prior to Redemption or Maturity. If the Company 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 stated maturity and complies with the other provisions of the Indenture relating thereto, the Company shall be deemed to have paid and discharged the entire Indebtedness represented by the outstanding Notes, except for the rights of Holders to receive payments in respect of the principal of, and premium, if any, and interest and Additional Interest, if any, on the Notes when such payments are due from the deposits referred to above.

Appears in 1 contract

Samples: Indenture, (Kratos Defense & Security Solutions, Inc.)

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