Common use of has occurred Clause in Contracts

has occurred. If in connection with the exercise by the Obligor of any option under this Section 3.02, any series of Notes is to be redeemed, either notice of such redemption shall have been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made. Notwithstanding the exercise by the Obligor of its option under Section 3.02(b) with respect to Section 7.01, the obligation of any successor Entity to assume the obligations to the Trustee under Section 5.07 shall not be discharged.

has occurred. If in connection with the exercise by the Obligor of any option under this Section 3.02, any series of the Notes is are to be redeemed, either notice of such redemption shall have been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made. Notwithstanding the exercise by the Obligor of its option under Section 3.02(b) with respect to Section 7.01, 7.01 the obligation of any successor Entity to assume the obligations to the Trustee under Section 5.07 shall not be discharged.

has occurred. If in connection with the exercise by the Obligor of any option under this Section 3.02, any series of the Notes is are to be redeemed, either notice of such redemption shall have been duly given pursuant to this Indenture or provision therefor satisfactory to the Trustee shall have been made. Notwithstanding the exercise by the Obligor of its option under Section 3.02(b) with respect to Section 7.017.01 or 7.02, the obligation of any successor Entity to assume the obligations to the Trustee under Section 5.07 shall not be discharged.