Common use of Legal Defeasance of Notes Clause in Contracts

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(1) hereof, and the provisions of this Indenture, as it relates to the Notes, shall no longer be in effect (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the Company, execute instruments acknowledging the same), except as to:

Appears in 10 contracts

Samples: Supplemental Indenture (American Airlines, Inc.), Indenture (Global Crossing Airlines Group Inc.), Indenture (American Airlines, Inc.)

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Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(11) of the proviso hereof, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect and any Guarantees of such Notes shall terminate (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the Company’s request, execute proper instruments acknowledging the same), except as to:

Appears in 7 contracts

Samples: Indenture (O-I Glass, Inc. /DE/), Indenture (O-I Glass, Inc. /DE/), Indenture (O-I Glass, Inc. /DE/)

Legal Defeasance of Notes. The Company shall will be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after date the date of the deposit referred to conditions set forth in subparagraph (c)(1) hereofthis Section 11.2 are satisfied, and the provisions of this the Indenture, as it relates to the such outstanding Notes, shall will no longer be in effect and the Guarantee will terminate with respect to the Notes (and the Trustee, at the expense of the Company, shallwill, upon receipt of direction from the Companya Company Order, execute instruments acknowledging the same), except as to:

Appears in 4 contracts

Samples: STORE CAPITAL Corp, STORE CAPITAL Corp, STORE CAPITAL Corp

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after date the date of the deposit referred to conditions set forth in subparagraph (c)(1) hereofthis Section 11.1 are satisfied, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect and the Guarantee will terminate with respect to the Notes (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the Companya Company Order, execute instruments acknowledging the same), except as to:

Appears in 3 contracts

Samples: Hudson Pacific Properties, L.P., Hudson Pacific Properties, L.P., Hudson Pacific Properties, L.P.

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(1d) hereof, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the Companyat Company Request, execute proper instruments acknowledging the same), except as to:

Appears in 3 contracts

Samples: Harrahs Entertainment Inc, Harrahs Operating Co Inc, Harrahs Entertainment Inc

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(11) hereof, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect and any Guarantees of such Notes shall terminate (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the CompanyCompany Order, execute proper instruments acknowledging the same), except as to:

Appears in 3 contracts

Samples: Indenture (Owens Illinois Group Inc), Indenture (Owens Illinois Group Inc), Indenture (Owens-Illinois Healthcare Packaging Inc.)

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(1d) hereof, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect and any Guarantees of such Notes shall terminate (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the CompanyCompany Order, execute proper instruments acknowledging the same), except as to:

Appears in 3 contracts

Samples: Indenture (Owens Illinois Group Inc), Indenture (Owens Illinois Inc /De/), Indenture (Owens Illinois Group Inc)

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Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(11) of the proviso hereof, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect and any Guarantees of such Notes shall terminate (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the Company’s request, execute proper instruments acknowledging the same), except as to:

Appears in 2 contracts

Samples: Indenture (Owens-Illinois Group Inc), Indenture (Owens-Illinois Group Inc)

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(1e) hereof, and the provisions of this Indenture, as it relates to the Notes, shall no longer be in effect (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the Company, execute instruments acknowledging the same), except as to:

Appears in 1 contract

Samples: Indenture (American Airlines Inc)

Legal Defeasance of Notes. The Company Co-Issuers shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(19.03(c)(1) hereof, and the provisions of this Indenture, as it relates to the Notes, shall no longer be in effect (and the Trustee, at the expense of the CompanyCo-Issuers, shall, upon receipt of direction from the Company, execute instruments acknowledging the same), except as to:

Appears in 1 contract

Samples: Supplemental Indenture (Rivian Automotive, Inc. / DE)

Legal Defeasance of Notes. The Company shall be deemed to have paid and discharged the entire indebtedness on all the outstanding Notes on the 91st day after the date of the deposit referred to in subparagraph (c)(11) hereof, and the provisions of this Indenture, as it relates to the such outstanding Notes, shall no longer be in effect and any Guarantees of such Notes shall terminate (and the Trustee, at the expense of the Company, shall, upon receipt of direction from the CompanyCompany Order, execute proper instruments acknowledging the same), except as to:

Appears in 1 contract

Samples: Indenture (Owens-Illinois Group Inc)

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