Common use of Legal Defeasance Clause in Contracts

Legal Defeasance. Following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following (a) After the 91st day following the deposit referred to in clause (1i), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 II and Sections 4.013.01, 4.023.02, 7.076.07, 7.086.08, 8.05 7.05 and 8.067.06, and each Guarantor’s 's obligations under its Note Guaranty Subsidiary Guarantee will terminateterminate ("LEGAL DEFEASANCE"), provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.014.01 , 4.024.02 , 7.074.23, 7.087.07 , 7.08 , 8.05 and 8.068.06 , and each Guarantor’s 's obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)i) below, each of the Company and the Guarantor will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Note Guarantee and this Indenture, other than its obligations in Article ‎Article 2 and Sections ‎Section 3.01,‎ 4.01, 4.02‎4.02, 7.07‎7.06, 7.08‎7.07, 8.05 7.11(a)(i), ‎8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate‎8.06, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s 's obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, this Indenture (other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, ) and each Guarantor’s obligations under its Note Guaranty will terminate, ; provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1Section 8.01(a)(1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 2.03, 2.04, 2.05, 2.09, 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, Indenture (other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, ) and the Security Documents and each Guarantor’s 's obligations under its Note Guaranty and the Security Documents will terminate, ; provided the following conditions have been satisfied:

Legal Defeasance. Following After the 91st day following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 2.02, 2.03, 2.04, 2.09, 2.10, 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s 's obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) below, the Company and any Guarantor will be deemed to have paid and will be discharged from its obligations in respect of the Notes Notes, any Note Guarantee and the this Indenture, other than its obligations in Article 2 and Sections Section 3.01, 4.01, 4.02, 7.06, 7.07, 7.087.11(a)(i), 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)i) below, each of the Company and the Guarantor will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Note Guarantee and this Indenture, other than its obligations in Article ARTICLE 2 and Sections 4.01Section 3.01,4.01, 4.02, 7.06, 7.07, 7.087.11(a)(i), 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, Indenture (other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, ) and each Guarantor’s 's obligations under its Note Guaranty will terminate, ; provided the following conditions have been satisfied:

Legal Defeasance. Following After the deposit referred to in clause (1a), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenturethis Indenture in respect, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, this Indenture (other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, ) and each Guarantor’s 's obligations under its Note Guaranty Guarantee will terminate, ; provided the following conditions have been satisfied:

Legal Defeasance. Following After the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)‎(a) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, this Indenture (other than its obligations in Article ‎Article 2 and Sections 4.01‎4.01, 4.02‎4.02, 7.07‎7.07, 7.08‎7.08, 8.05 ‎8.05 and 8.06, ‎8.06) and each Guarantor’s obligations under its Note Guaranty Guarantee will terminate, ; provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, this Indenture (other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, ) and each Guarantor’s obligations under its Note Guaranty Guarantee will terminate, ; provided the following conditions have been satisfied:

Legal Defeasance. Following After the 91st day following the deposit referred to in clause (1)) of this Section 8.02, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Subsidiary Guarantor’s obligations under its the Note Guaranty Guarantee, if any, will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) of this Section 8.02, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes Notes, the Security Documents to which it is a party and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty and the Security Documents to which it is a party will terminate, and the Collateral shall be released from the Liens thereunder, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes Notes, the Security Documents to which it is a party and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty Guarantee and the Security Documents to which it is a party will terminate, and the Liens on the Collateral shall be released, provided the following conditions have been satisfied:

Legal Defeasance. Following After the deposit referred to in clause (1)) is made, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)) below, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty Guarantee will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 91st day following the deposit referred to in clause (1)) of this Section 8.02, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes Notes, this Indenture and the Indentureother Note Documents, other than its obligations in Article 2 and Sections 4.014.02, 4.024.03, 7.07, 7.087.08 , 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty Guarantee will terminate, and the Collateral will be released from the Lien securing the Notes and the Note Guarantees, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)i) below, each of the Company and the Guarantor will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Note Guarantee and this Indenture, other than its obligations in Article 2 and Sections Section 3.01, 4.01, 4.02, 7.06, 7.07, 7.087.11(a)(i), 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)a) of this Section 8.02, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 91st day following the deposit referred to in clause (1)) of this Section 8.02, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s 's obligations under its Note Guaranty Guarantee will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1), the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the this Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied:

Legal Defeasance. Following After the 123rd day following the deposit referred to in clause (1)) of this Section 8.02, the Company will be deemed to have paid and will be discharged from its obligations in respect of the Notes and the Indenture, other than its obligations in Article 2 and Sections 4.01, 4.02, 7.07, 7.08, 8.05 and 8.06, and each Guarantor’s 's obligations under its Note Guaranty will terminate, provided the following conditions have been satisfied: