Common use of Payment of Bonds; Defeasance Clause in Contracts

Payment of Bonds; Defeasance. Upon the payment in full of the principal of and the accrued and unpaid interest on the Bonds (including defeasance of the Bonds) and all other amounts owing to the Owners and the Trustee under the Indenture so that the Bonds are not Outstanding.

Payment of Bonds; Defeasance. Upon the payment in full of the principal of and the accrued and unpaid interest on the Bonds (including inc luding defeasance of the Bonds) and all other amounts owing to the Owners and the Trustee under the Indenture so that the Bonds are not Outstanding.