Common use of Release of Company upon Conveyance or Other Transfer Clause in Contracts

Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by Section 13.01, upon the satisfaction of all the conditions specified in Section 13.01, the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds then Outstanding unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge.

Appears in 2 contracts

Samples: Vistra Corp., Vistra Corp.

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Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by to any Person or Persons as contemplated in Section 13.011535, upon the satisfaction of all the conditions specified in Section 13.01, 1535 the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds Securities then Outstanding unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge.

Appears in 2 contracts

Samples: Indenture (Arkansas Power & Light Co), Indenture (Louisiana Power & Light Co /La/)

Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by to any Person or Persons as contemplated in Section 13.0112.01, upon the satisfaction of all the conditions specified in Section 13.0112.01, the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds Securities then Outstanding (unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge) and the Trustee shall acknowledge in writing that the Company has been so released and discharged.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (Aquila Inc), Aquila Inc

Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by to any Person or Persons as contemplated in Section 13.0113.1, upon the satisfaction of all the conditions specified in Section 13.0113.1, the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds Securities then Outstanding (unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge) and the Trustee shall acknowledge in writing that the Company has been so released and discharged.

Appears in 2 contracts

Samples: First Mortgage Indenture (South Jersey Industries Inc), SOUTH JERSEY GAS Co

Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by to any Person or Persons as contemplated in Section 13.0112.01, upon the satisfaction of all the conditions specified in Section 13.0112.01, the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds then Outstanding (unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge) and the Trustee shall acknowledge in writing that the Company has been so released and discharged.

Appears in 2 contracts

Samples: Indenture (PACIFIC GAS & ELECTRIC Co), Indenture (Pg&e Corp)

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Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by to any Person or Persons as contemplated in Section 13.011301, upon the satisfaction of all the conditions specified in Section 13.011301, the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds Securities then Outstanding (unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge.) and the Trustee shall acknowledge in writing that the Company has been so released and discharged. 112

Appears in 1 contract

Samples: General Mortgage Indenture (Centerpoint Energy Houston Electric LLC)

Release of Company upon Conveyance or Other Transfer. In the case of a conveyance or other transfer permitted by to any Person or Persons as contemplated in Section 13.011201, upon the satisfaction of all the conditions specified in Section 13.011201, the Company (such term being used in this Section without giving effect to such transaction) shall be released and discharged from all obligations and covenants under this Indenture and on and under all Bonds Securities then Outstanding (unless the Company shall have delivered to the Trustee an instrument in which it shall waive such release and discharge) and the Trustee shall acknowledge in writing that the Company has been so released and discharged.

Appears in 1 contract

Samples: Centerpoint Energy Inc

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