RELEASE OF FUNDED PROPERTY. Unless an Event of Default shall have occurred and be continuing, the Company may obtain the release of any part of the Mortgaged Property, or any interest therein, which constitutes Funded Property, and the Trustee shall release all its right, title and interest in and to the same from the Lien hereof, upon receipt by the Trustee of:
Appears in 5 contracts
Samples: First Mortgage Indenture (South Jersey Industries Inc), First Mortgage Indenture (Allegheny Energy, Inc), Nevada Power Co