Common use of Release of Indenture Clause in Contracts

Release of Indenture. If (i) the State shall pay all of the outstanding Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders of the outstanding Bonds, all Debt Service due or to become due thereon, and (ii) provision also shall be made for the payment of all other amounts payable hereunder, including all fees and expenses of the Trustee, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof), and the covenants, agreements and obligations of the State hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 hereof, if applicable, (i) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof) and shall sign and deliver to the State any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the State, and (ii) the Trustee and any other Paying Agents shall assign and deliver to the State any property then subject to the lien of this Indenture and which then may be in their possession, except amounts in the Debt Service Fund required to be held by the Trustee and the Paying Agents under Section 3.10 hereof or otherwise for the payment of Debt Service.

Release of Indenture. If (i) the State Issuer shall pay all of the outstanding Bonds, or shall cause them to be paid and discharged, discharged all the outstanding Bonds or if there shall otherwise shall be paid to the Holders holders of the outstanding Bonds, Bonds all Debt Service Bond service charges due or to become due thereon, and (ii) provision shall also shall be made for the payment of paying all other amounts sums payable hereunderhereunder by the Issuer or by the Borrowers, including all the fees and or expenses of the Trustee, then and in that event this Indenture (except for Sections 4.01, 4.02, 4.07 and 8.02 hereof) shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof)void, and the covenants, agreements and other obligations of the State Issuer hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 hereof, if applicable, (i) thereupon the Trustee shall release this Indenture (except for those provisions surviving by reason Indenture, including the cancellation and discharge of Section 9.03 hereof in the event the Bonds are deemed paid lien hereof, and discharged pursuant to Section 9.02 hereof) and shall sign execute and deliver to the State any Issuer such instruments or documents in writing as shall be requisite to satisfy the lien hereof and to enter on the records such satisfaction and discharge and such other instruments to evidence that such release and discharge or as reasonably may be requested reasonably required by the State, and (ii) Issuer; and the Trustee and any other Paying Agents shall assign and deliver to the State Issuer any property then property, other than the Note or Notes, at the time subject to the lien of this Indenture and which may then may be in their possession, except amounts in the Debt Service Bond Fund required to be paid to the Borrowers or the Letter of Credit Bank under Section 4.07 hereof, or to be held by the Trustee and the Paying Agents under Section 3.10 4.02 hereof or otherwise for the payment of Debt ServiceBond service charges.

Release of Indenture. If (i) the State Issuer shall pay all of the outstanding Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders of the outstanding Bonds, Bonds all Debt Bond Service Charges due or to become due thereon, and (ii) provision also shall be made for the payment of all other amounts sums payable hereunder, including all fees hereunder or under the Agreement and expenses of the TrusteeNotes, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof), and the covenants, agreements and obligations of the State Issuer hereunder shall be released, discharged and satisfied. .. Thereupon, and subject to the provisions of Section 9.02 9.03 hereof, if applicable, (i) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof) ), and shall sign execute and deliver to the State Issuer any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the StateIssuer, and (ii) the Trustee and any other Paying Agents shall assign and deliver to the State Borrower any property then subject at the time to the lien of this Indenture and which then may be in their possession, except amounts in the Debt Service Bond Fund required (a) to be paid to the Bank under Section 5.08 hereof, or (b) to be held by the Trustee and the Paying Agents under Section 3.10 5.07 hereof or otherwise for the payment of Debt ServiceBond Service Charges.

Release of Indenture. If (i) the State Issuer shall pay all of the outstanding Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders of the outstanding Bonds, Bonds all Debt Bond Service Charges due or to become due thereon, and (ii) provision also shall be made for the payment of all other amounts sums payable hereunder, including all fees hereunder or under the Agreement and expenses of the TrusteeNotes, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof), and the covenants, agreements and obligations of the State Issuer hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 9.03 hereof, if applicable, (i) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof) ), and shall sign execute and deliver to the State Issuer any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the StateIssuer, and (iii) the Trustee and any other Paying Agents shall assign and deliver to the State Issuer any property then subject at the time to the lien of this Indenture and which then may be in their its possession, except amounts in the Debt Service Bond Fund required (a) to be paid to the Bank under Section 5.08 hereof, or (b) to be held by the Trustee and the Paying Agents under Section 3.10 5.07 hereof or otherwise for the payment of Debt ServiceBond Service Charges.

Release of Indenture. If (ia) the State Issuer shall pay all of the outstanding Outstanding Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders of the outstanding Outstanding Bonds, all Debt Bond Service Charges due or to become due thereon, and (iib) provision also shall be made for the payment of all other amounts sums payable hereunderhereunder or under the Loan Agreement, including all fees the Regulatory Agreement and expenses of the TrusteeNote, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 8.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 8.02 hereof), and the covenants, agreements and obligations of the State Issuer hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 hereof, 8.03 hereof if applicable, (ia) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 8.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 8.02 hereof) ), and shall sign execute and deliver to the State Issuer any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the StateIssuer, and (iib) the Trustee and any other Paying Agents shall assign and deliver to the State Issuer any property then subject at the time to the lien of this Indenture and which then may be in their its possession, except amounts in the Debt Service Bond Fund required (i) to be held by paid to the Trustee and the Paying Agents Borrower under Section 3.10 hereof or otherwise for the payment of Debt Service.4.14 hereof, or

Release of Indenture. If (i) the State Issuer shall pay all of the outstanding Senior Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders of the outstanding Senior Bonds, all Debt Bond Service Charges due or to become due thereon, and (ii) provision also shall be made for the payment of all other amounts sums payable hereunder, including all fees and expenses of the Trustee, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 8.3 hereof in the event the Senior Bonds are deemed paid and discharged pursuant to Section 9.02 8.2 hereof), and the covenants, agreements and obligations of the State Issuer hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 hereof, 8.3 hereof if applicable, (i) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 8.3 hereof in the event the Senior Bonds are deemed paid and discharged pursuant to Section 9.02 8.2 hereof) ), and shall sign execute and deliver to the State Issuer any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the StateIssuer, and (ii) the Trustee and any other Paying Agents shall assign and deliver to the State Issuer any property then subject at the time to the lien of this Indenture and which then may be in their possession, except amounts in the Debt Service Senior Bond Fund required (a) to be paid to the Issuer under Section 4.5 hereof, or (b) to be held by the Trustee and the Paying Agents under Section 3.10 8.2 hereof or otherwise for the payment of Debt ServiceBond Service Charges.

Release of Indenture. If If (ia) the State Issuer shall pay all of the outstanding Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders of the outstanding Bonds, Bonds all Debt Bond Service Charges due or to become due thereon, and (iib) provision also shall be made for the payment of all other amounts sums payable hereunder, including all fees hereunder or under the Agreement and expenses of the TrusteeNotes, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 hereof in on the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof), and the covenants, agreements and obligations of the State Issuer hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 9.03 hereof, if applicable, (ia) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof) ), and shall sign execute and deliver to the State Issuer any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the StateIssuer, and (iib) the Trustee and any other Paying Agents shall assign and deliver to the State Issuer any property then subject at the time to the lien of this Indenture and which then may be in their possession, except amounts in the Debt Service Bond Fund required (i) to be paid to the Bank under Section 5.08 hereof, or (ii) to be held by the Trustee and the Paying Agents under Section 3.10 5.07 hereof or otherwise for the payment of Debt ServiceBond Service Charges.

Release of Indenture. If (i) the State Issuer shall pay all of the outstanding Bonds, or shall cause them to be paid and discharged, or if there otherwise shall be paid to the Holders Bondholders of the outstanding Bonds, all Debt Bond Service Charges due or to become due thereon, and (ii) provision also shall be made for the payment of all other amounts sums payable hereunderhereunder or under the Agreement, including all fees and expenses of the Trusteethen, then this Indenture shall cease, determine and become null and void (except for those provisions surviving by reason of Section 9.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 hereof), and the covenants, agreements and obligations of the State Issuer hereunder shall be released, discharged and satisfied. Thereupon, and subject to the provisions of Section 9.02 hereof, 15.03 hereof if applicable, (i) the Trustee shall release this Indenture (except for those provisions surviving by reason of Section 9.03 15.03 hereof in the event the Bonds are deemed paid and discharged pursuant to Section 9.02 15.01 hereof) ), and shall sign execute and deliver to the State Issuer any instruments or documents in writing as shall be requisite to evidence that release and discharge or as reasonably may be requested by the State, andIssuer, (ii) the Trustee and any other Paying Agents shall assign and deliver to the State Issuer any property then subject at the time to the lien of this Indenture and which then may be in their possession, except amounts in the Debt Service Bond Fund required (a) to be paid to the Company or the Bank under Section 5.06 hereof, or (b) to be held by the Trustee and the Paying Agents under Section 3.10 5.06 hereof or otherwise for the payment of Debt ServiceBond Service Charges, and (iii) the Trustee shall return the Credit Facility to the Bank.