Common use of Release Upon Termination of the Company’s Obligations Clause in Contracts

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and an Officers' Certificate certifying that all Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four, the Trustee shall deliver to the Deed Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee of such notice, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed to hold any Deed of Trust Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and an Officers' ’ Certificate certifying that all Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four, the Trustee shall deliver to the Deed Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee of such notice, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed to hold any Deed of Trust Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order to the Trustee, in form and substance reasonably acceptable to it, an Officers' ’ Certificate certifying that either (1) all Indenture Obligations the obligations under this Indenture, the Notes and the Collateral Documents have been satisfied and discharged by complying with the provisions of Article Four8 and Section 7.07 (except for unmatured or unasserted indemnity claims pursuant to Section 7.07) or by the payment in full of the Company’s obligations under the Notes, this Indenture and the Collateral Documents, and all such obligations have been so satisfied, or (2) the Notes have been defeased pursuant to Article 8, in either case the Trustee shall deliver to the Deed Trustee Company and the Notes Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and Collateral (other than with respect to funds held by the Deed of Trust CollateralTrustee pursuant to Article 8), and any rights it has under the Collateral Documents, and, and upon and after the receipt by the Deed Trustee Notes Collateral Agent of such notice, the Trustee Notes Collateral Agent shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed not to hold any Deed of Trust a Lien in the Collateral on behalf of the Trustee for and the benefit of Trustee and Notes Collateral Agent shall release the Holders. Collateral (b) Any other than funds held by the Trustee pursuant to Article 8) from such Liens at the Company’s sole cost and expense and, upon written request by the Company, shall promptly execute and deliver such documents as the Company shall reasonably request to effectuate the release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this IndentureLiens.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and an Officers' ’ Certificate certifying that all Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four, the Trustee shall deliver to the Deed Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee of such notice, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed to hold any Deed of Trust Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that If (i) the Company delivers a Company Order an Officer's Certificate and an Officers' Certificate Opinion of Counsel certifying that all of its obligations under this Indenture Obligations have been satisfied and discharged by complying with the provisions of Article FourVIII hereof, (ii) all outstanding Securities issued under this Indenture shall be surrendered to the Trustee for cancellation, (iii) upon the release of the Collateral in accordance with the terms of the Collateral Documents or (iv) any other release of the Collateral as security for obligations of the Company or a Subsidiary under the Credit Agreement, the Trustee shall deliver to the Deed Trustee Collateral Agent a notice stating that the Trustee, for itself and on behalf of the Holders, disclaims and gives has given up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee Collateral Agent of such notice, the Trustee Collateral Agent shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not no longer be deemed to hold any Deed of Trust the Lien in the Collateral on behalf of the Trustee for the benefit of the Holders. Notwithstanding the foregoing, the conditions set forth in the foregoing sentence shall not be required to be satisfied in connection with, and nothing contained in this Indenture shall limit or otherwise affect, the release of the Collateral as security for the Senior Notes, or any part of it, pursuant to the Collateral Documents or action of the lenders under the Credit Agreement. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 11.7 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by Lien under the Collateral Documents or the Collateral thereunder in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with or the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this IndentureCollateral Documents.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and an Officers' Certificate certifying that all Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four, the Trustee shall deliver to the Deed Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee of such notice, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed to hold any Deed of Trust Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * 100 This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and to the Trustee an Officers' ’ Certificate certifying that (i) payment in full of the principal of, together with accrued and unpaid interest on, the Securities and all other Obligations of the Company and the Subsidiary Guarantors to the Noteholder Secured Parties under this Indenture, the Securities, the Subsidiary Guarantees, the Intercreditor Agreement and the Security Documents that are due and payable at or prior to the time such principal, together with accrued and unpaid interest, are paid (other than contingent indemnification obligations, if any, that, pursuant to the terms of this Indenture Obligations and the Security Documents, survive the termination thereof) or (ii) the Company shall have been satisfied and discharged by complying exercised its legal defeasance option or its covenant defeasance option, in each case in compliance with the provisions of Article Four8, and an Opinion of Counsel stating that all conditions precedent to the execution and delivery of such notice by the Trustee have been satisfied, the Trustee shall deliver to the Deed Trustee Company and the Noteholder Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and Collateral (other than with respect to funds held by the Deed of Trust CollateralTrustee pursuant to Article 8), and any rights it has under the Collateral Security Documents, and, and upon and after the receipt by the Deed Trustee Noteholder Collateral Agent of such notice, the Trustee Noteholder Collateral Agent shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed not to hold any Deed of Trust a Lien in the Collateral on behalf of the Trustee for the benefit of the Holdersand shall do or cause to be done all acts reasonably necessary to release such Lien as soon as is reasonably practicable. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and an Officers' Certificate certifying that all Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four, the Trustee shall deliver to the Deed Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee of such notice, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed to hold any Deed of Trust Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and an Officers' Certificate certifying that all Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four, the Trustee shall deliver to the Deed Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Trustee of such notice, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed to hold any Deed of Trust Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this Indenture.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order and to the Trustee an Officers' Officer’s Certificate certifying that (i) payment in full of the principal of, together with accrued and unpaid interest (including additional interest, if any) on, the Notes and all Indenture other Obligations under this Indenture, the Guarantees and the Security Documents that are due and payable at or prior to the time such principal, together with accrued and unpaid interest (including additional interest, if any), are paid or (ii) the Company shall have been satisfied and discharged by complying exercised its legal defeasance option or its covenant defeasance option, in each case in compliance with the provisions of Article Four8, the Trustee shall deliver to the Deed Company and the Notes Collateral Trustee a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and Collateral (other than with respect to funds held by the Deed of Trust CollateralTrustee pursuant to Article 8), and any rights it has under the Collateral Security Documents, and, and upon and after the receipt by the Deed Notes Collateral Trustee of such noticenotice and otherwise pursuant to in accordance with Section 4.4(a) of the Collateral Trust Agreement, the Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Notes Collateral Trustee shall not be deemed to hold a Lien in the Collateral securing the Notes outstanding under the Indenture or any Deed of Trust Collateral on behalf other Obligations under the Indenture, and the right of the Trustee for the benefit Holders of the Holders. (b) Any release of any portion Notes and such Obligations to the benefits and proceeds of the Trust Bond or the Deed of Trust Notes Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens Trustee’s Lien on the Trust Bond or the Deed Collateral will terminate and be discharged in accordance with Section 4.4(a) of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this IndentureTrust Agreement.

Release Upon Termination of the Company’s Obligations. (a) In the event that the Company delivers a Company Order to the Trustee, in form and substance reasonably acceptable to it, an Officers' Certificate certifying that either (1) all Indenture Obligations the obligations under this Indenture, the Securities and the Security Documents have been satisfied and discharged by complying with the provisions of Article Four8 and Section 7.07 (except for unmatured or unasserted indemnity claims pursuant to Section 7.07) or by the payment in full of the Company's obligations under the Securities, this Indenture and the Security Documents, and all such obligations have been so satisfied, or (2) the Securities have been defeased pursuant to Article 8, in either case the Trustee shall deliver to the Deed Trustee Company and the Notes Collateral Agent a notice stating that the Trustee, on behalf of the Holders, disclaims and gives up any and all rights it has in or to the Trust Bond and Collateral (other than with respect to funds held by the Deed of Trust CollateralTrustee pursuant to Article 8), and any rights it has under the Collateral Security Documents, and, and upon and after the receipt by the Deed Trustee Notes Collateral Agent of such notice, the Trustee Notes Collateral Agent shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not be deemed not to hold any Deed of Trust a Lien in the Collateral on behalf of the Trustee for and the benefit of Trustee and Notes Collateral Agent shall release the Holders. Collateral (b) Any other than funds held by the Trustee pursuant to Article 8) from such Liens at the Company's sole cost and expense and, upon written request by the Company, shall promptly execute and deliver such documents as the Company shall reasonably request to effectuate the release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by the Collateral Documents in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this IndentureLiens.

Release Upon Termination of the Company’s Obligations. (a) In the event that If (i) the Company delivers a Company Order an Officer's Certificate and an Officers' Certificate Opinion of Counsel certifying that all of its obligations under this Indenture Obligations have been satisfied and discharged by complying with the provisions of Article Four8 hereof, (ii) all outstanding Notes issued under this Indenture shall be surrendered to the Trustee for cancellation, (iii) the release of the Collateral in accordance with the terms of the Collateral Documents occurs or (iv) any other release of the Collateral as security for obligations of the Company or a Subsidiary under this Indenture occurs, the Trustee shall deliver to the Deed Collateral Trustee a notice stating that the Trustee, for itself and on behalf of the Holders, disclaims and gives has given up any and all rights it has in or to the Trust Bond and the Deed of Trust Collateral, and any rights it has under the Collateral Documents, and, upon and after the receipt by the Deed Collateral Trustee of such notice, the Collateral Trustee shall return the Trust Bond to the Deed Trustee for cancellation, and the Deed Trustee shall not no longer be deemed to hold any Deed of Trust the Lien in the Collateral on behalf of the Trustee for the benefit of the Holders. (b) Any release of any portion of the Trust Bond or the Deed of Trust Collateral made strictly in compliance with the provisions of this Section 1205 11.7 shall not be deemed to impair the Liens on the Trust Bond or the Deed of Trust Collateral created by Lien under the Collateral Documents or the Collateral thereunder in contravention of the provisions of this Indenture. * * * This Indenture may be signed in any number of counterparts with or the same effect as if the signatures to each counterpart were upon a single instrument, and all such counterparts together shall be deemed an original of this IndentureCollateral Documents.