Common use of Satisfaction and Discharge Defeasance Clause in Contracts

Satisfaction and Discharge Defeasance. 31 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 Section 8.2. Application of Trust Funds; Indemnification................................. 32 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 Section 8.4. Covenant Defeasance......................................................... 34 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 32 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 ................................ 32 Section 8.2. Application of Trust Funds; Indemnification................................. 32 ............................ 33 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 ........................... 33 Section 8.4. Covenant Defeasance......................................................... 34 .................................................... 35 Section 8.5. Repayment to Company........................................................ 35 ................................................... 36 Section 8.6. Reinstatement.......................................................... 36 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 30 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 ............................................30 Section 8.2. Application of Trust Funds; Indemnification................................. 32 ........................................31 Section 8.3. Legal Defeasance of Securities of any Series................................ .......................................32 Section 8.4. Covenant Defeasance......................................................... 34 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 28 Section 8.18.01. Satisfaction and Discharge of Indenture..................................... 31 ..................... 28 Section 8.28.02. Application of Trust Funds; Indemnification................................. 32 ................. 29 Section 8.38.03. Legal Defeasance of Securities of any Series................................ 32 ................ 30 Section 8.48.04. Covenant Defeasance......................................................... 34 ......................................... 31 Section 8.58.05. Repayment to Company........................................................ 35 ARTICLE IX......................................... 33

Satisfaction and Discharge Defeasance. 31 87 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 Indenture ................................................... 87 Section 8.2. Application of Trust Funds; Indemnification................................. 32 . .......................................... 88 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 Notes ....................................................................... 88 Section 8.4. Covenant Defeasance......................................................... 34 Defeasance ................................................................................ 90 Section 8.5. Repayment to Company........................................................ 35 Company ............................................................................ 91 Section 8.6. Reinstatement ............................................................................................ 91 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 29 Section 8.18.01. Satisfaction and Discharge of Indenture..................................... 31 ..........................29 Section 8.28.02. Application of Trust Funds; Indemnification................................. 32 ......................30 Section 8.38.03. Legal Defeasance of Securities of any Series................................ 32 .....................31 Section 8.48.04. Covenant Defeasance......................................................... 34 ..............................................33 Section 8.58.05. Repayment to Company........................................................ 35 ARTICLE IX..............................................34

Satisfaction and Discharge Defeasance. 31 19 Section 8.14.1. Satisfaction and Discharge of Indenture..................................... 31 .........................................19 Section 8.24.2. Application of Trust Funds; Indemnification................................. 32 Money......................................................20 Section 8.34.3. Legal Repayment of Monies Held by Paying Agent........................................20 Section 4.4. Defeasance of Securities of any Series................................ 32 Notes.............................................................20 Section 8.44.5. Covenant Conditions to Defeasance......................................................... 34 ........................................................21 Section 8.54.6. Repayment to Company........................................................ 35 ARTICLE IX.Indemnification for U.S. Government Obligations.................................22 Section 4.7. Reinstatement...................................................................22

Satisfaction and Discharge Defeasance. 31 48 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 ...................48 Section 8.2. Application of Trust Funds; Indemnification................................. 32 ...............50 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 ..............51 TABLE OF CONTENTS Page Section 8.4. Covenant Defeasance......................................................... 34 .......................................53 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX.......................................55

Satisfaction and Discharge Defeasance. 31 32 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 . ...................................................32 Section 8.2. Application of Trust Funds; Indemnification................................. 32 . ...........................................33 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 . ...........................................33 Section 8.4. Covenant Defeasance......................................................... 34 .................................................................................35 Section 8.5. Repayment to Company........................................................ 35 .............................................................................36 Section 8.6. Reinstatement.............................................................................................36 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 30 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 ................................ 30 Section 8.2. Application of Trust Funds; Indemnification................................. 32 ............................ 31 Section 8.3. Legal Defeasance of Securities of any Series................................ ........................... 32 Section 8.4. Covenant Defeasance......................................................... 34 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 87 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 Indenture ................................................... 87 Section 8.2. Application of Trust Funds; Indemnification................................. 32 . .......................................... 88 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 Notes ....................................................................... 89 Section 8.4. Covenant Defeasance......................................................... 34 Defeasance ................................................................................ 90 Section 8.5. Repayment to Company........................................................ 35 Company ............................................................................ 91 Section 8.6. Reinstatement ............................................................................................ 91 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 Indenture 82 Section 8.2. 8.02 Defeasance or Covenant Defeasance ................ 83 Section 8.03 Application of Trust Funds; Indemnification................................. 32 Money ....................... 86 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 Section 8.4. Covenant Defeasance......................................................... 34 Section 8.5. 8.04 Repayment to Company........................................................ 35 the Company ......................... 86 Section 8.05 Reinstatement .................................... 87 Section 8.06 Acknowledgment of Discharge by Trustee......................................... 87 ARTICLE IX.NINE

Satisfaction and Discharge Defeasance. 31 24 Section 8.1. 8.01 Satisfaction and Discharge of Indenture..................................... 31 ..........................................24 Section 8.2. 8.02 Application of Trust Funds; Indemnification................................. 32 ......................................25 TABLE OF CONTENTS (continued) PAGE Section 8.3. 8.03 Legal Defeasance of Securities of any Any Series................................ 32 Section 8.4. Covenant Defeasance......................................................... 34 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX......................................26

Satisfaction and Discharge Defeasance. 31 26 Section 8.18.01. Satisfaction and Discharge of Indenture..................................... 31 Indenture .................................26 Section 8.28.02. Application of Trust Funds; Indemnification................................. 32 Indemnification ............................ 28 Section 8.38.03. Legal Defeasance of Securities of any Series................................ 32 ............................ 28 Section 8.48.04. Covenant Defeasance......................................................... 34 ..................................................... 30 Section 8.58.05. Repayment to Company........................................................ 35 .................................................... 31 ARTICLE IX.9

Satisfaction and Discharge Defeasance. 31 Section 8.1. Satisfaction and Discharge of Indenture..................................... ............................................ 31 Section 8.2. Application of Trust Funds; Indemnification................................. ........................................ 32 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 ....................................... 33 Section 8.4. Covenant Defeasance......................................................... 34 ................................................................ 35 Section 8.5. Repayment to Company........................................................ 35 ............................................................... 36 Section 8.6. Reinstatement...................................................................... 36 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 27 Section 8.18.01. Satisfaction and Discharge of Indenture..................................... 31 . ......................................... 27 Section 8.28.02. Application of Trust Funds; Indemnification................................. 32 . ..................................... 28 Section 8.38.03. Legal Defeasance of Securities of any Series................................ 32 . .................................... 29 Section 8.48.04. Covenant Defeasance......................................................... 34 . ............................................................. 30 Section 8.58.05. Repayment to Company........................................................ 35 ARTICLE IX.. ............................................................ 31

Satisfaction and Discharge Defeasance. 31 30 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 .............................30 Section 8.2. Application of Trust Funds; Indemnification................................. 32 .........................31 Section 8.3. Legal Defeasance of Securities of any Series................................ 32 ........................31 Section 8.4. Covenant Defeasance......................................................... 34 .................................................33 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX.................................................34 Section 8.6. Reinstatement.......................................................34

Satisfaction and Discharge Defeasance. 31 26 Section 8.18.01. Satisfaction and Discharge of Indenture..................................... 31 ..................................................26 Section 8.28.02. Application of Trust Funds; Indemnification................................. 32 ..............................................27 Section 8.38.03. Legal Defeasance of Securities of any Series................................ 32 .............................................28 Section 8.48.04. Covenant Defeasance......................................................... 34 ......................................................................29 Section 8.58.05. Repayment to Company........................................................ 35 ARTICLE IX......................................................................31

Satisfaction and Discharge Defeasance. 31 30 Section 8.1. 8.1 Satisfaction and Discharge of Indenture..................................... 31 .......................................... 30 Section 8.2. 8.2 Application of Trust Funds; Indemnification................................. 32 ...................................... 31 Section 8.3. 8.3 Legal Defeasance of Securities of any Series................................ ..................................... 32 Section 8.4. 8.4 Covenant Defeasance......................................................... 34 .............................................................. 33 Section 8.5. 8.5 Repayment to Company........................................................ 35 ARTICLE IX.............................................................. 34 Section 8.6 Reinstatement.................................................................... 35

Satisfaction and Discharge Defeasance. 31 29 Section 8.18.01. Satisfaction and Discharge of Indenture..................................... 31 .......................................................29 Section 8.28.02. Application of Trust Funds; Indemnification................................. 32 ...................................................30 Section 8.38.03. Legal Defeasance of Securities of any Series................................ 32 ..................................................31 Section 8.48.04. Covenant Defeasance......................................................... 34 ...........................................................................33 Section 8.58.05. Repayment to Company........................................................ 35 ARTICLE IX...........................................................................34

Satisfaction and Discharge Defeasance. 31 27 Section 8.1. 8.01 Satisfaction and Discharge of Indenture..................................... 31 ....................................... 27 Section 8.2. 8.02 Application of Trust Funds; Indemnification................................. 32 ................................... 28 Section 8.3. 8.03 Legal Defeasance of Securities of any Series................................ 32 .................................. 28 Section 8.4. 8.04 Covenant Defeasance......................................................... 34 ........................................................... 30 Section 8.5. 8.05 Repayment to Company........................................................ 35 ARTICLE IX........................................................... 31 Section 8.06 Reinstatement................................................................. 31

Satisfaction and Discharge Defeasance. 31 Section 8.1. Satisfaction and Discharge of Indenture..................................... 31 . ...................................................30 Section 8.2. Application of Trust Funds; Indemnification................................. 32 . ...........................................31 Section 8.3. Legal Defeasance of Securities of any Series................................ . ...........................................32 Section 8.4. Covenant Defeasance......................................................... 34 . ................................................................................33 Section 8.5. Repayment to Company........................................................ . ............................................................................35 Section 8.6. Reinstatement. ............................................................................................35 ARTICLE IX.

Satisfaction and Discharge Defeasance. 31 Section 8.1. 26 SECTION 8.01 Satisfaction and Discharge of Indenture..................................... 31 Section 8.2. ........................................... 26 SECTION 8.02 Application of Trust Funds; Indemnification................................. 32 Section 8.3. ....................................... 27 SECTION 8.03 Legal Defeasance of Securities of any Series................................ 32 Section 8.4. Covenant Defeasance......................................................... 34 Section 8.5. Repayment to Company........................................................ 35 ARTICLE IX....................................... 28 SECTION 8.04