Common use of Satisfaction, Discharge and Defeasance of Securities of any Series Clause in Contracts

Satisfaction, Discharge and Defeasance of Securities of any Series. If pursuant to Section 301 provision is made for defeasance of Securities of any series pursuant to Section 403, the Company shall be deemed to have paid and discharged the entire indebtedness on all the Outstanding Securities of such series and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of such indebtedness, when

Appears in 4 contracts

Samples: Subordinated Indenture (Southern First Bancshares Inc), Subordinated Indenture (Southern First Bancshares Inc), National City Corp

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Satisfaction, Discharge and Defeasance of Securities of any Series. If pursuant to Section 301 provision is made for defeasance of Securities of any series pursuant to this Section 403, the Company shall be deemed to have paid and discharged the entire indebtedness on all the Outstanding Securities of such series and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of such indebtedness, when

Appears in 4 contracts

Samples: Indenture (Home Bancshares Inc), Indenture (Firstmerit Corp /Oh/), Firstmerit Corp /Oh/

Satisfaction, Discharge and Defeasance of Securities of any Series. If pursuant to Section 301 3.01 provision is made for defeasance of Securities of any series pursuant to Section 4034.03, the Company shall be deemed to have paid and discharged the entire indebtedness on all the Outstanding Securities of such series and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of such indebtedness, when

Appears in 4 contracts

Samples: Subordinated Indenture (Union Bankshares Corp), BNC Bancorp, Eagle Bancorp Inc

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Satisfaction, Discharge and Defeasance of Securities of any Series. If If, pursuant to Section 301 3.1, provision is made for defeasance of Securities of any series pursuant to this Section 4034.2, the Company shall be deemed to have paid and discharged the entire indebtedness on all the Outstanding Securities of such series and the Trustee, at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of such indebtedness, when

Appears in 1 contract

Samples: Senior Indenture (Summit Bancorp/Nj/)

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