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

Satisfaction, Discharge and Defeasance of Securities of any Series. The Company shall be deemed to have paid and Discharged the entire Indebtedness on all the Outstanding Securities of any series on the 91st day after the date of the deposit referred to in subparagraph (1) hereof, and the provisions of this Indenture, as it relates to such Outstanding Securities of such series, shall no longer be in effect (and the Trustee, at the expense of the Company, shall at Company Request execute proper instruments acknowledging the same), except as to:

Appears in 3 contracts

Samples: Indenture (New York State Electric & Gas Corp), Indenture (Energy East Corp), New York State Electric & Gas Corp

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Satisfaction, Discharge and Defeasance of Securities of any Series. The Company shall be deemed to have paid and Discharged discharged the entire Indebtedness indebtedness on all the Outstanding Securities of any series on the 91st day after the date of the deposit referred to in subparagraph (1f) hereof, and the provisions of this Indenture, as it relates to such Outstanding Securities of such series, shall no longer be in effect (and the Trustee, at the expense of the Company, shall at Company Request execute proper instruments acknowledging the same), except as to:

Appears in 1 contract

Samples: Indenture (Ingersoll Rand Co)

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