Common use of Satisfaction, Discharge and Defeasance of the Notes Clause in Contracts

Satisfaction, Discharge and Defeasance of the Notes. The Company shall be deemed to have paid and Discharged the entire Indebtedness on all the Outstanding Notes upon the deposit referred to in subparagraph (1) hereof, and the provisions of this Indenture, as they relate to such Outstanding Notes, 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 20 contracts

Samples: Supplemental Indenture (Eversource Energy), Twenty First Supplemental Indenture (Eversource Energy), Twentieth Supplemental Indenture (Eversource Energy)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.