Satisfaction of Indenture Sample Clauses

Satisfaction of Indenture. (a) If the Authority shall pay, or cause to be paid, or there shall otherwise be paid (i) to the Noteholders, the principal of and interest on the Notes, at the times and in the manner stipulated in this Indenture and (ii) to all other Persons, all amounts payable or secured under this Indenture, then the pledge of the Trust Estate, except the Department SAP Rebate Fund, and all covenants, agreements and other obligations of the Authority to the Noteholders and all other obligations due and outstanding shall thereupon cease, terminate and become void and be discharged and satisfied, except to the extent payable from the Department SAP Rebate Fund. In such event, and upon written direction, the Trustee shall execute and deliver to the Authority all such instruments as may be desirable to evidence such discharge and satisfaction, and the Trustee shall pay over or deliver all money held by it under this Indenture to the Authority. If the Authority shall pay or cause to be paid, or there shall otherwise be paid, to the Noteholders of any Outstanding Notes the principal of and interest on such Notes and to all other Persons all amounts payable or secured under this Indenture, at the times and in the manner stipulated in this Indenture and such Notes, and such other agreement or instrument payments under which amounts are payable or secured under this Indenture, then such Notes and each such other Person shall cease to be entitled to any lien, benefit or security under this Indenture, and all covenants, agreements and obligations of the Authority to the Noteholders thereof and each such other Person shall thereupon cease, terminate and become void and be discharged and satisfied.
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Satisfaction of Indenture. (a) If the Issuer shall pay, or cause to be paid, or there shall otherwise be paid (i) to the Registered Owners of the Series 2004-2 Notes, the principal of and interest on the Series 2004-2 Notes, at the times and in the manner stipulated in this Indenture and (ii) to each Counterparty, all Issuer Derivative Payments then due, then the pledge of the Trust Estate which is not pledged hereunder, and all covenants, agreements, and other obligations of the Issuer to the Registered Owners of Series 2004-2 Notes shall thereupon cease, terminate, and become void and be discharged and satisfied. In such event, the Indenture Trustee shall execute and deliver to the Issuer all such instruments as may be desirable to evidence such discharge and satisfaction, and the Indenture Trustee shall pay over or deliver all money held by it under this Indenture to the party entitled to receive the same under this Indenture.
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Satisfaction of Indenture. 103 Section 10.03. Cancellation of Paid Series 2004-2 Notes...................103 ARTICLE XI TERMINATION
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Satisfaction of Indenture. If the City shall pay or cause to be paid, or there shall otherwise be paid to the Owners, Debt Service on all of the Obligations, at the times and in the manner stipulated in this Indenture, and all amounts due and owing with respect to Credit Agreement Obligations, Administrative Expenses, Indemnification Obligations and any Additional Rent Reimbursement Obligations have been paid or provided for, then the pledge of the Trust Estate and all covenants, agreements and other obligations of the City to the Owners of such Obligations, the Credit Providers, the Persons to whom Administrative Expenses and Indemnification Obligations shall have been owed, and each of RentCo and the Tenant with respect to Additional Rent Reimbursement Obligations shall thereupon cease, terminate and become void and be discharged and satisfied. In such event, the City shall deliver to the Trustee a City Letter of Instructions and, following execution and delivery of all necessary documents, an opinion of counsel to the effect that the conditions precedent to the satisfaction and discharge of this Indenture have been fulfilled. The Trustee shall execute and deliver to the City copies of all such documents as it may have evidencing that Debt Service has been paid so that the City may determine if the Indenture is satisfied; if so, the Trustee shall pay over or deliver all moneys held by it in the funds and accounts held hereunder to the Person herein expressly entitled to receive such amounts, or, if no Person is entitled to receive such amounts, then to the Tenant.
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Satisfaction of Indenture. (a) If the Issuer shall pay, or cause to be paid, or there shall otherwise be paid to the Noteholders, the principal of and interest on the Notes, at the times and in the manner stipulated in this Indenture, then the pledge of the Trust Estate hereunder, and all covenants, agreements, and other obligations of the Issuer to the Noteholders shall thereupon cease, terminate, and become void and be discharged and satisfied. In such event, the Indenture Trustee shall execute and deliver to the Issuer all such instruments as may be desirable to evidence such discharge and satisfaction, and the Indenture Trustee shall pay over or deliver all money held by it under this Indenture to the party entitled to receive the same under this Indenture.
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Satisfaction of Indenture. 73 Section 13.2 Cancellation of Paid Bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 Section 13.3 Trust for Payment of Debt Service . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 74 ARTICLE XIV
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Satisfaction of Indenture. When the principal or redemption price (as the case may be) of, and interest on, all Bonds issued hereunder have been paid, or provision has been made for payment of the same as described Section 13.1 hereof, together with the compensation of the Trustee and all other sums payable hereunder by the Board and the Letter of Credit has been cancelled, the right, title and interest of the Trustee shall thereupon cease and the Trustee, on demand of the Board, shall release this Indenture and shall execute such documents to evidence such release as may be reasonably required by the Board and shall turn over to the Company or to such person, body or authority as may be entitled to receive the same all balances then held by it hereunder. If payment or provision therefor is made with respect to less than all of the Bonds, the particular Bonds (or portion thereof) for which provision for payment shall have been considered made shall be selected by lot by the Trustee, and thereupon the Trustee shall take similar action for the release of this Indenture with respect to such Bonds. Notwithstanding the satisfaction of the Indenture, the Trustee shall have a continuing obligation to carry out the provisions for mandatory redemption of the Bonds as provided for in Section 4.1(a) hereof upon the occurrence of a Determination of Taxability.
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Satisfaction of Indenture. 95 Section 10.03. Cancellation of Paid Notes. . . . . . . . . . . . . . 97 ARTICLE XI
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Related to Satisfaction of Indenture

  • Confirmation of Indenture The Base Indenture, as supplemented and amended by this Supplemental Indenture and all other indentures supplemental thereto, is in all respects ratified and confirmed, and the Base Indenture, this Supplemental Indenture and all indentures supplemental thereto shall be read, taken and construed as one and the same instrument.

  • Termination of Indenture Upon payment in full of the Principal Amount of, Make-Whole Amount, if any, and all accrued and unpaid interest on and other amounts then due with respect to the Equipment Notes and provided that there shall then be no other amounts then due to the Note Holders and the Indenture Trustee hereunder or under the Lease or the Refunding Agreement or otherwise secured hereby, the Lien of this Indenture shall be deemed discharged and the security interests in favor of the Indenture Trustee and the Note Holders hereunder shall terminate, and the Owner Trustee shall direct the Indenture Trustee to execute and deliver to or as directed in writing by the Owner Trustee, an appropriate instrument evidencing the discharge of such Lien and the termination of such security interest in the Aircraft and release of the Indenture Documents from the assignment and pledge thereof hereunder, and the Indenture Trustee shall execute and deliver such instrument as aforesaid and, at the Owner Trustee's expense, will execute and deliver such other instruments or documents as may be reasonably requested by the Owner Trustee to give effect to such discharge, termination and release; provided, however, that this Indenture and the trusts created hereby shall earlier terminate and this Indenture shall be of no further force or effect as expressly provided pursuant to Article X hereof or upon any sale or other final disposition by the Indenture Trustee of all property part of the Trust Indenture Estate and the final distribution by the Indenture Trustee of all moneys or other property or proceeds constituting part of the Trust Indenture Estate in accordance with the terms hereof. Except as aforesaid otherwise provided, this Indenture and the trusts created hereby shall continue in full force and effect in accordance with the terms hereof.

  • Authorization of Indenture The Indenture has been duly authorized by the Company and, on the Closing Date, will have been duly executed and delivered by the Company, and assuming due authorization, execution and delivery of the Indenture by the Indenture Trustee, the Indenture will constitute a valid, legal and binding agreement of the Company, enforceable against the Company in accordance with its terms, except to the extent that enforceability may be limited by the Enforceability Exceptions.

  • Ratification of Indenture The Indenture, as supplemented by this Supplemental Indenture, is in all respects ratified and confirmed, and this Supplemental Indenture shall be deemed part of the Indenture in the manner and to the extent herein and therein provided.

  • Incorporation of Indenture All the provisions of this Supplemental Indenture shall be deemed to be incorporated in, and made a part of, the Indenture; and the Indenture, as supplemented and amended by this Supplemental Indenture, shall be read, taken and construed as one and the same instrument.

  • Protection of Indenture Trust Estate The Issuer will from time to time execute and deliver all such supplements and amendments hereto, all such financing statements and continuation statements and will take such other action necessary or advisable to:

  • Ratification of Indenture; Supplemental Indentures Part of Indenture Except as expressly amended hereby, the Indenture is in all respects ratified and confirmed and all the terms, conditions and provisions thereof shall remain in full force and effect. This Supplemental Indenture shall form a part of the Indenture for all purposes, and every holder of Securities heretofore or hereafter authenticated and delivered shall be bound hereby.

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