Common use of Satisfaction of Sinking Fund Payments with Debt Securities Clause in Contracts

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1) may deliver Outstanding Debt Securities of a series (other than any previously called for redemption), and (2) may apply as a credit Debt Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities as provided for by the terms of such series; provided, however, that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for such Debt Securities at the principal amount thereof and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1i) may deliver Outstanding Debt Securities of a series (other than any Debt Securities previously called for redemption), ) and (2ii) may apply as a credit Debt Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities as provided for by the terms of such series; provided, however, provided that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the redemption price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1) Partnership or a Subsidiary Guarantor may deliver Outstanding outstanding Debt Securities of a series (other than any previously called for redemption), ) and (2) may apply as a credit Debt Securities of a series which that have been redeemed either at the election of the Company Partnership pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such series of Debt Securities as Securities; provided for by the terms of such series; provided, however, that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the Redemption Price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1) may deliver Outstanding Debt Securities of a series (other than any previously called for redemption), ) and (2) may apply as a credit Debt Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities as provided for by the terms of such series; provided, however, provided that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the Redemption Price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1i) may deliver Outstanding outstanding Debt Securities of a series (other than any Debt Securities previously called for redemption), ) and (2ii) may apply as a credit Debt Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities as provided for by the terms of such series; provided, however, provided that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the redemption price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1) Issuer or the Guarantors may deliver Outstanding Debt Securities of a series (other than any previously called for redemption), ) and (2) may apply as a credit Debt Securities of a series which that have been redeemed either at the election of the Company Issuer pursuant to the terms of such Debt Securities or 84 through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case case, in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities to, and as provided for by the terms of such seriesby, their terms; provided, however, provided that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the Redemption Price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1) may deliver Outstanding outstanding Debt Securities of a series (other than any previously called for redemption), ) and (2) may apply as a credit Debt Securities of a series which have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities as provided for by the terms of such series; provided, however, that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the Redemption Price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly.

Satisfaction of Sinking Fund Payments with Debt Securities. The Company (1i) may deliver Outstanding Debt Securities of a series (other than any Debt Securities previously called for redemption), ) and (2ii) may apply as a credit Debt Securities of a series which that have been redeemed either at the election of the Company pursuant to the terms of such Debt Securities or through the application of permitted optional sinking fund payments pursuant to the terms of such Debt Securities, in each case in satisfaction of all or any part of any sinking fund payment with respect to the Debt Securities of such series required to be made pursuant to the terms of such Debt Securities as provided for by the terms of such series; provided, however, provided that such Debt Securities have not been previously so credited. Such Debt Securities shall be received and credited for such purpose by the Trustee for at the redemption price specified in such Debt Securities at for redemption through operation of the principal amount thereof sinking fund and the amount of such sinking fund payment shall be reduced accordingly. SECTION 3.06.