Common use of Termination of Obligations Upon Cancellation of the Notes Clause in Contracts

Termination of Obligations Upon Cancellation of the Notes. In addition to the Company's rights under Section 8.1, the Company may terminate all of its respective obligations under this Indenture (subject to Sections 8.3 and 8.7) when: (a) all Notes theretofore authenticated and delivered (other than Notes which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 2.7) have been delivered to the Trustee for cancellation; (b) the Company has paid or caused to be paid all sums payable hereunder by the Company; and (c) the Company has delivered to the Trustee an Officers' Certificate and an Opinion of Counsel, each stating that all conditions precedent specified herein relating to the satisfaction and discharge of this Indenture have been complied with.

Appears in 2 contracts

Samples: Indenture (Transamerican Refining Corp), Indenture (Transamerican Refining Corp)

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Termination of Obligations Upon Cancellation of the Notes. In addition to the Company's rights under Section 8.1, the The Company may terminate all of its respective obligations under this Indenture (subject to Sections 8.3 and 8.7) when: when (a) all Notes theretofore authenticated and delivered (other than Notes which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 2.7) have been delivered to the Trustee for cancellation; (b) cancellation or the Company has paid or caused to be paid all sums payable hereunder by the Company; and Company and (cb) the Company has delivered to the Trustee an Officers' Certificate and an Opinion of Counsel, each stating that all conditions precedent specified herein relating to the satisfaction and discharge of this Indenture have been complied with.

Appears in 1 contract

Samples: Indenture (Transamerican Energy Corp)

Termination of Obligations Upon Cancellation of the Notes. In addition to the Company's rights under Section 8.18.1 hereof, the Company may terminate all of its respective obligations under this Indenture (subject to Sections 8.3 and 8.78.7 hereof) when: (a1) all Notes theretofore authenticated and delivered (other than Notes which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 2.72.10) hereof have been delivered to the Trustee for cancellation; (b2) the Company has paid or caused to be paid all other sums payable hereunder and under the Notes by the Company; and (c3) the Company has delivered to the Trustee an Officers' Certificate and an Opinion of CounselCertificate, each stating that all conditions precedent specified herein relating to the satisfaction and discharge of this Indenture have been complied with.

Appears in 1 contract

Samples: Indenture (Metrocall Inc)

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Termination of Obligations Upon Cancellation of the Notes. In addition to the Company's rights under Section 8.18.1 hereof, the Company may terminate all of its respective obligations under this Indenture (subject to Sections 8.3 and 8.78.7 hereof) when: : (a1) all Notes theretofore authenticated and delivered (other than Notes which have been destroyed, lost or stolen and which have been replaced or paid as provided in Section 2.72.10) hereof have been delivered to the Trustee for cancellation; ; (b2) the Company has paid or caused to be paid all other sums payable hereunder and under the Notes by the Company; and and (c3) the Company has delivered to the Trustee an Officers' Certificate and an Opinion of CounselCertificate, each stating that all conditions precedent specified herein relating to the satisfaction and discharge of this Indenture have been complied with.

Appears in 1 contract

Samples: Indenture (Metrocall Inc)

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