Common use of Termination of the Issuer’s Obligations Clause in Contracts

Termination of the Issuer’s Obligations. (a) The Issuer may terminate its obligations and the obligations of the Guarantors under the Notes and this Indenture, except those obligations referred to in the Section 8.01(b), if all Notes previously authenticated and delivered (other than destroyed, lost or stolen Notes which have been replaced or paid or Notes for whose payment U.S. Legal Tender or U.S. Government Securities, or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the outstanding Notes to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has paid all sums payable by it hereunder, or if:

Appears in 2 contracts

Samples: Indenture (PQ Systems INC), Warner Chilcott CORP

AutoNDA by SimpleDocs

Termination of the Issuer’s Obligations. (a) The Issuer may terminate its obligations and the obligations of the Guarantors under the Notes Securities and this Indenture, except those obligations referred to in the penultimate paragraph of this Section 8.01(b)8.01, if all Notes Securities previously authenticated and delivered (other than destroyed, lost or stolen Notes Securities which have been replaced or paid or Notes Securities for whose payment U.S. Legal Tender or U.S. Government Securities, or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the outstanding Notes Securities to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has paid all sums payable by it hereunder, or if:

Appears in 2 contracts

Samples: Supplemental Indenture (Warner Music Group Corp.), UGS PLM Solutions Asia/Pacific INC

Termination of the Issuer’s Obligations. (a) The Issuer may terminate its obligations and the obligations of the Guarantors under the Notes and this Indenture, except those obligations referred to in the penultimate paragraph of this Section 8.01(b)8.01, if all Notes previously authenticated and delivered (other than destroyed, lost or stolen Notes which have been replaced or paid or Notes for whose payment U.S. Legal Tender or U.S. Government Securities, or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the outstanding Notes to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has paid all sums payable by it hereunder, or if:

Appears in 1 contract

Samples: LCE AcquisitionSub, Inc.

Termination of the Issuer’s Obligations. (a) The Issuer may terminate its obligations and the obligations under any of the Guarantors under the Notes Securities and this Indenture, except those obligations referred to in the penultimate paragraph of this Section 8.01(b)8.01, if all Notes such Securities previously authenticated and delivered (other than destroyed, lost or stolen Notes Securities which have been replaced or paid or Notes Securities for whose payment U.S. Legal Tender or U.S. Government Securities, Securities or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the such outstanding Notes Securities to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has paid all sums payable by it hereunder, or if:

Appears in 1 contract

Samples: Indenture (Warner Music Group Corp.)

Termination of the Issuer’s Obligations. (a) The Issuer may terminate its obligations and the obligations of the Guarantors under the Notes and this Indenture, except those obligations referred to in the penultimate paragraph of this Section 8.01(b)8.01, if all Notes previously authenticated and delivered (other than destroyed, lost or stolen Notes which have been replaced or paid or Notes for whose payment U.S. Legal Tender or U.S. Government Securities, or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the outstanding Notes to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer and thereafter repaid to the Issuer, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has paid all sums payable by it hereunder, or if:

Appears in 1 contract

Samples: Indenture (Warner Music Group Corp.)

AutoNDA by SimpleDocs

Termination of the Issuer’s Obligations. (a) The Issuer Issuers may terminate its their obligations and the obligations of the Guarantors under the Notes and this Indenture, except those obligations referred to in the penultimate paragraph of this Section 8.01(b)8.01, if all Notes previously authenticated and delivered (other than destroyed, lost or stolen Notes which have been replaced or paid or Notes for whose payment U.S. Legal Tender or U.S. Government Securities, or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the outstanding Notes to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer Issuers and thereafter repaid to the IssuerIssuers, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has Issuers have paid all sums payable by it hereunder, or if:

Appears in 1 contract

Samples: Houghton Mifflin Finance, Inc.

Termination of the Issuer’s Obligations. (a) The Issuer Issuers may terminate its their obligations and the obligations of the Guarantors under the Notes and this Indenture, except those obligations referred to in the Section 8.01(b), if all Notes previously authenticated and delivered (other than destroyed, lost or stolen Notes which have been replaced or paid or Notes for whose payment U.S. Legal Tender or U.S. Government Securities, or a combination thereof, in such amount as is, in the opinion of a nationally recognized firm of independent public accountants, sufficient without consideration of reinvestment of such interest, to pay principal of, premium, if any, and interest on the outstanding Notes to maturity or redemption, has theretofore been deposited with the Trustee or the Paying Agent in trust or segregated and held in trust by the Issuer Issuers and thereafter repaid to the IssuerIssuers, as provided in Section 8.05) have been delivered to the Trustee for cancellation and the Issuer has Issuers have paid all sums payable by it hereunder, or if:

Appears in 1 contract

Samples: Warner Chilcott PLC

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