Common use of Discharge and Defeasance Clause in Contracts

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit with the Trustee any combination of money or Government Obligations for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any cash in United States dollars, non-callable Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of money or Government Obligations for a nationally recognized firm of independent public accountants, to pay and discharge the payment of principal and interest entire indebtedness on the outstanding Notes for principal, premium, if any, and accrued interest, to redemption the date of maturity or maturityredemption, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes Securities and the Indenture and to the release of liens on the Collateral if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or cash in U.S. dollars, U.S. Government Obligations or a combination thereof for the payment of principal and interest on the Notes Securities (including accrued and unpaid PIK Interest) to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any cash in United States dollars, non-callable U.S. Government Obligations, or a combination thereof, in such amounts as will be sufficient, in the opinion of money or Government Obligations a nationally recognized firm of independent public accountants, to pay and discharge the entire indebtedness on the outstanding Notes for the payment of principal and interest on accrued interest, to the Notes to redemption date of maturity or maturityredemption, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any cash in United States dollars, non-callable Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of money or Government Obligations for a nationally recognized firm of independent public accountants, to pay the payment of principal of, premium, if any, on and interest on the outstanding Notes to redemption on the stated maturity or maturityon the applicable Redemption Date, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture with respect to the Notes if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or U.S. Government Obligations sufficient, in the opinion of a nationally recognized firm of independent public accountants expressed in a written certification thereof delivered to the Trustee, for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes Securities and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of sufficient money or U.S. Government Obligations (as certified by an independent firm of certified public accountants) for the payment of principal and interest on the Notes Securities to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Senior Notes and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination cash in United States Dollars in such amounts as will be sufficient, in the opinion of money or Government Obligations for a nationally recognized firm of independent public accountants, to pay the payment of principal of, premium, if any, on and interest on the outstanding Senior Notes to redemption or on the stated maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit with the Trustee any combination of money or Government Obligations for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture with respect to the Notes if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or U.S. Government Obligations for the payment of principal and interest on the Notes to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes Securities and the Indenture and to the release of liens on the Collateral if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or cash in U.S. dollars, U.S. Government Obligations or a combination thereof for the payment of principal principal, interest and interest Additional Interest, if any, on the Notes Securities (including accrued and unpaid PIK Interest) to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes Securities and the Indenture and to the release of liens on the Collateral if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or cash in U.S. dollars, U.S. Government Obligations or a combination thereof for the payment of principal principal, interest and interest Additional Interest, if any, on the Notes Securities to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes 2017 Securities and the Indenture with respect to the 2017 Securities if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or U.S. Government Obligations for the payment of principal and interest on the Notes 2017 Securities to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination cash in United States Dollars in such amounts as will be sufficient, in the opinion of money or Government Obligations for a nationally recognized firm of independent public accountants, to pay the payment of principal of, premium, if any, on and interest on the outstanding Notes to redemption or on the stated maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes Securities and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of [[NYCORP:2551417v7:3642W:11/08/05--03:56 p]] money or U.S. Government Obligations Securities for the payment of principal and interest on the Notes Securities to redemption or maturity, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to may terminate some of or all of its obligations under the Notes and the Indenture if if, among other things, the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money or Government Obligations Trustee, in trust, for the payment benefit of the Holders of the Notes, cash in U.S. dollars, Government Securities, or a combination thereof, in such amounts as will be sufficient, in the opinion of a nationally recognized firm of independent public accountants, to pay the principal of, or premium (if any), interest and interest on Additional Interest (if any) on, the Notes to redemption or maturity, as the case may beoutstanding Notes.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to may terminate some of or all of its obligations under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any cash or non-callable Government Obligations, or a combination of money or cash and non-callable Government Obligations for Obligations, in such amounts as will be sufficient, in the payment opinion of a nationally recognized firm of public accountant, to pay the principal amount at maturity of, premium, if any, and interest on the Notes to on the stated date for payment thereof or on the applicable redemption or maturitydate, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to may terminate some or all of its the obligations of the Company under the Notes and the Indenture if the Company or the Subsidiary Guarantors deposit irrevocably deposits in trust with the Trustee any combination an amount in United States dollars sufficient to pay and discharge the entire Indebtedness on the Notes, not theretofore delivered for cancellation, including the principal of money or Government Obligations for the payment of principal and accrued interest on the such Notes to at such maturity, Stated Maturity or redemption or maturitydate, as the case may be.

Discharge and Defeasance. Subject to certain conditions, the Company at any time shall be entitled to terminate some or all of its obligations under the Notes Securities and the Indenture if the Company or the Subsidiary Guarantors deposit deposits with the Trustee any combination of money cash in U.S. dollars, or U.S. Government Obligations or a combination thereof for the payment of principal and interest on the Notes Securities to redemption or maturity, as the case may be.