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Common use of Release from Covenants Clause in Contracts

Release from Covenants. Upon proof being given to the reasonable satisfaction of the Trustee of compliance with the following conditions:

Appears in 3 contracts

Sources: Trust Indenture (Bank of Montreal /Can/), Trust Indenture (Bank of Montreal /Can/), Trust Indenture (Bank of Montreal /Can/)

Related Clauses

  • Termination of Covenants
  • Interim Covenants
  • Operating Covenants
  • Separate Covenants
  • Certain Negative Covenants

Parent Clauses

  • Satisfaction and Discharge
  • Liquidity Risk
  • Cancellation of Retired Debentures
  • Conversion of Legended Debentures
  • Risk Factors

Sub-Clauses

  • Vesting of Powers in Successor
  • Certain Requirements
  • Issuance of Common Shares
  • Reservation of Common Shares; Listing
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