Common use of Release from Covenants Clause in Contracts

Release from Covenants. Upon Written Request and proof being given to the reasonable satisfaction of the Trustee that the principal of all the Debentures and interest thereon and other moneys payable hereunder have been paid or satisfied or that all the Debentures then outstanding have matured and that the payment or satisfaction of all principal thereof, 61 -55- interest thereon and other moneys payable has been duly and effectually provided for, and upon payment of all costs, charges and expenses properly incurred by the Trustee hereunder and all interest thereon and the remuneration of the Trustee, or upon provision satisfactory to the Trustee being made therefor, the Trustee shall, at the request and at the expense of the Corporation, execute and deliver to the Corporation and the Guarantor such deeds or other instruments as shall be requisite to release the Corporation and the Guarantor from the terms of this Indenture and the Debentures, except those relating to the indemnification of the Trustee.

Release from Covenants. Upon Written Request and proof being given to the reasonable satisfaction of the Trustee that the principal of all the Debentures and the premium, if any, thereon and interest (including interest on amounts overdue) thereon and other moneys payable hereunder have been paid or satisfied satisfied, or that all the outstanding Debentures then outstanding have having matured and that or having been duly called for redemption, or the payment or satisfaction Trustee having been given irrevocable instructions by the Corporation to give within 90 days notice of redemption of all principal thereofthe outstanding Debentures, 61 -55- interest thereon and other moneys payable such payment and/or redemption has been duly and effectually provided for, for by payment to the Trustee or otherwise; and upon payment of all costs, charges and expenses properly incurred by the Trustee hereunder and all interest thereon in relation to these presents and the remuneration of the Trustee, or upon provision satisfactory to the Trustee being made therefor, the Trustee shall, at the request and at the expense of the Corporation, execute and deliver to the Corporation and the Guarantor such deeds or other instruments as shall be requisite to evidence the satisfaction and discharge of the security (if any) created pursuant hereto, and to release the Corporation and the Guarantor from the terms of this Indenture and the Debentures, its covenants herein contained except those relating to the indemnification of the Trustee.

Release from Covenants. Upon Written Request and proof evidence being given to the reasonable satisfaction of the Trustee that the principal of all the Debentures Secured Notes and interest thereon and other moneys money payable hereunder have been paid or satisfied or that all subject to and in accordance with the Debentures then outstanding have matured and that the terms of this Indenture and, such payment or satisfaction of all principal thereof, 61 -55- interest thereon and other moneys payable has having been duly and effectually provided forfor by payment to the Trustee or otherwise in accordance with the terms of this Indenture, and upon payment of all reasonable costs, charges and expenses properly incurred by the Trustee hereunder in relation to these presents and all interest thereon and the remuneration of the Trustee, or upon provision satisfactory to the Trustee being made therefor, the Trustee shallwill, at the request and at the expense of the Corporation, execute and deliver to the Corporation and the Guarantor such deeds or other instruments as shall be are requisite to release the Corporation and the Guarantor from the terms of this First Supplemental Indenture and the Debenturesterms of the Principal Indenture relating to the Secured Notes, except those relating to the indemnification of the TrusteeTrustee or which by the terms hereof are expressly intended to survive any such release or discharge.