Common use of Release of Guarantees Clause in Contracts

Release of Guarantees. Concurrently with the payment in full of all of the Securities, the Guarantors shall be released from and relieved of their obligations under this Article Twelve. Upon the delivery by the Company to the Trustee of an Officers’ Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are again terminated, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently Notwithstanding anything in this Article Fifteen to the contrary, concurrently with the payment in full of all the principal of, premium, if any, and interest on Securities of the Securitiesa series or upon Defeasance or Covenant Defeasance with respect to Securities of a series, the Guarantors every Guarantor shall be released from and relieved of their its obligations under this Article TwelveFifteen with respect to the Securities of such series. Upon the delivery by the Company to the Trustee of an Officers’ Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee (at the expense of the Company) shall execute and deliver any documents reasonably required in order to evidence the release of the Guarantors each Guarantor from their obligationsits obligations under this Guarantee. If any of the Guaranteed Obligations obligations to pay the principal of, premium, if any, and interest on such Securities and all other obligations of the Company are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors each Guarantor under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are again terminatedprincipal of, premium, if any, and the Guarantors interest on such Securities are paid in full, and each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently Notwithstanding anything in this Article Fifteen to the contrary, concurrently with the payment in full of all the principal of, premium, if any, and interest on Securities of the Securitiesa series or upon Defeasance or Covenant Defeasance with respect to Securities of a series, the Guarantors every Guarantor shall be released from and relieved of their its obligations under this Article TwelveFifteen with respect to the Securities of such series. Upon the delivery by the Company to the Trustee of an Officers’ Officer’s Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee (at the expense of the Company) shall execute and deliver any documents reasonably required in order to evidence the release of the Guarantors each Guarantor from their obligationsits obligations under this Guarantee. If any of the Guaranteed Obligations obligations to pay the principal of, premium, if any, and interest on such Securities and all other obligations of the Company are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors each Guarantor under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are again terminatedprincipal of, premium, if any, and the Guarantors interest on such Securities are paid in full, and each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently with the payment in full of all of the Securities, the Guarantors shall be released from and relieved of their obligations under this Article Twelve. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations was made by the Company in accordance with the provisions of this Indenture, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligations. If any of the Guaranteed Obligations are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are again terminated, and the Guarantors shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently Notwithstanding anything in this Article X to the contrary, concurrently with the payment or performance in full of (i) all amounts due and owing on all outstanding Securities and (ii) all other obligations of the SecuritiesCompany under this Indenture, the Guarantors shall be released from and relieved of from their obligations under this Article Twelve. X. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations the Guarantees was made by the Company in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under the Guarantees. If any of the Guaranteed Obligations obligations of the Company are revived and reinstated after the termination of this Guaranteethe Guarantees, then all of the obligations of the Guarantors under this Guarantee the Guarantees shall be revived and reinstated as if this Guarantee such Guarantees had not been terminated until such time as all the Guaranteed Obligations amounts due and owing on all outstanding Securities are again terminatedpaid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guaranteethe Guarantees, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently Notwithstanding anything in --------------------- this Article 11 to the contrary, concurrently with the payment in full of (i) the principal of and premium, if any, on the Securities and (ii) all other obligations of the SecuritiesCompany under this Indenture, the Guarantors Guarantor shall be released from and relieved of their its obligations under this Article Twelve11. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations a Guarantee was made by the Company in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors Guarantor from their obligationsits obligations under such Guarantee. If any of the Guaranteed Obligations obligations to pay the principal of and premium, if any, on the Securities and all other obligations of the Company are revived and reinstated after the termination of this such Guarantee, then all of the obligations of the Guarantors Guarantor under this such Guarantee shall be revived and reinstated as if this such Guarantee had not been terminated until such time as the Guaranteed Obligations principal of and premium, if any, on the Securities are again terminatedpaid in full, and the Guarantors each Guaran tor shall enter into an amendment to this such Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently Notwithstanding anything in this Article Thirteen to the contrary, concurrently with the payment in full of all of the principal of, premium, if any, and interest on the Securities, the Guarantors shall be released from and relieved of their obligations under this Article TwelveThirteen. Upon the delivery by the Company Issuer to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company Issuer in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee shall execute any documents reasonably required by the Guarantors in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Obligations obligations to pay the principal of, premium, if any, and interest on the Securities and all other obligations of the Issuer are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are again terminatedprincipal of, premium, if any, and interest on the Guarantors Securities are paid in full, and each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.. ARTICLE FOURTEEN

Release of Guarantees. Concurrently Notwithstanding anything in this Article 11 to the contrary, concurrently with the payment or performance in full of (i) all amounts due and owing on all outstanding Securities and (ii) all other obligations of the SecuritiesCompany under this Indenture, the Guarantors shall be released from and relieved of from their obligations under this Article Twelve11. Upon the delivery by the Company to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations the Guarantees was made by the Company in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under the Guarantees. If any of the Guaranteed Obligations obligations of the Company are revived and reinstated after the termination of this Guaranteethe Guarantees, then all of the obligations of the Guarantors under this Guarantee the Guarantees shall be revived and reinstated as if this Guarantee such Guarantees had not been terminated until such time as all the Guaranteed Obligations amounts due and owing on all outstanding Securities are again terminatedpaid in full, and the Guarantors each Guarantor shall enter into an amendment to this Guaranteethe Guarantees, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.

Release of Guarantees. Concurrently Notwithstanding anything in this Article Thirteen to the contrary, concurrently with the payment in full of all of the principal of, premium, if any, and interest on the Securities, the Guarantors shall be released from and relieved of their obligations under this Article TwelveThirteen. Upon the delivery by the Company Issuer to the Trustee of an Officers’ ' Certificate and, if requested by the Trustee, and an Opinion of Counsel to the effect that the transaction giving rise to the release of such obligations this Guarantee was made by the Company Issuer in accordance with the provisions of this IndentureIndenture and the Securities, the Trustee shall execute any documents reasonably required in order to evidence the release of the Guarantors from their obligationsobligations under this Guarantee. If any of the Guaranteed Obligations obligations to pay the principal of, premium, if any, and interest on the Securities and all other obligations of the Issuer are revived and reinstated after the termination of this Guarantee, then all of the obligations of the Guarantors under this Guarantee shall be revived and reinstated as if this Guarantee had not been terminated until such time as the Guaranteed Obligations are again terminatedprincipal of, premium, if any, and interest on the Guarantors Securities are paid in full, and each Guarantor shall enter into an amendment to this Guarantee, reasonably satisfactory to the Trustee, evidencing such revival and reinstatement.