Common use of Satisfaction and Discharge of Securities of any Series Clause in Contracts

Satisfaction and Discharge of Securities of any Series. The Company shall be deemed to have satisfied and discharged the entire indebtedness an all the Securities of any particular series and, so long as no Event of Default shall be continuing, the Trustee for the Securities of such series, upon Company Request and at the expense of the Company, shall execute proper instruments acknowledging satisfaction and discharge of such indebtedness, when

Appears in 2 contracts

Sources: Indenture (Thaxton Group Inc), Indenture (Thaxton Group Inc)