Common use of SATISFACTION AND DISCHARGE OF SECURITIES Clause in Contracts

SATISFACTION AND DISCHARGE OF SECURITIES. Securities of a series shall be deemed to have been paid in full as between the Issuer and the respective Holders (and future Holders) of Securities of such series upon the satisfaction and discharge of the Indenture with respect to Securities of such series pursuant to Section 8.1, except that in the case of such satisfaction and discharge as a result of compliance with Section 8.2, the Securities of such series shall be deemed to have been paid in full as between the Issuer and the respective Holders (and future Holders) of Securities of such series only if the deposit in trust with the Trustee by the Issuer of the funds in cash and/or U.S. Government Obligations as provided in Section 8.2 is not subsequently deemed a preference under the United States Bankruptcy Code as then in effect.

SATISFACTION AND DISCHARGE OF SECURITIES. Securities of a series shall be deemed to have been paid in full as between the Issuer Company and the respective Holders (and future Holders) of Securities of such series upon the satisfaction and discharge of the Indenture with respect to Securities of such series pursuant to Section 8.18.01 or 8.02(b), except that in the case of such satisfaction and discharge as a result of compliance with Section 8.28.02(b), the Securities of such series shall be deemed to have been paid in full as between the Issuer Company and the respective Holders (and future Holders) of Securities of such series only if the deposit in trust with the Trustee by the Issuer Company of the funds in cash and/or U.S. Government Obligations as provided in Section 8.2 8.02 is not subsequently deemed a preference under the United States Bankruptcy Code as then in effect.

SATISFACTION AND DISCHARGE OF SECURITIES. Securities of a series shall be deemed to have been paid in full as between the Issuer and the respective Holders holders (and future Holdersholders) of Securities of such series upon the satisfaction and discharge of the Indenture with respect to Securities of such series pursuant to Section 8.110.1, except that in the case of such satisfaction and discharge as a result of compliance with Section 8.210.2, the Securities of such series shall only be deemed to have been paid in full as between the Issuer and the respective Holders holders (and future Holdersholders) of Securities of such series only if the deposit in trust with the Trustee by the Issuer of the funds in cash and/or U.S. Government Obligations or Foreign Government Securities as provided in Section 8.2 10.2 is not subsequently deemed a preference under the United States Bankruptcy Code as then in effect.