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87100680
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87100680
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Last modified
10/19/2011 12:45:34 AM
Creation date
3/27/2008 1:55:36 PM
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DEEDS
Inst Number
87100680
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( <br />87-1()o680 <br />{including any redemption - Nuired in order to satisfy any sinking fund obligation in respect of - <br />such Bonds}. <br />Upon terminations of the Company's obligations with respect to all Bonds of any series in <br />accordance with this Section 11,03 (a) and notice by the Company to the Trustees, (i) except as <br />set forth below, the Trustees and each holder of the Bonds of such series shall cease to be entitled <br />to any benefit or security under this Indenture with respect to the Bonds of such series and all the <br />Trustees' rights and interest therein shall cease, terminate and become null and void and (ii) the <br />Trustees shall (A i acknowledge- in writing the termination of the Company's obligations with <br />respect to the Bonds of such series except for those surviving obligations specified in Seaion <br />1l ;03tb1 hereof, (B) execute and deliver termination statements- releases and other instruments <br />of satisfaction, release and discharge with respect to such set-urity interests: and €CI :assagn- <br />transfer and deliver to the C.oripanw At the Trustees'. rights and interest in and to that portion of <br />the trust estate so released, <br />Cbl Notwithstanding any termination of any obligations of the Company in accordance with <br />Section I I.03(a) hereof, the Company-s' obligation to pa} the principal of and premium. if ,any. <br />and interest on a series of -Bonds pursuant to Section 4.01 and the Company's obligations it, <br />r .Sections L07. IA9- 10.01: W. 10..04. 10.0a and I l,rt34) shaf'l sur+ ye until there are no Bonds -of suds - - <br />series outstanding (as such term is defined in Sectom ILW2i. Thereafter, the Company'% <br />obligations in Sections 20,01 {i) and 11.03 (fl shall sur ire. <br />Cc? The C,ompant shall not be entitled to deposit sash or t'S Government osrnment Obligations nns with <br />the Co rpnrate Trustee and terminate its obligatrons with respect to any Bonds in accordance with <br />Section 1.1.03i"aj hereof unless the Company shall ha =e delivered to "the Trustees an opinion of <br />independent counsel to the rffect that i i i the hotdcrs of such Bonds will not recognize income, <br />_i gain or loss for Federal income tax "purposes :u a result of such deposit and termination and tii't <br />such holders , and future holders of such Bond Fill be subriect to tax in the same manner as if " <br />such deposit and, termination had not occurred, <br />(it) The Corporate Trustee shall hold in trust money or U,S. Government Obligatioars <br />__ <br />deposited with it pursuant to section 11-Witac, hereof grad ap�riy <br />the deposited moinei° and the <br />. <br />Morey from C.S. (:Oyerrru€erii rligaturrts iii uxvrrrlarue with this hxleocure to the payment of <br />pnovipal of. and prermum if an., and interest on the Bonds of each series t irirluding, ,amounts, <br />payable in respect of any singing fund( in reWrf c ct j wluc•h the dept sit shall haae been nit€_ _ <br />T , <br />te, The Corporate Trustee shall promptls ow. " to tine C":ompam upon written reque -A arse - <br />exeess money or U.& Government OhImatious or other securities held by it at any -time; pro Tided . <br />that the C:trmpany deh ers With Web request a ecrusczte of a uationatty recognized firm Of <br />iii- pendent certified accountants on whkh the Corporate Trustee amy rely statism <br />that the.principal € €fond ntert A earned on t1w C° S 4 rrument 4bbrAinns or moneys -"3A ass <br />after the payment of s;urh excess to the C ompAv -A provide sufficient funds to satisfy the <br />Company''' oir gatians on the :.,ui h Witt. ,res'f,w<t to -hick such Moneys or US, Go�vemine€t <br />Obligations have been deposi ;t t. <br />tf) The Company zhA, VrAy o-A lull irtrf €unu6, that Teustea -s against ,arty tax;, fee or cthrr <br />charge imposed an or as. —' as apt po5i"t U,S. Go err€ment t atiptitiiss or the prow al <br />and interest reecrived errs such Us. co,'Mment t)�sfiiwnrar€rrs. <br />g s tf the Carpnratc Trustee is xir Abk— to Fpls au der t -y or US Goverruneut f ' <br />with respect to the Bonds of Anv ser" in a c xdar -ith t:w tiou this 11.03 be reasrin of airy legal <br />proceeding or by reason of any order or �ret i t any c net car govern mental autlmrit <br />enjoining, restraining or othem tits prohibiting such appliacatton- the Company's obligations under <br />this Indenture with respect to such Bonds and under wish Bonds "I he re_ rived .trod - einstated as <br />though no deposit had occurred pursuant to this Swrctrtur 11 t1 uaitil trch time as the C-.orp orate <br />Trustee is permitted to apply altsu h ftuyney or U.S. Covemotent Obligations in acvordante with <br />this Section I I;Oo, mwri&& fwwwt.er. that if the Company has made any payment of uiterc -t on or <br />b <br />
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