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83000621
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Last modified
11/18/2008 12:54:50 AM
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11/18/2008 12:53:48 AM
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DEEDS
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83000621
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~~ <br />ARTICLE VIII 83.... ~~E~b~.-) <br />DISCHARGE OF LIEN <br />If Issuer shall pay or cause to be paid, or there shall <br />be otherwise paid or provisions for payment made, to or for <br />the holders and owners of the Bonds the principal of and <br />premium, if any, and interest due or to become due thereon at <br />the times and in the manner stipulated therein, and if Issuer <br />shall not then be in Default in any of the other covenants <br />and promises in the Bonds and in this Indenture expressed as <br />to be kept, performed and observed by it or on its part, and <br />shall pay or cause to be paid to Trustee and any Paying <br />Agents ail sums of money due or to become due according to <br />the provisions hereof, then these presents and the estate and <br />rights hereby granted shall cease, determine and be void, <br />whereupon Trustee shall release and discharge this Indenture <br />and shall cancel and discharge the lien of this Indenture, <br />and release, assign and deliver unto Issuer any and all of <br />the estate, right, title and interest in and to any and ail <br />rights or interests in property assigned to Trustee or other- <br />wise subject to the lien of this Indenture, except amounts in <br />the Band Fund required to be paid to Company under Section <br />5.11 hereof and except moneys or securities held by Trustee <br />for the payment of the principal of and premium, if any, and <br />interest on the Bonds; provided, however, that this Indenture <br />shall not cease, determine, nor be void, nor shall the lien <br />hereof be cancelled or discharged, with respect to any right <br />to premium payable as a result of any Determination of Taxa- <br />bility occurring after the final payment date on any Series <br />1983 Bond but prior to the stated maturity of the last Series <br />1983 Bond to mature. <br />Any Bond shall be deemed to be paid within the meaning <br />of this Article and for all purposes of this Indenture when <br />(a) payment of the principal of and the applicable redemption <br />premium, if any, on such Bond, plus interest thereon to the <br />due date thereof (whether such due date be by reason of <br />maturity or upon redemption as provided in this indenture, or <br />otherwise), eitiner (i) shall have been made or caused to be <br />made in accordance with the terms thereof, or (ii) shall have <br />been provided by irrevocably depositing with Trustee, in <br />trust, and Trustee shall have irrevocably set aside exclu- <br />sively for such payment, (1) moneys sufficient to make such <br />payment and/or (2) Governmental Obligations, maturing as to <br />principal and interest in such amount and at such times as <br />will insure the availability of sufficient moneys to make <br />such. payment, and (b) all necessary and proper fees, compen- <br />sation and expenses of Trustee and any paying agents pertain- <br />ing to the Bonds with respect to which such deposit is made <br />_Z~_ <br /> <br /> <br />
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