DEFEASANCE OR COVENANT DEFEASANCE Sample Clauses

DEFEASANCE OR COVENANT DEFEASANCE. Section 4.01. The Company's Option To Effect Defeasance or Covenant Defeasance.....................................................71
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DEFEASANCE OR COVENANT DEFEASANCE. (a) Subject to the satisfaction of the conditions in Section 8.02(c) hereof, the Company may, at its option by Board Resolution, at any time, with respect to the Notes, elect to have the obligations of the Company discharged with respect to the outstanding Notes ("defeasance"). Upon such defeasance, the Company shall be deemed to have paid and discharged the entire indebtedness represented by the outstanding Notes, which shall thereafter be deemed to be "outstanding" only for the purposes of Section 8.04 hereof and the other Sections of and matters under this Indenture referred to in (i) and (ii) below, and to have satisfied all its other obligations under such Notes and this Indenture, except for the following, which shall survive until otherwise terminated or discharged hereunder: (i) the rights of Holders of Notes to receive solely from the trust fund described in Section 8.02(c) and as more fully set forth in such Section, payments in respect of the principal of, premium, if any, and interest on such Notes when such payments are due, (ii) the Company's obligations under Sections 2.03, 2.05, 2.06, 2.07, 2.10 and 4.02, (iii) the rights, powers, trusts, duties and immunities of the Trustee hereunder, including, without limitation, the Trustee's rights under Section 7.07, and (iv) this Article Eight. Subject to compliance with this Article Eight, the Company may exercise its option under this Section 8.02(a) notwithstanding the prior exercise of its option under Section 8.02(b) with respect to the Notes.
DEFEASANCE OR COVENANT DEFEASANCE. SECTION 4.01. Company's Option to Effect Defeasance or Covenant Defeasance....................................................................31 SECTION 4.02. Defeasance and Discharge......................................................32 SECTION 4.03. Covenant Defeasance...........................................................32 SECTION 4.04. Conditions to Defeasance or Covenant Defeasance...............................33 SECTION 4.05.
DEFEASANCE OR COVENANT DEFEASANCE. Section 12.01. The Issuers' Option To Effect Defeasance or Covenant Defeasance.............................. 82 Section 12.02. Defeasance and Discharge..................................................................... 82 Section 12.03.
DEFEASANCE OR COVENANT DEFEASANCE. Section 1201. The Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may, at its option, at any time, elect to have terminated the obligations of the Company with respect to Outstanding Notes and to have terminated all of the obligations of the Subsidiary Guarantors with respect to the Subsidiary Guarantees, in each case, as set forth in this Article XII, and elect to have either Section 1202 or 1203 be applied to all of the Outstanding Notes (the “Defeased Notes”), upon compliance with the conditions set forth below in Section 1204. Either Section 1202 or Section 1203 may be applied to the Defeased Notes to any Redemption Date or the Stated Maturity of the Notes.
DEFEASANCE OR COVENANT DEFEASANCE. Section 4.01. Company's Option To Effect Defeasance or Covenant Defeasance. . . . . . . . . . . . . . . . . . . . . .37 Section 4.02. Defeasance and Discharge. . . . . . . . . . . . . . .37 Section 4.03.
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DEFEASANCE OR COVENANT DEFEASANCE. Section 1201. The Company's Option to Elect Defeasance or Covenant Defeasance......................................... 108 Section 1202. Defeasance and Discharge................................ 108 Section 1203. Covenant Defeasance..................................... 109 Section 1204. Conditions to Defeasance or Covenant Defeasance......... 109
DEFEASANCE OR COVENANT DEFEASANCE. Section 4.01. Company's Option To Effect Defeasance or Covenant Defeasance. 32 Section 4.02. Defeasance and Discharge. 33 Section 4.03. Covenant Defeasance. 33 Section 4.04. Conditions to Defeasance or Covenant Defeasance. 33 Section 4.05.
DEFEASANCE OR COVENANT DEFEASANCE. Section 1201. The Company's Option to Elect Defeasance or Covenant Defeasance. The Company may, at its option, at any time, elect to have terminated the obligations of the Company with respect to the Outstanding Notes and to have terminated the obligations of any or all Note Guarantors with respect to the Note Guarantees, in each case as set forth in this Article 12, and elect to have either Section 1202 or Section 1203 be applied to all of the Outstanding Notes (the "Defeased Notes"), upon compliance with the conditions set forth in Section 1204. Either Section 1202 or Section 1203 may be applied to the Defeased Notes to any Redemption Date or the Stated Maturity of the Notes.
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