Common use of Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance Clause in Contracts

Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless pursuant to Section 3.01 provision is made for the inapplicability of either or both of (a) defeasance of the Securities of a series under Section 13.02 or (b) covenant defeasance of the Securities of a series under Section 13.03, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 13.02 (unless inapplicable) or

Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless If pursuant to Section 3.01 3.1 provision is made for the inapplicability of either or both of (a) defeasance of the Securities of a series under Section 13.02 14.2 or (b) covenant defeasance of the Securities of a series under Section 13.0314.3, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this ArticleArticle XIV, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 13.02 14.2 (unless inapplicableif applicable) oror Section 14.3 (if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article XIV.

Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless If pursuant to Section 3.01 301 provision is made for the inapplicability of either or both of (a) defeasance of the Securities of a series under Section 13.02 1302 or (b) covenant defeasance of the Securities of a series under Section 13.031303, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this ArticleArticle Thirteen, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 13.02 1302 (unless inapplicableif applicable) oror Section 1303 (if applicable) be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article Thirteen.

Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless pursuant to Section 3.01 provision is made for the inapplicability of either or both of (a) defeasance Defeasance of the Securities of a series under Section 13.02 or (b) covenant defeasance Covenant Defeasance of the Securities of a series under Section 13.03, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 13.02 (unless inapplicable) oror Section 13.03 (unless inapplicable) be applied to the Outstanding Securities of such series upon compliance with the applicable conditions set forth below in this Article.

Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless pursuant to as otherwise specified as contemplated by Section 3.01 for Securities of such series, provision is made for the inapplicability of of, in whole or in part, or any modification to, either or both of (a) defeasance of the Securities of a series under Section 13.02 or (b) covenant defeasance of the Securities of a series under Section 13.03, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article, shall be applicable to the Securities of such series, series and the Company may at its option by Board Resolution, at any time, with respect to the Securities of such series, series elect to have either Section 13.02 (unless inapplicable) oror Section 13.03 (unless inapplicable) be applied to the Outstanding

Applicability of Article; Company’s Option to Effect Defeasance or Covenant Defeasance. Unless pursuant to Section 3.01 provision is made for the inapplicability of either or both of (a) defeasance of the Securities of a series under Section 13.02 or (b) covenant defeasance of the Securities of a series under Section 13.03, then the provisions of such Section or Sections, as the case may be, together with the other provisions of this Article, shall be applicable to the Securities of such series, and the Company may at its option by Board Resolution, at any time, with respect to the Securities of such series, elect to have either Section 13.02 (unless inapplicable) oror Section 13.03 (unless inapplicable) be applied to the Outstanding Securities of such series upon compliance with the applicable conditions set forth below in this Article.