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

Applicability of Article; Company’s Option to Effect Defeasance. The Company may at its option by or pursuant to a Board Resolution, at any time, with respect to the Securities of a series, elect to have Section 1302 be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article Thirteen. SECTION 1302.

Appears in 2 contracts

Samples: Indenture Agreement (Anadarko Petroleum Corp), Indenture (Anadarko Petroleum Corp)

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Applicability of Article; Company’s Option to Effect Defeasance. The Company may at its option by or pursuant to a Board Resolution, at any time, with respect to the Securities of a series, elect to have either Section 1302 be 12.02 or Section 12.03 applied to the Outstanding Securities of such series Notes upon compliance with the conditions set forth below in this Article Thirteen. SECTION 1302Twelve.

Appears in 2 contracts

Samples: Indenture (Anixter International Inc), Indenture (Anixter International Inc)

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Applicability of Article; Company’s Option to Effect Defeasance. The Company may at its option by or pursuant to a Board Resolutionboard resolution, at any time, with respect to the Securities of a series, elect to have Section 1302 be applied to the Outstanding Securities of such series upon compliance with the conditions set forth below in this Article Thirteen. SECTION 1302.

Appears in 1 contract

Samples: Indenture (Anadarko Petroleum Corp)

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