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

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 13031503, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.02 or Section 1303 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 3.01 as being defeasible pursuant to such Section 1302 13.02 or 130313.03, in accordance with any applicable requirements provided pursuant to Section 301 3.01 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.01 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.2 or Section 1303 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 13.2 or 130313.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this ArticleArticle 13. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.02 or Section 1303 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 2.01 as being defeasible pursuant to such Section 1302 Sections 13.02 or 130313.03, in accordance with any applicable requirements provided pursuant to Section 301 2.01 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 2.01 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.2 or Section 1303 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 13.2 or 130313.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 1303Section 1503, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.2 or Section 1303 13.3 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 13.2 or 130313.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The If applicable to a particular series of Securities, the Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any such series of Securities or any series Securities of Securitiessuch series, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any Securities or any series of Securities, as the case may be, (unless designated pursuant to Section 301 as not being defeasible pursuant to such Section 1302 1402 or 13031403), in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any Securities or any series of Securities, as the case may be, (unless designated pursuant to Section 301 as not being defeasible pursuant to such Section 1302 1402 or 13031403), in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this ArticleArticle Fourteen. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1402 or 13031403, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The If applicable to a particular series of Securities, the Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any such series of Securities or any series Securities of Securitiessuch series, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1402 or 13031403, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 12.2 or Section 1303 12.3 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 12.2 or 130312.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 11.02 or Section 1303 11.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 2.02 as being defeasible pursuant to such Section 1302 11.02 or 130311.03, in accordance with any applicable requirements provided pursuant to Section 301 2.02 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 2.02 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, not designated pursuant to Section 301 as being defeasible indefeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 12.3 or Section 1303 12.4 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 12.3 or 1303Section 12.4, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be (unless such Securities or any series of Securities, as the case may be, are designated pursuant to Section 301 as not being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and 301), upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The If applicable to a particular series of Securities, the Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this ArticleArticle Thirteen. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.2 or Section 1303 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 13.2 or 130313.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this ArticleArticle XIII. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 13031503, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.. 77

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1102 or Section 1303 1103 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1102 or 13031103, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or and Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or Section 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election to have or not to have Section 1302 and Section 1303 apply, as the case may be, shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 14.02 or Section 1303 14.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 2.02 as being defeasible pursuant to such Section 1302 14.02 or 130314.03, in accordance with any applicable requirements provided pursuant to Section 301 2.02 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 2.02 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option option, at any time, elect to have either Section 1302 1602 (if applicable) or Section 1303 1603 (if applicable) be applied with respect to any the Securities or of any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible defeasable pursuant to such Section 1302 1602 or 1303, in accordance with any applicable requirements provided pursuant 1603 to Section 301 and the Outstanding Securities of such series upon compliance with the conditions set forth below in this ArticleArticle Sixteen. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities301.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1402 or 13031403, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this ArticleArticle Fourteen. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, (unless designated pursuant to Section 301 as not being defeasible pursuant to such Section 1302 or 1303), in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this ArticleArticle Thirteen. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option option, at any timetime to have, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 13031503, in accordance with any applicable requirements provided pursuant to Section 301 and and, upon compliance with the conditions set forth below in this ArticleArticle Fifteen (the “Defeased Securities”) . Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.shall

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 13031503, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as 62 72 contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1402 or 13031403, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.. -109-

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 12.2 or Section 1303 12.3 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 12.2 or 130312.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions set forth below in this ArticleSection. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this ArticleArticle Thirteen. Any such election shall be evidenced by a Board Resolution or a Company Order or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 13031503, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1502 or Section 1303 1503 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1502 or 13031503, in accordance with any 76 applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1402 or Section 1303 1403 applied to any Securities or any series of Securities, as the case may be, be (unless designated pursuant to Section 301 as not being defeasible pursuant to such Section 1302 1402 or 13031403), in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such SecuritiesResolution.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 13.2 or Section 1303 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 3.1 as being defeasible pursuant to such Section 1302 13.2 or 130313.3, in accordance with any applicable requirements provided pursuant to Section 301 3.1 and upon compliance with the conditions -61- set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 or Section 1303 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 or 1303, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.any

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 1302 1202 or Section 1303 1203 applied to any Securities or securities of any series of Securities, as the case may be, designated pursuant to Section 301 as being defeasible pursuant to such Section 1302 1202 or 13031203, in accordance with any applicable requirements provided pursuant to Section 301 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 301 for such Securities.