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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIV. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 or Section 13.03 applied apply to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution Resolution, Officer’s Certificate or in another manner specified as contemplated by Section 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 13.02 15.02 or Section 13.03 15.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 15.02 or 13.0315.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the applicable conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 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 13.02 15.02 or Section 13.03 15.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 15.02 or 13.0315.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a one or more Board Resolution Resolutions, Officers’ Certificates, indentures supplemental hereto, or in another manner specified as contemplated by Section 3.01 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 Sections 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 for such SecuritiesArticle.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 13.02 12.2 or Section 13.03 12.3 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 12.2 or 13.0312.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV12. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 Sections 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a one or more Board Resolution Resolutions, Officer’s Certificates, indentures supplemental hereto, or in another manner specified as contemplated by Section 3.01 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 for such Securities. With respect to any series subject to conversion or exchange, the terms of any defeasance shall be specified pursuant to Section 3.01.

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

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 13.02 15.2 or Section 13.03 15.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 15.2 or 13.0315.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution Resolution, Officer’s Certificate or in another manner specified as contemplated by Section 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution Company Resolution, Officer’s Certificate or in another manner specified as contemplated by Section 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 13.02 14.02 or Section 13.03 14.03 applied to any Securities or any series of Securities, as the case may be, Securities designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 14.02 or 13.0314.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any 60 applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIV. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIV. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 for such Securities. SECTION 13.02.

Company’s Option to Effect Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced evidence by a Board Resolution or in another any other manner specified as contemplated by Section 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or Section 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 12.2 or Section 13.03 12.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 12.2 or 13.0312.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and in Article XIV. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The issuing Company may elect, at its option at any time, to have Section 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, not designated pursuant to Section 3.01 as being defeasible indefeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a Board Resolution or Officers’ Certificate or in another manner specified as contemplated by Section 3.01 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The issuing Company may elect, at its option at any time, to have Section 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, not designated pursuant to Section 3.01 as being defeasible indefeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIV13. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 15.2 or Section 13.03 15.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 15.2 or 13.03Section 15.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 3.01 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 13.02 12.02 or Section 13.03 12.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 12.02 or 13.0312.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced or authorized by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 11.02 or Section 13.03 11.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 Sections 11.02 or 13.0311.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, not designated pursuant to Section 3.01 3.1 as being defeasible indefeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 3.01 3.1 for such Securities.

Company’s Option to Effect Defeasance or Covenant Defeasance. The issuing Company may elect, at its option at any time, to have Section 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, not designated pursuant to Section 3.01 as being defeasible indefeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution or in another manner specified as contemplated by Section 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 13.02 or Section 13.03 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 as being defeasible pursuant to such Section 13.02 or 13.03, in accordance with any applicable requirements provided pursuant to Section 3.01 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by a Board Resolution delivered to the Trustee or in another manner specified as contemplated by Section 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 13.02 13.2 or Section 13.03 13.3 applied to any Securities or any series of Securities, as the case may be, designated pursuant to Section 3.01 3.1 as being defeasible pursuant to such Section 13.02 13.2 or 13.0313.3, in accordance with any applicable requirements provided pursuant to Section 3.01 3.1 and upon compliance with the conditions set forth below in this Article and Article XIVArticle. Any such election shall be evidenced by in or pursuant to a Board Resolution or in another manner specified as contemplated by Section 3.01 3.1 for such Securities.