Company’s Option to Effect Legal Defeasance or Covenant Defeasance. The Company may elect, at its option at any time, to have Section 12.02 or Section 12.03 applied to the Outstanding Securities (as a whole and not in part) upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution.
Appears in 4 contracts
Samples: Senior Secured Indenture (United Rentals Highway Technologies Gulf, LLC), Senior Subordinated Indenture (United Rentals Realty, LLC), Senior Indenture (United Rentals Realty, LLC)
