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

Company’s Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option, at any time, with respect to the Securities, elect to have either Section 902 or Section 903 be applied to all Outstanding Securities upon compliance with the conditions set forth in this Article Nine.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Hanover Compression Lp), First Supplemental Indenture (Hanover Compressor Co /)

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Company’s Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its optionoption by Board Resolution, at any time, with respect to the Securities, elect to have either Section 902 1202 or Section 903 1203 be applied to all Outstanding Securities upon compliance with the conditions set forth below in this Article NineTwelve.

Appears in 1 contract

Samples: Indenture (Applied Extrusion Technologies Inc /De)

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Company’s Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option, at any time, with respect to the Securities, elect to have either Section 902 1102 or Section 903 1103 be applied to all Outstanding Securities upon compliance with the conditions set forth in this Article NineEleven.

Appears in 1 contract

Samples: Second Supplemental Indenture (Hanover Compressor Co /)

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