Common use of Conditions of Defeasance Clause in Contracts

Conditions of Defeasance. The Partnership may exercise its legal defeasance option or its covenant defeasance option with respect to Debt Securities of a particular series only if:

Appears in 48 contracts

Samples: Indenture (Energy Transfer LP), Indenture (Energy Transfer Partners, L.P.), Energy Transfer LP

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Conditions of Defeasance. The Partnership may exercise its legal defeasance option Legal Defeasance Option or its covenant defeasance option Covenant Defeasance Option with respect to Debt Securities of a particular series only if:

Appears in 4 contracts

Samples: Indenture (MPLX Lp), Senior Indenture (MPLX Lp), Indenture (MPLX Lp)

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