Common use of Covenant Suspension Clause in Contracts

Covenant Suspension. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default or Event of Default has occurred and is continuing under this Indenture then, beginning on that day (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”) and continuing until the occurrence of the Reversion Date, if any, the Company and its Restricted Subsidiaries will not be subject to the following sections of this Indenture: Section 4.07;

Covenant Suspension. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this the Indenture then, beginning on that day (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “"Covenant Suspension Event”) and continuing until the occurrence of the Reversion Date, if any"), the Company and its Restricted Subsidiaries will not be subject to the following sections provisions of this Indenture: : (1) Section 4.07;4.09 (2) Section 4.10 (3) Section 4.12

Covenant Suspension. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default or Event of Default has occurred and is continuing under this Indenture then, beginning on that day (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”) and continuing until the occurrence of the Reversion Date, if any), the Company and its Restricted Subsidiaries will not be subject to the following sections of this Indenture: Section 4.07;: