Common use of Defeasance of Certain Obligations Clause in Contracts

Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to Section 2.03(t) and clause (c) (with respect to any covenants established pursuant to Section 2.03(s)) and clause (g) of Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 2 contracts

Samples: Indenture (Tapestry, Inc.), Indenture (Tapestry, Inc.)

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Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to clauses (s), (t) or (u) of Section 2.03(t) 2.03 and clause (c) (with respect to any covenants established pursuant to Section 2.03(s), (t) or (u)) and clause (gf) of Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 2 contracts

Samples: Indenture (Tapestry, Inc.), Indenture (Tapestry, Inc.)

Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to clauses (s), (t) or (u) of Section 2.03(t) and 2.03, clause (c) of Section 6.01 (with respect to any covenants established pursuant to clauses (s), (t) or (u) of Section 2.03(s)2.03) and clause (gf) of Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 2 contracts

Samples: Indenture (Tapestry, Inc.), Indenture (Tapestry, Inc.)

Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to Section ‎Section 2.03(t) and clause (c) (with respect to any covenants established pursuant to Section ‎Section 2.03(s)) and clause (g‎(g) of Section ‎Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 1 contract

Samples: Indenture (Coach Inc)

Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to clauses (s) or (t) ‎of Section 2.03(t) 2.03, and clause clauses (c) (with respect to any covenants established pursuant to Section ‎Section 2.03(s) or (t)) and clause (g‎(f) of Section ‎Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 1 contract

Samples: Indenture (Coach Inc)

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Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to clauses (q) or (r) of Section 2.03(t) 2.03, and clause clauses (c) (with respect to any covenants established pursuant to Section 2.03(s2.03(q) or (r)) and clause (gf) of Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 1 contract

Samples: Indenture (Clover Health Investments, Corp. /De)

Defeasance of Certain Obligations. The Company may omit to comply with any term, provision or condition set forth in, and this Indenture will no longer be in effect with respect to, any covenant established pursuant to Section 2.03(t2.03(s) and clause (c) and clause (f) (with respect to any covenants established pursuant to Section 2.03(s)) and clause (g) of Section 6.01 shall be deemed not to be an Event of Default with respect to Securities of any series (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.to

Appears in 1 contract

Samples: Subordinated Indenture (Auris Medical Holding AG)

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