Common use of Defeasance of Certain Obligations Clause in Contracts

Defeasance of Certain Obligations. If this section is specified to be applicable to Securities of any series, the Company may omit to comply with any term, provision or condition set forth in the sections of this Indenture or such Security with respect to the Securities of that series ("Covenant Defeasance") if:

Appears in 7 contracts

Samples: Arch Capital Group LTD, Xl Capital LTD, Xl Capital LTD

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Defeasance of Certain Obligations. If this section Section 4.04 is specified to be applicable to Securities of any series, the Company may omit to comply with any term, provision or condition set forth in the sections of this Indenture or such Security with respect to the Securities of that series ("Covenant DefeasanceCOVENANT DEFEASANCE") if:

Appears in 2 contracts

Samples: Xl Capital LTD, Xl Capital LTD

Defeasance of Certain Obligations. If this section is specified to be applicable to Securities of any series, the Company may omit to comply with (or elect to have the obligations of the Guarantor released with respect to) any term, provision or condition set forth in the sections of this Indenture or such Security specified with respect to the Securities of that series ("Covenant Defeasance") if:

Appears in 2 contracts

Samples: Xl Capital LTD, Xl Capital LTD

Defeasance of Certain Obligations. If this section is specified to be applicable to Securities of any series, the Company may omit to comply with any term, provision or condition set forth in the sections of this Indenture or such Security with respect to the Securities of that series ("Covenant Defeasance") if:

Appears in 1 contract

Samples: Delphi Financial Group Inc/De

Defeasance of Certain Obligations. If this section is specified to be applicable to Securities of any series as set forth in an indenture supplemental hereto or Board Resolution with respect to such series, the Company may omit to comply with any term, provision or condition set forth in the sections of this Indenture or such Security with respect to the Securities of that series ("Covenant DefeasanceCOVENANT DEFEASANCE") if:

Appears in 1 contract

Samples: Allied World Assurance Co Holdings LTD

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Defeasance of Certain Obligations. If this section is specified to be applicable to Securities of any series, the Company may omit to comply with any term, provision or condition set forth in the sections of this Indenture or such Security with respect to the Securities of that series ("Covenant Defeasance") if:

Appears in 1 contract

Samples: Indenture (360networks Inc)

Defeasance of Certain Obligations. If this section is specified to be applicable to Securities of any series as set forth in an indenture supplemental hereto or Board Resolution with respect to such series, the Company may omit to comply with any term, provision or condition set forth in the sections of this Indenture or such Security with respect to the Securities of that series ("Covenant Defeasance") if:

Appears in 1 contract

Samples: Indenture (Arch Capital Group LTD)

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