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 in Article 4 or Section 5.1 established pursuant to Section 2.3 in any indenture supplemental hereto and clause (c) (with respect to any covenants in Article 4 or Section 5.1 established pursuant to Section 2.3 in any indenture supplemental hereto) and clause (f) of Section 6.1 shall be deemed not to be an Event of Default, and the provisions of Article 11 shall not apply with respect to the Securities of any series, if

Appears in 8 contracts

Samples: Indenture (Aes Corporation), Indenture (Aes Trust Ii), Indenture (Aes Trust V)

AutoNDA by SimpleDocs

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 in Article 4 or Section 5.1 established pursuant to clauses (s), (t) or (u) of Section 2.3 in any indenture supplemental hereto 2.03 and clause (c) (with respect to any covenants in Article 4 or Section 5.1 established pursuant to Section 2.3 in any indenture supplemental hereto2.03(s), (t) or (u)) and clause (f) of Section 6.1 6.01 shall be deemed not to be an Event of Default, and the provisions of Article 11 shall not apply Default with respect to the Securities of any series, ifseries (“Covenant Defeasance”); provided that the conditions in Section 8.08 below shall have been satisfied.

Appears in 2 contracts

Samples: Tapestry, Inc., 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 in Article 4 or Section 5.1 5.01 established pursuant to Section 2.3 2.03 in any indenture supplemental hereto and clause (c) (with respect to any covenants in Article 4 or Section 5.1 5.01 established pursuant to Section 2.3 2.03 in any indenture supplemental hereto) and clause (f) of Section 6.1 6.01 shall be deemed not to be an Event of Default, and the provisions of Article 11 shall not apply with respect to the Securities of any series, if

Appears in 2 contracts

Samples: Indenture (Choice One Communications Inc), Choice One Communications Inc

AutoNDA by SimpleDocs

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 in Article 4 or Section 5.1 or established pursuant to Section 2.3 in any indenture supplemental hereto and clause (c) (with respect to any covenants in Article 4 or Section 5.1 established pursuant to Section 2.3 in any indenture supplemental hereto) and clause (f) of Section 6.1 shall be deemed not to be an Event of Default, and the provisions of Article 11 shall not apply with respect to the Securities of any series, if

Appears in 1 contract

Samples: Aes Corporation

Time is Money Join Law Insider Premium to draft better contracts faster.