Common use of Defeasance of This Article XIV Clause in Contracts

Defeasance of This Article XIV. The subordination of the Securities provided by this Article XIV is expressly made subject to the provisions for defeasance or covenant defeasance in Article XIII hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such defeasance or covenant defeasance, the Securities then outstanding shall thereupon cease to be subordinated pursuant to this Article XIV.

Defeasance of This Article XIV. The subordination of the Securities and the Guarantees provided by this Article XIV is expressly made subject to the provisions for defeasance or covenant defeasance in Article XIII XII hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such defeasance or covenant defeasance, the Securities and the Guarantees then outstanding shall thereupon cease to be subordinated pursuant to this Article XIV.

Defeasance of This Article XIV. The subordination of the Securities Subsidiary Guarantees provided by this Article XIV is expressly made subject to the provisions for defeasance Defeasance or covenant defeasance Covenant Defeasance of a series of Securities in Article XIII XV hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such defeasance Defeasance or covenant defeasanceCovenant Defeasance with respect to a series of Securities, the Subsidiary Guarantees of the Securities then outstanding of such series shall thereupon cease to be subordinated pursuant to this Article XIV.

Defeasance of This Article XIV. The subordination of the Debt Securities provided by this Article XIV is expressly made subject to the provisions for defeasance or covenant defeasance in Article XIII hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such defeasance or covenant defeasance, the Debt Securities then outstanding shall thereupon cease to be subordinated pursuant to this Article XIVArticle.

Defeasance of This Article XIV. The subordination of the Securities provided by this Article XIV is expressly made subject to the provisions for defeasance or covenant defeasance in Article XIII Four hereof and, anything herein to the contrary notwithstanding, upon the effectiveness of any such defeasance or covenant defeasance, the Securities then outstanding shall thereupon cease to be subordinated pursuant to this Article XIV.