Defeasance upon Deposit of Moneys or Government Obligations. At the Issuer’s option, either (a) the Issuer shall be deemed to have been Discharged (as defined below) from its obligations with respect to any series of Securities on the 91st day after the applicable conditions set forth below have been satisfied or (b) the Issuer shall cease to be under any obligation to comply with any term, provision or condition of any series of Securities specified in the terms of such series of Securities pursuant to Section 2.03 hereto as being subject to defeasance in accordance with this Section 9.03(b), and non-compliance with any such term, provision or condition shall not give rise to any Event of Default due to a breach of covenant with respect to such series of Securities at any time after the applicable conditions set forth below have been satisfied:
Appears in 4 contracts
Samples: Indenture (Nokia Corp), Indenture (Nokia Corp), Nokia Corp
