Issuer’s Option to Effect Defeasance or Covenant Defeasance. Except as otherwise specified as contemplated by Section 2.3 for Securities of any series, the provisions of this Article Twelve shall apply to each series of Securities, and the Issuer may, at its option, effect defeasance of the Securities of or within a series under Section 12.2, or covenant defeasance of or within a series under Section 12.3 in accordance with the terms of such Securities and in accordance with this Article.
Appears in 2 contracts
Samples: Indenture (Becton Dickinson & Co), Indenture (Cardinal Health Inc)
Issuer’s Option to Effect Defeasance or Covenant Defeasance. Except as otherwise specified as contemplated by Section 2.3 301 for Securities of any series, the provisions of this Article Twelve Fourteen shall apply to each series of Securities, and the Issuer may, at its option, effect defeasance of the Securities of or within a series under Section 12.21402, or covenant defeasance of or within a series under Section 12.3 1403 in accordance with the terms of such Securities and in accordance with this Article.
Appears in 2 contracts
Samples: Indenture (Boston Scientific Corp), Indenture Agreement (American Medical Systems Europe B.V.)
Issuer’s Option to Effect Defeasance or Covenant Defeasance. Except as otherwise specified as contemplated by Section 2.3 3.01 for Securities of any series, the provisions of this Article Twelve shall apply to each series of Securities, and the Issuer may, at its option, effect defeasance of the Securities of or within a series under Section 12.214.02, or covenant defeasance of or within a series under Section 12.3 14.03 shall be made, at the Issuer’s option by Board Resolution at any time, in accordance with the terms of such Securities and in accordance with this Article.
Appears in 1 contract
Issuer’s Option to Effect Defeasance or Covenant Defeasance. Except as otherwise specified as contemplated by Section 2.3 301 for Securities of any series, the provisions of this Article Twelve 14 shall apply to each series of Securities, and the Issuer may, at its option, effect defeasance of the Securities of or within a series under Section 12.21402, or covenant defeasance of or within a series under Section 12.3 1403 in accordance with the terms of such Securities and in accordance with this Article.
Appears in 1 contract
Issuer’s Option to Effect Defeasance or Covenant Defeasance. Except as otherwise specified as contemplated by Section 2.3 3.01 for Securities of any series, the provisions of this Article Twelve shall apply to each series of Securities, and the Issuer may, at its option, effect defeasance of the Securities of or within a series under Section 12.214.02, or covenant defeasance of or within a series under Section 12.3 14.03 shall be made in accordance with the terms of such Securities and in accordance with this Article.
Appears in 1 contract
Samples: Execution Version (Eaton Corp PLC)
Issuer’s Option to Effect Defeasance or Covenant Defeasance. Except as otherwise specified as contemplated by Section 2.3 301 for Securities of any series, the provisions of this Article Twelve shall apply to each series of Securities, and the Issuer may, at its option, effect defeasance of the Securities of or within a series under Section 12.21402, or covenant defeasance of or within a series under Section 12.3 1403 shall be made in accordance with the terms of such Securities and in accordance with this Article.
Appears in 1 contract
Samples: Indenture Agreement (Cooper Offshore Holdings S.a.r.l.)
