Issuer’s Option to Effect Defeasance or Covenant Defeasance. The Issuer may elect, at its option at any time, to effect defeasance of any Securities or any Series of Securities in accordance with any applicable requirements provided pursuant to Section 3.1 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolution.
Appears in 5 contracts
Samples: Indenture (Brookfield Renewable Partners L.P.), Brookfield BRP (Brookfield Renewable Corp), Indenture (BRP Bermuda Holdings I LTD)
Issuer’s Option to Effect Defeasance or Covenant Defeasance. The Issuer may elect, at its option at any time, to effect defeasance of have Section 1302 or Section 1303 applied to any Securities or any Series of Securities in accordance with any applicable requirements provided pursuant to Section 3.1 and upon compliance with the conditions set forth below in this Article. Any such election shall be evidenced by a Board Resolutionan Issuer Order or in another manner specified as contemplated by Section 301 for such Securities.
Appears in 1 contract
Samples: Neches River Holding Corp
