Common use of Legal Defeasance and Covenant Defeasance Clause in Contracts

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Indenture and the Notes except for certain provisions thereof (“Legal Defeasance”), and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 21 contracts

Samples: Indenture (Fresenius Medical Care AG & Co. KGaA), Indenture (Fresenius Medical Care AG & Co. KGaA), Indenture (Fresenius Medical Care AG & Co. KGaA)

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Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations Obligations under the Indenture and the Notes Securities except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations Obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)and the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 14 contracts

Samples: Indenture (Light & Wonder, Inc.), Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Securities and under the Indenture and with respect to the Notes Securities except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Securities and in the Indenture (“Covenant Defeasance”)with respect to the Securities, in each case upon satisfaction of certain conditions specified in the IndentureIndenture or any supplement thereto.

Appears in 12 contracts

Samples: Security Agreement (Bottomline Technologies Inc /De/), Exhibit (Bottomline Technologies Inc /De/), Exhibit (Ps Business Parks Inc/Ca)

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Securities and under the Indenture and with respect to the Notes Securities except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Securities and in the Indenture (“Covenant Defeasance”)with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 9 contracts

Samples: Indenture (Loop Media, Inc.), Indenture (Formfactor Inc), Security Transfer Agreement (Idex Corp /De/)

Legal Defeasance and Covenant Defeasance. The Issuer and the Guarantors may be discharged from its their obligations under the Indenture and the Notes except for certain provisions thereof (“Legal Defeasance”), and may be discharged from its their obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 7 contracts

Samples: Indenture (Central European Distribution Corp), Indenture (Central European Distribution Corp), Indenture (Latchey LTD)

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Indenture and the Notes except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)Indenture, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 4 contracts

Samples: Indenture (Smurfit Westrock PLC), Indenture (Smurfit WestRock PLC), Indenture (Smurfit WestRock PLC)

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Indenture and the Notes except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)and the Notes, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 4 contracts

Samples: Indenture (Dana Inc), Indenture (Dana Inc), Indenture (Dana Inc)

Legal Defeasance and Covenant Defeasance. The Issuer Issuers may be discharged from its their obligations under the Indenture and the Notes Securities, except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)and the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 3 contracts

Samples: Indenture (Graham Packaging Holdings Co), Indenture (Crescent Finance Co), Indenture (Graham Packaging Holdings Co)

Legal Defeasance and Covenant Defeasance. The Issuer Issuers may be discharged from its their obligations under the Indenture and the Notes Notes, except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)and the Notes, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 3 contracts

Samples: Indenture (GPPW Inc), Senior Subordinated Note (GPPW Inc), Note Agreement (GPPW Inc)

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Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Indenture and the Notes except for certain provisions thereof (“Legal Defeasance”), ) and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 2 contracts

Samples: Indenture (Delhaize Group), Indenture (Delhaize Group)

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations Obligations under the Indenture and the Notes Securities except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations Obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)and the Securities, in each case upon satisfaction of certain conditions specified in Article 8 of the Indenture.

Appears in 1 contract

Samples: Indenture (Revlon Inc /De/)

Legal Defeasance and Covenant Defeasance. The Issuer may be discharged from its obligations under the Indenture and the Notes of any series except for certain provisions thereof (“Legal Defeasance”)thereof, and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”)Indenture, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Samples: Indenture (Smurfit WestRock PLC)

Legal Defeasance and Covenant Defeasance. [The Issuer may be discharged from its obligations under the Indenture and the Notes Securities except for certain provisions thereof (“Legal Defeasance”), ) and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture.] [To be deleted if not applicable]

Appears in 1 contract

Samples: Indenture (Delhaize Group)

Legal Defeasance and Covenant Defeasance. [The Issuer may be discharged from its obligations under the Indenture and the Notes Securities except for certain provisions thereof (“Legal Defeasance”), ) and may be discharged from its obligations to comply with certain covenants contained in the Indenture (“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture.Indenture.][To be deleted if not applicable]

Appears in 1 contract

Samples: Indenture (Shop 'N Save-Mass, Inc.)

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