Common use of Legal Defeasance and Covenant Defeasance Clause in Contracts

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02(b) or (c) be applied to the Notes upon compliance with the conditions set forth in Section 8.03.

Appears in 12 contracts

Samples: Indenture (Starwood Property Trust, Inc.), Indenture (Rithm Capital Corp.), Indenture (Starwood Property Trust, Inc.)

AutoNDA by SimpleDocs

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and by the resolution of its Board of Directors, at any time, elect to have either Section 8.02(bparagraph (b) or (c) of this Section 8.1 be applied to the all Outstanding Notes upon compliance with the conditions set forth in Section 8.038.2.

Appears in 7 contracts

Samples: Indenture (Mexican Cellular Holding, Inc.), Indenture (Iusacell S a De C V), Indenture (Mexican Cellular Investments Inc)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and at any time, with respect to the Notes, elect to have either Section 8.02(b8.01(b) or (cSection 8.01(c) be applied to the outstanding Notes upon compliance with the conditions set forth in Section 8.038.01(d).

Appears in 7 contracts

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

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(b8.1(b) or (c) be applied to the all Outstanding Notes upon compliance with the conditions set forth in Section 8.038.2.

Appears in 6 contracts

Samples: Indenture (Stagwell Inc), Indenture (MDC Partners Inc), Indenture (MDC Partners Inc)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(bparagraph (b) or (c) of this Section 8.1 be applied to the all Outstanding Notes upon compliance with the conditions set forth in Section 8.038.2.

Appears in 6 contracts

Samples: Southwestern Energy Co, Southwestern Energy Co, Indenture (Constar International Inc)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(bparagraph (b) or (c) be of this Section 8.1 applied to the all Outstanding Notes upon compliance with the conditions set forth in Section 8.038.2.

Appears in 5 contracts

Samples: Alliance One International, Inc., Alliance One International, Inc., Alliance One International, Inc.

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(bparagraph (b) or (c) of this Section 8.1 be applied to its obligations with respect to all outstanding Notes and all obligations of the Notes Subsidiary Guarantors under the Note Guarantees upon compliance with the conditions set forth in Section 8.038.2.

Appears in 4 contracts

Samples: Indenture (Homex Development Corp.), Indenture (Homex Development Corp.), sec.report

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(b) or (c) be applied to the Notes upon compliance with the conditions set forth in Section 8.038.2, elect to have either Section 8.1(b) or Section 8.1(c) be applied to its obligations with respect to all Outstanding Notes and all obligations of the Subsidiary Guarantors under the Subsidiary Guarantees.

Appears in 3 contracts

Samples: Indenture (Arcos Dorados Holdings Inc.), Indenture (Arcos Dorados Holdings Inc.), Indenture (Arcos Dorados Holdings Inc.)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(b) or (c) be applied to the Notes upon compliance with the conditions set forth in Section 8.038.2, elect to have either Section 8.1(b) or Section 8.1(c) be applied to its obligations with respect to all Outstanding Notes.

Appears in 3 contracts

Samples: Indenture (Grupo Financiero Galicia Sa), Indenture (VM Holding S.A.), Grupo Financiero Galicia Sa

Legal Defeasance and Covenant Defeasance. (a) The Company maymay at any time, at its option and at any timeoption, elect to have either Section 8.02(b) 8.02 or (c) 8.03 hereof be applied to the all outstanding Notes upon compliance with the conditions set forth below in Section 8.03this Article 8.

Appears in 2 contracts

Samples: Indenture (Teleflex Inc), Indenture (Teleflex Inc)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(b7.1(b) or (c) be applied to the all Outstanding Notes upon compliance with the conditions set forth in Section 8.037.2.

Appears in 2 contracts

Samples: Visteon Corp, Financing Agreement (JLG Industries Inc)

AutoNDA by SimpleDocs

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and by the resolution of its Board of Directors, at any time, elect to have either Section 8.02(bparagraph (b) or (c) or of this Section 8.1 be applied to the all Outstanding Notes upon compliance with the conditions set forth in Section 8.038.2.

Appears in 1 contract

Samples: Indenture (Grupo Iusacell Sa De Cv)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and by Board Resolution, at any time, with respect to the Notes, elect to have either Section 8.02(b) or (cSection 8.02(c) below be applied to the outstanding Notes and Guarantees upon compliance with the conditions set forth in Section 8.038.02(d) below.

Appears in 1 contract

Samples: New Cf&i Inc

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(b) or (c) be applied to the Notes upon compliance with the conditions set forth in Section 8.038.2, elect to have either Section 8.1(b) or Section 8.1(c) applied to its obligations with respect to all Outstanding Notes.

Appears in 1 contract

Samples: Indenture (Intercorp Financial Services Inc.)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(bparagraph (b) or (c) of this Section 8.1 be applied to the all Outstanding Notes of any Class upon compliance with the conditions set forth in Section 8.038.2.

Appears in 1 contract

Samples: Grupo Financiero Galicia Sa

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and by Board Resolution of the Board of Directors of the Company, at any time, elect to have either Section 8.02(b) or (cSection 8.02(c) be applied to the all outstanding Notes upon compliance with the conditions set forth in Section 8.03.

Appears in 1 contract

Samples: Stuart Entertainment Inc

Legal Defeasance and Covenant Defeasance. (a) The Company mayshall be entitled, at its option and at any time, to elect to have either Section 8.02(bparagraph (b) or (c) be below applied to the Notes all outstanding Securities upon compliance with the conditions set forth in Section 8.03.

Appears in 1 contract

Samples: Indenture (Netscout Systems Inc)

Legal Defeasance and Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02(b) or (c) be applied to the Notes upon compliance with the conditions set forth in Section 8.038.2, elect to have either Section 8.1(b) or Section 8.1(c) be applied to the Outstanding Notes.

Appears in 1 contract

Samples: Indenture (Alestra)

Time is Money Join Law Insider Premium to draft better contracts faster.