Common use of Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance Clause in Contracts

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 24 contracts

Samples: Indenture (Wayfair Inc.), Indenture (Builders FirstSource, Inc.), Indenture (Churchill Downs Inc)

AutoNDA by SimpleDocs

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section SECTIONS 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article ARTICLE VIII.

Appears in 6 contracts

Samples: Indenture (iHeartMedia, Inc.), Indenture (iHeartMedia, Inc.), Indenture (iHeartMedia, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or Section 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 4 contracts

Samples: Indenture (loanDepot, Inc.), Indenture (loanDepot, Inc.), Indenture (loanDepot, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and may at any time, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article VIII.

Appears in 3 contracts

Samples: Indenture (Edgen Group Inc.), Indenture (Edgen Murray II, L.P.), Indenture (Easton-Bell Sports, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section Sections 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Samples: Indenture (Atento S.A.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 Sections ‎8.2 or 8.3 ‎8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article ‎Article VIII.

Appears in 1 contract

Samples: Indenture (Atento S.A.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Samples: Indenture (TUTOR PERINI Corp)

AutoNDA by SimpleDocs

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Issuers, the Company and the other Guarantors may, at its their option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Samples: Indenture (Restaurant Brands International Limited Partnership)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Samples: Indenture (OneMain Financial Holdings, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its their option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Samples: Indenture (American Capital, LTD)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and may at any time, at the option of its Board of Governors evidenced by a resolution set forth in an Officers’ Certificate, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Samples: Indenture (Heron Lake BioEnergy, LLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!