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

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 15.02 or 15.03 applied to all Outstanding Debt Securities of a particular series upon compliance with the conditions set forth below in this Article 15.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ CertificateBoard Resolution, and at any time, elect to have either Section 15.02 13.2 or 15.03 Section 13.3 hereof be applied to all Outstanding Debt Securities of a particular any series upon compliance with the conditions set forth below in this Article 15Thirteen.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the its option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, and at any time, elect to have either Section 15.02 8.3 or 15.03 8.4 hereof be applied to all Outstanding Debt outstanding Securities of a particular any series upon compliance with the conditions set forth below in this Article 15VIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, and at any time, elect to have either Section 15.02 13.2 or 15.03 Section 13.3 hereof be applied to all Outstanding Debt outstanding Securities of a particular series upon compliance with the conditions set forth below in this Article 15Thirteen.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificateoption, at any time, elect to have either Section 15.02 13.02 or 15.03 13.03 hereof applied to all Outstanding Debt Securities of a particular any series upon compliance with the conditions set forth below in this Article 15XIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ CertificateBoard Resolution, at any time, elect to have either Section 15.02 8.2 or 15.03 Section 8.3 be applied to all Outstanding Debt outstanding Securities of a particular series upon compliance with the conditions set forth below in this Article 15VIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The -------------------------------------------------------- Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ ' Certificate, at any time, elect to have either Section SECTION 15.02 or 15.03 be applied to all Outstanding Debt outstanding Securities of a particular series upon compliance with the conditions set forth below in this Article 15XV.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ CertificateBoard Resolution, at any time, elect to have either Section 15.02 8.2 or 15.03 8.3 be applied to all Outstanding Debt outstanding Securities of a particular series upon compliance with the conditions set forth below in this Article 15VIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, may at any time, time elect to have either Section 15.02 8.2 or 15.03 8.3 hereof be applied to all Outstanding Debt outstanding Securities of a particular series any Series upon compliance with the conditions set forth below in this Article 15VIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the its option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, and at any time, elect to have either Section 15.02 8.3 or 15.03 Section 8.4 hereof be applied to all Outstanding Debt Securities of a particular series any Series upon compliance with the conditions set forth below in this Article 15VIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at the its option of its Board of Directors evidenced by a resolution set forth in Board Resolution or an Officers’ Certificate, at any time, with respect to the Securities of any Series, elect to have either Section 15.02 8.2 or 15.03 8.3 be applied to all Outstanding Debt of the outstanding Securities of a particular series such Series upon compliance with the conditions set forth below in this Article 15VIII.