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

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee of the Partnership evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Unless otherwise provided in respect of a series of Notes, the Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of the Management Committee Board of Directors of the Partnership Company evidenced by a resolution Board Resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 12.2 or 8.03 hereof 12.3 be applied to all outstanding Outstanding Notes upon compliance with the conditions set forth below in this Article EightXII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee of the Partnership evidenced by a resolution set forth in an Officers’ Officer's Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes Debentures upon compliance with the conditions set forth below in this Article Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of the Management Committee Partnership’s Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee Board of Directors of the Partnership Issuer evidenced by a resolution set forth in an Officers’ CertificateBoard Resolution, at any time, elect to have either Section 8.02 7.3 or 8.03 hereof be 7.4 applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight7.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee its Boards of the Partnership Directors evidenced by a resolution Board Resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of the Management Committee Board of Directors of the Partnership Company evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee their Boards of the Partnership Directors evidenced by a resolution set forth in an Officers’ ' Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes Securities of any series upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, with respect to the Notes, elect to have either Section 8.02 8.2 or 8.03 hereof 8.3 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee each of the Partnership Issuer’s Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes and Guarantees upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers An Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ ' Certificate, at any time, elect to have either Section 8.02 11.02 or 8.03 hereof 11.03 be applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article EightEleven.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 14.02 or 8.03 hereof 14.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight14.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee its Board of the Partnership Directors and evidenced by a resolution Board Resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of the Management Committee Board of the Partnership Directors of Holdings evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight.8. Section 8.02

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, with respect to the Notes of any series, elect to have either Section 8.02 8.2 or 8.03 hereof 8.3 be applied to all outstanding Notes of such series upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. 50 The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 12.02 or 8.03 12.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight12.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, Officer’s Certificate and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the their option of the Management Committee of the Partnership evidenced by a resolution of its Board of Directors, set forth in an Officers’ Officer’s Certificate, at any time, with respect to the Notes, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes of a series and Guarantees upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ ' Certificate, at any time, with respect to the Notes, elect to have either Section 8.02 8.2 or 8.03 hereof 8.3 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Managers evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution Board Resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at any time at the option of the Management Committee their respective Boards of the Partnership Directors, evidenced by a resolution Board Besolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 hereof 8.3 be applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 12.02 or 8.03 12.03 hereof be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article Eight12.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the its option of the Management Committee of the Partnership and at any time evidenced by a resolution Board Resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 hereof be 8.3 applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of the Management Committee Board of Directors of the Partnership Company evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of the Management Committee Board of Directors of the Partnership Company evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied to all outstanding any the Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee Issuers’ Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at any time at the option of the Management Committee their respective Boards of the Partnership Directors, evidenced by a resolution Board Besolution set forth in an Officers’ ' Certificate, at any time, elect to have either Section 8.02 8.2 or 8.03 hereof 8.3 be applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eightthe relevant Sections, as the case may be.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee each of the Partnership their Board of Directors evidenced by a resolution set forth in an Officers’ Certificaterespective Board Resolutions, and at any time, elect to have either Section 8.02 13.2 or 8.03 Section 13.3 hereof be applied to all outstanding Notes Outstanding Securities of any series upon compliance with the conditions set forth below in this Article EightThirteen.

Option to Effect Legal Defeasance or Covenant Defeasance. ‌ The Issuers mayIssuer may at any time, at the option of the Management Committee its board of the Partnership directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.02 10.02 or 8.03 hereof 10.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight10.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of the Management Committee its Board of the Partnership Directors and evidenced by a resolution Board Resolution set forth in an Officers’ CertificateOfficer’s Certificates, at any time, elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article EightVIII.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of the Management Committee its Board of the Partnership Directors evidenced by a resolution set forth in an Officers’ Officer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eightthe relevant Sections, as the case may be.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of the Management Committee Board of Directors of the Partnership Issuer evidenced by a resolution set forth in an Officers’ Officer's Certificate, at any time, elect to have either Section 8.02 11.02 or 8.03 hereof 11.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article Eight10.