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 their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers maymay at any time, at the option of their respective boards of directors or the Board of Directors of CCI either Issuer evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer’s Certificate, 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 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of their respective boards of directors or the its Board of Directors of CCI as evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer’s Certificate, elect to have either Section 8.02 or Section 8.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Board of Directors of CCI Management Committee evidenced by a resolution set forth in an Officers' Certificate of each of the IssuersOfficer'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 8Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the its option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution of its Board of Directors set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer’s Certificate, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Applicable Issuers may, at the option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' ’ Certificate of each of the Applicable Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Partnership’s Board of Directors of CCI evidenced by a resolution set forth in an Officers' ’ Certificate of each of delivered to the IssuersTrustee, 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 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of their respective boards of directors or the Board of Directors of CCI the Issuer evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any time’ Certificate, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' ’ Certificate of each of the Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at its option at any time, at the option of their respective boards of directors or the its Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer’s Certificate, 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 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' ’ Certificate of each of the Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer’s Certificate, 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 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors the Management Committee or the Board of Directors of CCI Directors, as applicable, evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers’ Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and Guarantees upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of their respective boards of directors or the its Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers’ Certificate, and at any time, elect to have either Section 8.02 8.03 or 8.03 be 8.04 applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Board Boards of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the their option evidenced by a resolution of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution the Issuer set forth in an Officers' Certificate of each of the Issuers, at any time’ Certificate, elect to have either Section 8.02 or 8.03 be applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of their respective boards of directors or the its Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer's Certificate, elect to have either Section 8.02 or 8.03 be hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all any series of outstanding Notes and the obligations of the Guarantors under the Note Guarantees with respect thereto upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers may, at the option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution set forth in an Officers' ’ Certificate of each of the Issuers, at any time, elect to have either Section 8.02 or 8.03 be applied to all the outstanding Notes and the obligations of the Guarantors under the Note Guarantees with respect thereto upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of their respective boards of directors or the its Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the IssuersOfficer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 be hereof applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers mayIssuer may at any time, at the option of their respective boards of directors or the Issuer’s Board of Directors of CCI evidenced by a resolution set forth in an Officers' Certificate of each of the Issuers, at any timeOfficer’s Certificate, 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 8.

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the its option of their respective boards of directors or the Board of Directors of CCI evidenced by a resolution of its board of directors set forth in an Officers' Certificate of each of the IssuersOfficer’s Certificate, at any time, elect to have either Section 8.02 or Section 8.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.. CG&R Draft Current date: 06-20-2019 11:20 AM 51390170v5

Option to Effect Legal Defeasance or Covenant Defeasance. The Issuers Issuer may, at the option of their respective boards of directors or the its Board of Directors of CCI evidenced by a resolution set forth in accompanied by an Officers' Certificate of each of the IssuersOfficer’s Certificate, at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Outstanding Notes and the Note Guarantees upon compliance with the conditions set forth below in this Article 8.