Common use of Suspension of Certain Covenants Clause in Contracts

Suspension of Certain Covenants. (a) If on any date following the Issue Date (1) the Notes have an Investment Grade Rating and (2) no Default or Event of Default shall have occurred and be continuing, then beginning on that day and continuing at all times thereafter and subject to the provisions of the second succeeding paragraph of this covenant, the covenants specifically listed under the following sections in this Indenture (collectively, the “Suspended Covenants”) will be suspended:

Suspension of Certain Covenants. (a) If If, on any date following the Issue Date Date, (1i) the Notes have an achieved Investment Grade Rating Status; and (2ii) no Default or Event of Default shall have has occurred and be continuingis continuing under this Indenture, then then, beginning on that day and continuing at all times thereafter until the Reversion Date (as defined below), the Company and its Restricted Subsidiaries shall not be subject to the provisions of the second succeeding paragraph of this covenant, the covenants specifically listed under the following sections in this Indenture Section 3.7 (collectively, the “Suspended CovenantsCovenant”) will be suspended:).