Common use of Suspension of Certain Covenants Clause in Contracts

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer and its Restricted Subsidiaries shall not be subject to Section 4.07 hereof, Section 4.08 hereof, Section 4.09 hereof, Section 4.10 hereof, Section 4.11 hereof, Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b) of this Section 4.16), Section 4.17 hereof and clause (iv) of Section 5.01(a) hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and its Restricted 102 Subsidiaries shall not be subject to Section 4.07 hereof, Section 4.08 hereof, Section 4.09 hereof, Section 4.10 hereof, Section 4.11 hereof, Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b) of this Section 4.16), Section 4.17 hereof and clause (iv) of Section 5.01(a) hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i‎(i) and (ii‎(ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and its Restricted Subsidiaries shall not be subject to Section ‎‎Section 4.07 hereof, Section ‎‎Section 4.08 hereof, Section ‎‎Section 4.09 hereof, Section ‎‎Section 4.10 hereof, Section ‎‎Section 4.11 hereof, Section ‎‎Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b‎(b) of this Section ‎‎Section 4.16), Section ‎‎Section 4.17 hereof and clause (iv‎(iv) of Section ‎‎Section 5.01(a) hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and its Restricted Subsidiaries shall not be subject to Section ‎Section 4.07 hereof, Section ‎Section 4.08 hereof, Section ‎Section 4.09 hereof, Section ‎Section 4.10 hereof, Section ‎Section 4.11 hereof, Section ‎Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b) of this Section ‎Section 4.16), Section ‎Section 4.17 hereof and clause (iv) of Section ‎Section 5.01(a) hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i‎(i) and (ii‎(ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and its Restricted Subsidiaries shall not be subject to Section ‎Section 4.07 hereof, Section ‎Section 4.08 hereof, Section ‎Section 4.09 hereof, Section ‎Section 4.10 hereof, Section ‎Section 4.11 hereof, Section ‎Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b‎(b) of this Section ‎Section 4.16), Section ‎Section 4.17 hereof and clause (iv‎(iv) of Section 5.01(a) ‎Section 5.01 hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Uniti and its Restricted Subsidiaries shall not be subject to Section 4.07 hereof, Section 4.08 hereof, Section 4.09 hereof, Section 4.10 hereof, Section 4.11 hereof, Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b) of this Section 4.16), Section 4.17 hereof and clause (iv) of Section 5.01(a) hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and its Restricted Subsidiaries shall not be subject to Section ‎‎Section 4.07 hereof, Section ‎‎Section 4.08 hereof, Section ‎‎Section 4.09 hereof, Section ‎‎Section 4.10 hereof, Section ‎‎Section 4.11 hereof, Section ‎‎Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b) of this Section ‎‎Section 4.16), Section ‎‎Section 4.17 hereof and clause (iv) of Section ‎‎Section 5.01(a) hereof (the “Suspended Covenants”).

Suspension of Certain Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from both Rating Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and its Restricted Subsidiaries shall not be subject to Section 4.07 hereof, Section 4.08 hereof, Section 4.09 hereof, Section 4.10 hereof, Section 4.11 hereof, Section 4.15 hereof (but only with respect to any Person that is required to become a Guarantor after the date of the commencement of the applicable Suspension Period as defined in clause (b) of this Section 4.16), Section 4.17 hereof and clause (iv) of Section 5.01(a) hereof (the “Suspended Covenants”).