Suspension of Certain Covenants. Following the first day (the “Suspension Date”) that (a) the Notes have Investment Grade Ratings from both Rating Agencies and (b) no Default or Event of Default has occurred and is continuing, the Parent and the Restricted Subsidiaries will not be subject to the following provisions of this Indenture: • Section 4.10, • Section 4.11, • Section 4.13, • Section 4.14, • Section 4.15, • Section 4.16,
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Samples: Indenture (PT Indosat TBK), Indenture (PT Indosat TBK)
Suspension of Certain Covenants. Following the first day (the “Suspension Date”) that (a) the Notes have Investment Grade Ratings from both at least two Rating Agencies and (b) no Default or Event of Default has occurred and is continuing, the Parent and the Restricted Subsidiaries will not be subject to the following provisions of this Indenture: • Section 4.10, • Section 4.11, • Section 4.13, • Section 4.14, • Section 4.15, • Section 4.16,
Appears in 1 contract
Samples: Indenture (PT Indosat TBK)
Suspension of Certain Covenants. (a) Following the first day (the “Suspension Date”) that that:
(a1) the Notes have an Investment Grade Ratings Rating from both of the Rating Agencies and Agencies; and
(b2) no Default or Event of Default has occurred and is continuing, ; the Parent Issuers and the Restricted Subsidiaries will not be subject to the following provisions of this Indenture: • Section Sections 4.06, 4.07, 4.10, • Section 4.114.12, • Section 4.13, • Section 4.14, • 10.03, and clauses (a)(3) and (c)(2)(B) of Section 4.155.01 (collectively, • Section 4.16,the “Suspended Covenants”).
Appears in 1 contract
Samples: Indenture (Tower Automotive, LLC)