Common use of Suspension of Covenants on Achievement of Investment Grade Status Clause in Contracts

Suspension of Covenants on Achievement of Investment Grade Status. (a) Following the first day that the Notes have achieved Investment Grade Status and no Default or Event of Default has occurred and is continuing under this Indenture, then beginning on that day and continuing until the Reversion Date (as defined below), Holdings, the Issuer and their Restricted Subsidiaries will not be subject to Sections 3.2, 3.3, 3.4, 3.5, 3.7, 3.8 and 4.1(a)(3) (collectively, the “Suspended Covenants”).

Suspension of Covenants on Achievement of Investment Grade Status. (a) Following the first day that the Notes have achieved Investment Grade Status and no Default or Event of Default has occurred and is continuing under this Indenture, then beginning on that day and continuing until the Reversion Date (as defined below), Holdings, the Issuer Issuers and their Restricted Subsidiaries will not be subject to Sections 3.2, 3.3, 3.4, 3.5, 3.7, 3.8 and 4.1(a)(3) (collectively, the “Suspended Covenants”).

Suspension of Covenants on Achievement of Investment Grade Status. (a) Following If on any date following the first day that Issue Date, the Notes have achieved Investment Grade Status and no Default or Event of Default has occurred and is continuing under this Indenture(a “Suspension Event”), then then, beginning on that day and continuing until the Reversion Date (as defined below), HoldingsDate, the Issuer and their Restricted Subsidiaries following provisions of this Indenture will not be subject apply to Sections 3.2such Notes: Section 4.07, 3.3Section 4.09, 3.4Section 4.08, 3.5Section 4.10, 3.7, 3.8 and 4.1(a)(3) (collectively, the “Suspended Covenants”).Section

Suspension of Covenants on Achievement of Investment Grade Status. (a) Following the first day that the Notes have achieved Investment Grade Status and no Default or Event of Default has occurred and is continuing under this Indenture, then beginning on that day and continuing until the Reversion Date (as defined below), Holdings, the Issuer and their its Restricted Subsidiaries will not be subject to Sections 3.2, 3.3, 3.4, 3.5, 3.7, 3.8 and 4.1(a)(3) (collectively, the “Suspended Covenants”).

Suspension of Covenants on Achievement of Investment Grade Status. (a) Following the first day that the Notes have achieved Investment Grade Status and no Default or Event of Default has occurred and is continuing under this Indenture, then beginning on that day and continuing until the Reversion Date (as defined below), Holdings, the Issuer Issuers and their Restricted Subsidiaries will not be subject to Sections 3.2, 3.3, 3.4, 3.5, 3.7, 3.8 and 4.1(a)(3) (collectively, the “Suspended Covenants”).