Defeased Covenants definition

Defeased Covenants have the meanings set forth in Section 4.03.
Defeased Covenants means the covenants set forth in Article VII hereof, other than Section 7.01 hereof.
Defeased Covenants. “disposed group” “XXXXX” “Event of Default” “Judgment Currency” “legal defeasance” “mandatory sinking fund payment” “NCR” “optional sinking fund payment” “Paying Agent” “Registrar” “Required Currency” “Successor” “Tax Redemption Date” 2.18 6.01 8.01 8.01 5.01 4.03 6.01 6.10 8.01 3.09 12.11 3.09 2.06 2.06 6.10 5.01 3.12

Examples of Defeased Covenants in a sentence

  • And then once you get that, you can address the needs of the individual because each individual is gonna need different attention.

  • In addition, upon the Company's exercise under Section 8.01 hereof of the option applicable to this Section 8.03, subject to the satisfaction of the conditions set forth in Section 8.04 hereof, Section 6.01(3) (with respect to any Event of Default resulting from a violation of the covenants set forth in Sections 4.10, 4.14, 5.01(a)(4) or 5.01(c)(2)(ii) only), Section 6.01(4) (with respect to the Defeased Covenants only) and Sections 6.01(5) through 6.01(8) hereof will not constitute Events of Default.

  • In addition, upon the Company's exercise of the option applicable to this Section 8.4, subject to the satisfaction of the conditions set forth in Section 8.5 hereof, Section 6.1(c) and(d) (with respect to any Event of Default resulting from a violation of the Defeased Covenants only) and Sections 6.01(e) through 6.01(h) hereof will not constitute Events of Default.

  • In addition, upon the Company's exercise of the option applicable to this Section 8.05, subject to the satisfaction of the conditions set forth in Section 8.06 hereof, Section 6.01(3) (with respect to any Event of Default resulting from a violation of the covenants set forth in Sections 4.06, 4.10, 5.01(a)(4) or 5.01(c)(2)(ii) only), Section 6.01(4) (with respect to the Defeased Covenants only) and Sections 6.01(5) through 6.01(8) hereof will not constitute Events of Default.

  • In addition, upon the Company's exercise of the option applicable to this Section 8.4, subject to the satisfaction of the conditions set forth in Section 8.5 hereof, Section 6.1(c) and (d) (with respect to any Event of Default resulting from a violation of the Defeased Covenants only) and Sections 6.01(e) through 6.01(h) hereof will not constitute Events of Default.


More Definitions of Defeased Covenants

Defeased Covenants. 8.4 "Event of Default" 6.1 "Legal Defeasance"
Defeased Covenants has the meaning given to that term in Section 7.4.

Related to Defeased Covenants

  • Suspended Covenants has the meaning assigned to such term in Section 4.19.

  • Indenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Debenture Event of Default means an "Event of Default" as defined in the Indenture.

  • Financial Covenant Default has the meaning assigned to such term in Section 8.01(6).

  • Events of Default has the meaning specified in Section 6.01.

  • Covenant Defeasance has the meaning specified in Section 1303.

  • Guarantee Event of Default means a default by the Guarantor on any of its payment or other obligations under this Guarantee.

  • Financial Covenant Event of Default has the meaning specified in Section 8.01(b).

  • Additional Defeasible Provision means a covenant or other provision that is (a) made part of this Indenture pursuant to an indenture supplemental hereto, a Board Resolution or an Officer’s Certificate delivered pursuant to Section 3.1, and (b) pursuant to the terms set forth in such supplemental indenture, Board Resolution or Officer’s Certificate, made subject to the provisions of Article Thirteen.

  • Guarantor Default means any condition or event that with the giving of notice or lapse of time or both would, unless cured or waived, become a Guarantor Event of Default.

  • Covenant Suspension Event has the meaning assigned to it in Section 3.22(b).

  • Qualified ECP Guarantor means, in respect of any Swap Obligation, each Loan Party that has total assets exceeding $10,000,000 at the time the relevant Guarantee or grant of the relevant security interest becomes effective with respect to such Swap Obligation or such other person as constitutes an “eligible contract participant” under the Commodity Exchange Act or any regulations promulgated thereunder and can cause another person to qualify as an “eligible contract participant” at such time by entering into a keepwell under Section 1a(18)(A)(v)(II) of the Commodity Exchange Act.

  • Negative Covenants The Postpetition Financing Documents shall contain negative covenants of the Borrower acceptable to the Lender.

  • Guarantor Event of Default means the occurrence of any “Event of Default” under and as defined in the Performance Guaranty.

  • Servicer Event of Default One or more of the events described in Section 7.01.

  • Note Event of Default means any “Event of Default” specified in Section 5.1 of the Indenture.

  • Master Servicer Event of Default One or more of the events described in Section 7.01.

  • Environmental covenant means a servitude arising under an environmental response project that imposes activity and use limitations.

  • NIMs Insurer Default As defined in Section 10.13.

  • Suspension Event As defined in Section 5(b) hereof.

  • Permitted Non-Recourse Guarantees means customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements and carve-out guarantees) provided under Non-Recourse Debt in the ordinary course of business by the Company or any Subsidiary of the Company in financing transactions that are directly or indirectly secured by real estate assets or other real estate-related assets (including equity interests) of a Subsidiary of the Company (or entity in which the Company is the general partner or managing member), in each case that is the borrower in such financing, but is non-recourse to the Company or any of the Company’s other Subsidiaries, except for customary completion or budget guarantees or indemnities (including by means of separate indemnification agreements or carve-out guarantees) as are consistent with customary industry practice (such as environmental indemnities and recourse triggers based on violation of transfer restrictions and other customary exceptions to nonrecourse liability).

  • Affirmative Covenants The following affirmative covenants, among others, if any, to be negotiated in the Senior Facilities Documentation, will apply (to be applicable to the Borrower and its restricted subsidiaries), subject to customary (consistent with the Documentation Precedent) and other baskets, exceptions and qualifications to be agreed upon: maintenance of corporate existence and rights; performance and payment of obligations; delivery of annual and quarterly consolidated financial statements (accompanied by customary management discussion and analysis and (annually) by an audit opinion from nationally recognized auditors that is not subject to any qualification as to scope of such audit or going concern) (other than solely with respect to, or resulting solely from an upcoming maturity date under any series of indebtedness occurring within one year from the time such opinion is delivered) (with extended time periods to be agreed for delivery of the first annual and certain quarterly financial statements to be delivered after the Closing Date) and an annual budget (it being understood that the public REIT reporting that includes the Borrower shall satisfy the Borrower’s reporting obligations so long as it includes a consolidating income statement and balance sheet for the Borrower); delivery of notices of default and material adverse litigation, ERISA events and material adverse change; maintenance of properties in good working order; maintenance of books and records; maintenance of customary insurance; commercially reasonable efforts to maintain ratings (but not a specific rating); compliance with laws; inspection of books and properties; environmental; additional guarantors and additional collateral (subject to limitations set forth under the captions “Guarantees” and “Security”); further assurances in respect of collateral matters; use of proceeds; and payment of taxes.

  • Financial Covenants means the covenants set forth in Section 6.2.

  • Covenant Defeasance Option is defined in Section 4.01(b) of the Indenture.

  • Base Indenture has the meaning provided in the recitals.

  • Covenants means the covenants set forth in Section 4 of this Agreement.