Termination Amendment and Waiver. 46 7.1 Termination....................................................................................46 7.2
Termination Amendment and Waiver. (a) The obligations of the Corporation pursuant to this Replacement Capital Covenant shall remain in full force and effect until the earliest date (the “Termination Date”) to occur of (i) the date, if any, on which the Holders of a majority in principal amount of the then-effective series of Covered Debt consent or agree in writing to the termination of this Replacement Capital Covenant and the obligations of the Corporation hereunder, (ii) the date on which the Corporation ceases to have any series of outstanding Eligible Senior Debt or Eligible Subordinated Debt (in each case without giving effect to the rating requirement in clause (b) of the definition of each such term), (iii) June 15, 2047 or, if earlier, the date on which the Debentures are otherwise repaid, redeemed or purchased in full in accordance with this Replacement Capital Covenant, and (iv) the date on which the Debentures become accelerated due to the occurrence of an event of default. From and after the Termination Date, the obligations of the Corporation pursuant to this Replacement Capital Covenant shall be of no further force and effect.
(b) This Replacement Capital Covenant may be amended or supplemented from time to time by a written instrument signed by the Corporation with the consent of the Holders of a majority in principal amount of the then-effective series of Covered Debt, provided that this Replacement Capital Covenant may be amended or supplemented from time to time by a written instrument signed only by the Corporation (and without the consent of any Covered Debtholder) if (i) such amendment or supplement eliminates Common Shares, Qualifying Warrants, Mandatorily Convertible Preferred Shares and/or Debt Exchangeable for Common Equity as a Replacement Capital Security and, in the case of this clause (i), after the date of this Replacement Capital Covenant, an accounting standard or interpretive guidance of an existing accounting standard issued by an organization or regulator that has responsibility for establishing or interpreting accounting standards in the United States becomes effective such that there is more than an insubstantial risk that failure to eliminate Common Shares, Qualifying Warrants, Mandatorily Convertible Preferred Shares and/or Debt Exchangeable for Common Equity as a Replacement Capital Security would result in a reduction in the Corporation’s earnings per share as calculated in accordance with generally accepted accounting principles in the United Stat...
Termination Amendment and Waiver. 42 7.1 Termination........................................................................................42 7.2 Notice of Termination; Effect of Termination.......................................................43 7.3
Termination Amendment and Waiver. Section 8.1
Termination Amendment and Waiver. 45 SECTION 8.01 Termination....................................... 45 SECTION 8.02
Termination Amendment and Waiver. 66 Section 7.1 Termination .............................................. 66 Section 7.2 Effect of Termination .................................... 69 Section 7.3 Amendment ................................................ 71 Section 7.4 Waiver ................................................... 71 Section 7.5 Fees and Expenses ........................................ 71
Termination Amendment and Waiver. 38 SECTION 7.1. Termination............................................. 38 SECTION 7.2. Effect of Termination................................... 39 SECTION 7.3. Amendment............................................... 39 SECTION 7.4. Consent; Extension; Waiver.............................. 40
Termination Amendment and Waiver. 72 Section 9.1 Termination . . . . . . . . . . . . . . . . . . . . . . 72 Section 9.2
Termination Amendment and Waiver. Section 7.01 Termination Section 7.02 Effect of Termination Section 7.03 Amendment Section 7.04 Extension; Waiver
Termination Amendment and Waiver. 62 Section 8.1 Termination...........................................62
