Covenant Suspension Event definition

Covenant Suspension Event has the meaning assigned to such term in Section 4.19.

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

Covenant Suspension Event has the meaning specified in Section 10.18(a) of this Indenture.

Examples of Covenant Suspension Event in a sentence

• The Trustee shall not have any obligation to monitor the occurrence or dates of any Covenant Suspension Event or Reversion Date and may rely conclusively on such Officer’s Certificate.

• The Company also shall provide notice to the Holders of any Covenant Suspension Event or Reversion Date.

• The Trustee shall not have any obligation to notify the holders of the occurrence or dates of any Covenant Suspension Event or Reversion Date.

• The Trustee shall have no duty to inquire or to verify the treatment of the Company’s debt by the Rating Agencies or otherwise to determine the factual basis for the Company’s determination of the occurrence or timing of a Covenant Suspension Event or Reversion Date.

• The Trustee shall have no duty to monitor the ratings of the Notes, determine whether a Covenant Suspension Event or Reversion Date has occurred or notify Holders of the same.

More Definitions of Covenant Suspension Event

Covenant Suspension Event has the meaning set forth in Section 6.14(a).

Covenant Suspension Event has the meaning set forth in Article VII.

Covenant Suspension Event as defined in Section 8.9.

Covenant Suspension Event has the meaning specified in Section 1018(a) of this Indenture.

Covenant Suspension Event means the concurrent occurrence of both of the following: (i) the Notes having Investment Grade Ratings from both Rating Agencies, and (ii) no Default having occurred and is continuing under this Indenture.

Covenant Suspension Event has the meaning specified in Section 1021(a) of this Supplemental Indenture.

Covenant Suspension Event means, during any period of time following the first day after the Issue Date (or the first day after a Reversion Date), that (i) the Notes have achieved an Investment Grade rating, and (ii) no Default or Event of Default has occurred and is continuing under this Indenture.