Issuer’s Option to Effect Defeasance or Covenant Defeasance. The Issuer may at its option, by Order of the Issuer delivered to the Fiscal Agent, elect to have either Section 15(b) or Section 15(c) applied to the Outstanding Securities upon compliance with the conditions set forth below in this Section 15.
Appears in 4 contracts
Samples: Fiscal Agency Agreement (Midamerican Energy Holdings Co /New/), Fiscal Agency Agreement (Midamerican Energy Holdings Co /New/), Fiscal Agency Agreement (Midamerican Energy Holdings Co /New/)
Issuer’s Option to Effect Defeasance or Covenant Defeasance. The Issuer may at its option, by an Order of the Issuer delivered to the Fiscal Agent, elect to have either Section 15(b) or Section 15(c) applied to the Outstanding Securities upon compliance with the conditions set forth below in this Section 15.
Appears in 3 contracts
Samples: Fiscal Agency Agreement (Midamerican Energy Holdings Co /New/), Fiscal Agency Agreement (Midamerican Energy Co), Fiscal Agency Agreement (Midamerican Funding LLC)
Issuer’s Option to Effect Defeasance or Covenant Defeasance. The Issuer may at its option, by Order of the Issuer delivered to the Fiscal Agent, elect to have either Section 15(b14(b) or Section 15(c14(c) applied to the Outstanding Securities upon compliance with the conditions set forth below in this Section 1514.
Appears in 2 contracts
Samples: Fiscal Agency Agreement (Midamerican Energy Holdings Co /New/), Fiscal Agency Agreement (Midamerican Energy Holdings Co /New/)
