Common use of Option to Effect Legal Defeasance or Covenant Defeasance Clause in Contracts

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 or 8.4 hereof be applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII.

Appears in 4 contracts

Sources: Indenture (Hallmark Financial Services Inc), Indenture (WSFS Financial Corp), Indenture (WSFS Financial Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof 8.03 be applied to all outstanding Securities Notes of any a series upon compliance with the conditions set forth below in this Article VIIIEight.

Appears in 3 contracts

Sources: Indenture (California Resources Corp), Indenture (Occidental Petroleum Corp /De/), Indenture (Continental Resources, Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof be Section 8.03 applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 3 contracts

Sources: Indenture (Price Communications Corp), Indenture (Price Communications Corp), Indenture (Price Communications Wireless Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and option, at any time, elect to have either Section 8.3 13.02 or 8.4 13.03 hereof be applied to all outstanding Outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIIIXIII.

Appears in 3 contracts

Sources: Indenture, Indenture, Indenture

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 8.03 hereof be applied to all outstanding Securities of any series Series upon compliance with the conditions set forth below in this Article VIIIEight.

Appears in 2 contracts

Sources: Indenture (Xilinx Inc), Indenture (Xilinx Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof 8.03 be applied to all outstanding Securities Notes of any either series upon compliance with the conditions set forth below in this Article VIIIEight.

Appears in 2 contracts

Sources: Indenture (SM Energy Co), Indenture (Continental Resources, Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any timeoption, elect to have either Section 8.3 8.02 or 8.4 hereof be 8.03 applied to all outstanding Securities Notes of any series upon compliance with the conditions set forth below in this Article VIII.

Appears in 2 contracts

Sources: Indenture (Wyndham Hotels & Resorts, Inc.), Indenture (Wyndham Worldwide Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof be Section 8.03 applied to all al1 outstanding Securities of any series and Security Documents upon compliance with the conditions set forth below in this Article VIII8.

Appears in 2 contracts

Sources: Indenture (Montgomery Cellular Telephone Co Inc), Indenture (Price Communications Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or Section 8.3 or 8.4 hereof be applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII.

Appears in 2 contracts

Sources: Indenture (Employee Solutions Inc), Indenture (Pricellular Wireless Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or Section 8.3 or 8.4 hereof be applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Indenture (Gibraltar Industries, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof be Section 8.03 applied to all outstanding Securities Notes of any a series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Senior Notes Indenture (Hanesbrands Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 or Section 8.4 hereof be applied to all outstanding Outstanding Securities of any series Series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (Sterling Bancorp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and may at any time, time elect to have either Section 8.3 12.02 or 8.4 hereof 12.03 be applied to all outstanding Outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIIIXII.

Appears in 1 contract

Sources: Indenture (Herc Holdings Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof be Section 8.03 applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Indenture (Price Communications Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 8.03 hereof be applied to all outstanding Securities Notes of any series Series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Indenture (Dr Pepper Snapple Group, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time elect to have Section 9.2 or may, at any time, elect to have either Section 8.3 or 8.4 hereof be 9.3 applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIIIIX.

Appears in 1 contract

Sources: Indenture (Laboratory Corp of America Holdings)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and evidenced by a Board Resolution or an Officers’ Certificate, at any time, with respect to the Securities of any Series, elect to have either Section 8.2 or 8.3 or 8.4 hereof be applied to all of the outstanding Securities of any series such Series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (Ca, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof be 8.03 applied to all outstanding Securities Notes of any series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (W R Grace & Co)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and may at any time, time elect to have either Section 8.2 or 8.3 or 8.4 hereof be applied to all outstanding Securities of any series Series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Indenture (Visteon European Holdings, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or Section 8.3 or 8.4 hereof be applied to all outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Indenture (Tetralogic Pharmaceuticals Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 hereof be Section 8.03 applied to all outstanding Securities Notes of any series Series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Senior Notes Indenture (WeWork Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and may at any time, time elect to have either Section 8.2 or 8.3 or 8.4 hereof be applied to all outstanding Securities of any series Series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (CNO Financial Group, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company mayExcept as otherwise provided with respect to such series pursuant to Section 2.03, the Company, at its the Company’s option and at any time, may elect to have either Section 8.3 8.02 or 8.4 hereof be Section 8.03 of this Indenture applied to all outstanding Outstanding Securities of any series upon compliance with the conditions set forth below in this Article VIII8.

Appears in 1 contract

Sources: Senior Notes Indenture (Trinity Industries Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. The Company may, at its option and at any time, elect to have either Section 8.3 8.02 or 8.4 8.03 hereof be applied to all outstanding Securities Notes of any series Series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (UL Solutions Inc.)