Common use of Suspension of Covenants Clause in Contracts

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this the Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this the Indenture:

Suspension of Covenants. (a) During If on any period of time date following the Issue Date that Date, (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture then, beginning on that day (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not following covenants will be subject to suspended (collectively, the following provisions of this Indenture:“Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), Holdings and the Company and its Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both at least two of the Rating Agencies, Agencies and (ii2) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its the Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following after the Issue Date that (i) the Notes have are rated Investment Grade Ratings from by both Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its Restricted Subsidiaries shall not be subject to the following provisions Sections of this Indenture:Indenture (the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes Loans have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture Agreement (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company Borrower and its the Restricted Subsidiaries shall not be subject to the following provisions of this IndentureAgreement:

Suspension of Covenants. During the period in which: (a) During any period of time following the Issue Date that (i1) the Notes have an Investment Grade Ratings Rating from both at least two Rating Agencies, Agencies or the equivalent thereof under any new ratings system if the ratings system of any such agency shall be modified after the date hereof and (ii2) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this IndentureIndenture will not be applicable to the Notes:

Suspension of Covenants. (a) During If on any period of time date following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its Restricted Subsidiaries shall will not be subject to Sections 4.09, 4.10, 4.12 and 4.14 hereof (collectively, the following provisions of this Indenture:“Suspended Covenants”).

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both at least two Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time Following the earliest date following the Issue Date that on which: (i1) the Notes have Investment Grade Ratings from both at least two Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”)) until the Reversion Date, the Company Issuer and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following after the Issue Date that (i) the Notes have are rated Investment Grade Ratings from by both Rating Agencies, Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”)Indenture, the Company Cedar Fair and its Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:Sections (the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i) the Notes have Investment Grade Ratings from both at least two Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company Parent and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its the Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During If on any period of time date following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:covenants (collectively, the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this First Supplemental Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension EventSuspension”), the Company Issuer and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:First Supplemental Indenture (the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Effective Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Distribution Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), Parent and the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following Following the Issue Date that first day (the “Suspension Date”) that: (i) the Notes have ratings of Investment Grade Ratings from both Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”)Indenture, the Company Issuer and its the Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following From and after the Issue Date that first date that: (i) the Notes have Investment Grade Ratings from both one of the Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its the Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), Parent and the Company and its Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following From and after the Issue Date that first date that: (i) the Senior Discount Notes have Investment Grade Ratings from both one of the Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “"Covenant Suspension Event”"), the Company and its the Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following Following the Issue Date first day (the “Suspension Date”) that (i) the Notes of a series have an Investment Grade Ratings Rating from both of the Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”)Indenture, the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this IndentureIndenture with respect to such series of Notes:

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension EventSuspension”), the Company Issuer and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:Indenture (the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i) the Senior Notes have Investment Grade Ratings from both one of the Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “"Covenant Suspension Event”"), the Company and its the Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company BPR and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During If on any period of time date following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its Restricted Subsidiaries shall will not be subject to Sections 4.09, 4.10, 4.15(2) and 4.17 hereof (collectively, the following provisions of this Indenture:“Suspended Covenants”).

Suspension of Covenants. (a) During If on any period of time date following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company Issuer and its Restricted Subsidiaries shall will not be subject to Sections 4.09, 4.12 and 4.14 hereof (collectively, the following provisions of this Indenture:“Suspended Covenants”).

Suspension of Covenants. (a) During If on any period of time date following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), then beginning on such date, the Company Issuer and its Restricted Subsidiaries shall will not be subject to Sections 4.09, 4.10, 4.15 and 4.17 hereof (collectively, the following provisions of this Indenture:“Suspended Covenants”).

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both at least two of the Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following Following the Issue Date first day (the “Suspension Date”) that (i) the Notes have an Investment Grade Ratings Rating from both of the Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”)Indenture, the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Second Supplemental Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension EventSuspension”), the Company Issuer and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:Second Supplemental Indenture (the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this the Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:clauses

Suspension of Covenants. (a) During any period of time following the Issue Date that (i) the Notes have Investment Grade Ratings from both Rating Agencies, and (ii) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension EventSuspension”), the Company Issuer and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:Indenture (the “Suspended Covenants”):

Suspension of Covenants. (a) During any period of time following after the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), the Company and its the Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i1) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii2) no Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i1) and (ii2) being collectively referred to as a “Covenant Suspension Event”), Parent and the Company and its Restricted Subsidiaries shall not be subject to the following provisions of this Indenture:

Suspension of Covenants. (a) During any period of time following the Issue Date that that: (i) the Notes have Investment Grade Ratings from both Rating Agencies, Agencies and (ii) no Default or Event of Default has occurred and is continuing under this Indenture (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), Texas Genco LLC and the Company and its Restricted Subsidiaries shall will not be subject to the following provisions of this Indenture: