Common use of Suspension of Covenants Clause in Contracts

Suspension of Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from two Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer and the Restricted Subsidiaries shall not be subject to the provisions of Sections 4.03, 4.04, 4.05, 4.06, 4.07, 5.01(a)(iv), 4.11, and 4.14 (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from two Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer and the Restricted Subsidiaries shall not be subject to the provisions of Sections 4.03, 4.04, 4.05, 4.06, 4.07, 5.01(a)(iv), 4.11, 4.14 and 4.14 5.01(a)(iv) (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from at least two Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and the Restricted Subsidiaries shall not be subject to the provisions of Sections 4.03, 4.04, 4.05, 4.06, 4.07, 5.01(a)(iv)4.08, 4.11, 4.12 and 4.14 5.01(a)(2) (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from two Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and the its Restricted Subsidiaries shall not be subject to the provisions of Sections 4.033.10, 4.044.7, 4.054.8, 4.064.9, 4.074.10, 5.01(a)(iv), 4.11, 4.11 and 4.14 5.1(a)(2) (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: (i) the Notes have Investment Grade Ratings from two Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and the Restricted Subsidiaries shall not be subject to the provisions of Sections 4.03, 4.04, 4.05, 4.06, 4.07, 5.01(a)(iv)4.08, 4.11, 4.12 and 4.14 5.01(a)(2) (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: that (i) the Notes have Investment Grade Ratings from two of the Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and the its Restricted Subsidiaries shall not be subject to the provisions of this Indenture described under Sections 4.033.9, 4.043.10, 4.053.11, 4.063.12, 4.073.13, 5.01(a)(iv3.14(b), 4.113.15, 3.16, 3.18, 3.19, 4.1(a)(ii) and 4.14 4.1(b)(ii) (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: that (i) the Notes have Investment Grade Ratings from two both Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and the its Restricted Subsidiaries shall will not be subject to the provisions of Sections 4.033.8, 4.043.9, 4.053.10, 4.063.11, 4.073.12, 5.01(a)(iv)3.13, 4.113.14, 3.15, 3.17, 3.18, 3.19(b) and 4.14 4.1(a)(2) (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: that (i) the Notes have Investment Grade Ratings from any two Rating 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 Issuer Issuers and the Restricted Subsidiaries shall will not be subject to the provisions of Sections 4.034.08, 4.04, 4.05, 4.06, 4.07, 5.01(a)(iv)4.10, 4.11, and 4.14 4.12, 4.13 or 5.01(a)(4) hereof (collectively, the “Suspended Covenants”).

Suspension of Covenants. (a) During any period of time that: that (i) the Notes have Investment Grade Ratings from two both Rating Agencies and (ii) no Default or Event of Default has occurred and is continuing (the occurrence of the events described in the foregoing clauses (i) and (ii) being collectively referred to as a “Covenant Suspension Event”), the Issuer Company and the its Restricted Subsidiaries shall will not be subject to the provisions of Sections 4.033.8, 4.043.9, 4.053.10, 4.063.11, 4.073.12, 5.01(a)(iv)3.13, 4.113.14, 3.15, 3.17, 3.18 and 4.14 4.1(a)(2) (collectively, the “Suspended Covenants”).