Covenant Defeasance definition
Covenant Defeasance has the meaning specified in Section 1303.
Covenant Defeasance has the meaning specified in Section 12.03.
Covenant Defeasance shall have the meaning set forth in Section 10.1(C).
Examples of Covenant Defeasance in a sentence
Following such Covenant Defeasance, payment of the Securities of such Series and the Note Guarantee may not be accelerated because of an Event of Default pursuant to Sections 6.1(c) (except for a Default with respect to Section 5.1), 6.1(d) or 6.1(g).
Subject to compliance with this Article, the relevant Issuer or the Guarantors may defease any Securities pursuant to this Section notwithstanding the prior Covenant Defeasance of such Securities pursuant to Section 12.3.
Upon the Company’s exercise of its Covenant Defeasance option as set forth in this Section 8.3, the Note Guarantee will be automatically released.
More Definitions of Covenant Defeasance
Covenant Defeasance has the meaning set forth in Section 8.1.
Covenant Defeasance has the meaning specified in Section 4.03.
Covenant Defeasance shall have the meaning specified in Section 8.3.
Covenant Defeasance has the meaning specified in Section 403.
Covenant Defeasance is defined in Section 3.02(3).
Covenant Defeasance has the meaning given in Section 11.02.
Covenant Defeasance has the meaning specified in Section 6.2 hereof.