Defeasance definition

Defeasance has the meaning specified in Section 1302.
Defeasance has the meaning specified in Section 13.2.
Defeasance has the meaning specified in Section 13.02.

Examples of Defeasance in a sentence

  • Covenant Defeasance DOCPROPERTY "CUS_DocIDChunk0" 55372512.4Conifer will not need to comply with certain restrictive covenants, and the provisions of the 2028 Indenture will cease to be applicable with respect to an event of default under the 2028 Notes other than an event of default due to its failure to pay the principal of or interest on the 2028 Notes when due, upon the satisfaction of the conditions described in clauses 1, 2, 3, 4 and 5 of the preceding paragraph.

  • The Section 3.14 will cease to apply from and after the date, if at all, on which the Company exercises its Covenant Defeasance right pursuant to ‎Section 9.04.


More Definitions of Defeasance

Defeasance has the meaning specified in Section 1402.
Defeasance has the meaning specified in Section 4.02.
Defeasance is defined in Section 11.12.
Defeasance has the meaning specified in Section 12.02.
Defeasance has the meaning set forth in Section 11.02 hereof.
Defeasance has the meaning specified in Section 15.02.
Defeasance shall have the meaning set forth in Section 10.4.