Indenture Covenant definition
Examples of Indenture Covenant in a sentence
The Company may be ---------------------------------------- discharged from its obligations under the Indenture and the Notes except for certain provisions thereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Indenture ("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.
The Company may be discharged from its obligations under the Indenture and the Notes except for certain provisions thereof ("Legal Defeasance"), and may be discharged from their obligations to comply with certain covenants contained in the Indenture ("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.
The Company may be discharged from its obligations under the Indenture and the Notes except for certain provisions thereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Indenture ("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.
Article Ten of the Indenture (Satisfaction and Discharge of Indenture; Covenant Defeasance; Unclaimed Moneys).
In addition, the Company may, at its option and at any time, elect to have the obligations of the Company released with respect to covenants contained in Sections 4.10 through 4.20 and Article Five of this Indenture ("Covenant Defeasance") and thereafter any omission to comply with such obligations shall not constitute a Default or Event of Default with respect to the Notes.
Consequently, notwithstanding any of the provisions of any covenant contained in Sections 7.1(b) and (c), 7.4(c), 7.5(a), 7.6(a), (c) and (d) and 7.10 and that, but for this Section 11.16, would constitute a breach of any Indenture Covenant, the Obligors shall not be required to comply with such covenants to the extent that to do so would constitute a breach of an Indenture Covenant.
In addition, the Company may, at its option and at any time, elect to have the obligations of the Company and the Subsidiary Guarantors released with respect to certain covenants that are described in this Indenture ("Covenant Defeasance") and thereafter any omission to comply with such obligations shall not constitute a Default or Event of Default with respect to the Securities.
The Company may be discharged from its obligations under the Indenture and the Dollar Notes except for certain provisions thereof ("Legal Defeasance"), and may be discharged from their obligations to comply with certain covenants contained in the Indenture ("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.
SECTION 10.1 Satisfaction and Discharge of Indenture; Covenant Defeasance..............44 SECTION 10.2 Application by Trustee of Funds Deposited for Payment of Securities....
The terms and provisions contained in the Notes of any series shall constitute, and are hereby expressly made, a part of this Indenture and the Fincos and the Trustee, by their execution and delivery of this Indenture, and, from and after the consummation of the Mergers and upon the execution and delivery of a supplemental indenture to this Indenture, Covenant Parent and its Restricted Subsidiaries expressly agree to such terms and provisions and to be bound thereby.