Common use of Additional Covenant Defeasance Clause in Contracts

Additional Covenant Defeasance. In addition to the covenants set forth in Section 11.02(b)(ii) of the Original Indenture, the Company at any time may terminate, with respect to Debt Securities of a particular series, its obligations under Section 2.02 of this Second Supplemental Indenture, upon the terms and subject to the conditions of Article XI of the Original Indenture. If the Company exercises, with respect to a particular series of Debt Securities, its "covenant defeasance option" under Section 11.02(b)(ii) of the Original Indenture, as supplemented by this Second Supplemental Indenture, then, in addition to the Events of Default specified in the second sentence of the second paragraph of Section 11.02(b) of the Original Indenture, payment of the Debt Securities of the defeased series may not be accelerated because of the Event of Default specified in Section 2.03 of this Second Supplemental Indenture.