Common use of Legal Defeasance and Covenant Defeasance Clause in Contracts

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 23 contracts

Sources: Second Supplemental Indenture (Warner Bros. Discovery, Inc.), Indenture (Warner Bros. Discovery, Inc.), First Supplemental Indenture (Warner Bros. Discovery, Inc.)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from its obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 14 contracts

Sources: Indenture (Tenneco Inc), Indenture (Tenneco Inc), Indenture (Tenneco Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Notes and under the Indenture with respect to the Securities Notes except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities Notes and in the Indenture with respect to the SecuritiesNotes, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 14 contracts

Sources: Intercreditor Agreement (Babcock & Wilcox Enterprises, Inc.), Indenture (Spirit AeroSystems Holdings, Inc.), Indenture (Warner Bros. Discovery, Inc.)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Securities, except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 13 contracts

Sources: First Supplemental Indenture (Vesta Insurance Group Inc), Indenture (MTS Inc), First Supplemental Indenture (Scot Inc)

Legal Defeasance and Covenant Defeasance. The Company and the Guarantors may be discharged from its their obligations under the Indenture, the Securities and under the Indenture with respect to the Securities Guarantees, except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Indenture, the Securities and in the Indenture with respect to the SecuritiesGuarantees, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 12 contracts

Sources: Indenture (Lin Tv Corp.), Indenture (Lin Tv Corp), Indenture (Lin Television Corp)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 11 contracts

Sources: Indenture (Leslies Poolmart Inc), Indenture (Hermes Europe Railtel B V), Indenture (Leslies Poolmart Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Notes except for certain provisions thereof, and may be discharged from its obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the SecuritiesNotes, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 6 contracts

Sources: Ninth Supplemental Indenture (Dana Inc), Seventh Supplemental Indenture (Dana Inc), Indenture (Dana Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Indenture and the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 5 contracts

Sources: Indenture (Packaged Ice Inc), Indenture (Packaged Ice Inc), Indenture (Packaged Ice Inc)

Legal Defeasance and Covenant Defeasance. The Company may be ---------------------------------------- discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Notes except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 4 contracts

Sources: Indenture (Cybernet Internet Services International Inc), Indenture (Cybernet Internet Services International Inc), Indenture (Cybernet Internet Services International Inc)

Legal Defeasance and Covenant Defeasance. The Company Holdings may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Securities, except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 4 contracts

Sources: Indenture (Lin Television Corp), Indenture (Manischewitz B Co LLC), Indenture (Rab Enterprises Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its their obligations under the Securities Indenture and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from their obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 3 contracts

Sources: Indenture (Leslies Poolmart Inc), Indenture (Leslies Poolmart Inc), Indenture (Leslies Poolmart Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Notes except for certain provisions thereofthereof (“Legal Defeasance”), and may be discharged from its obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities(“Covenant Defeasance”), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 3 contracts

Sources: Indenture (Stena Ab), Indenture (Stena Ab), Guarantee Agreement (Central European Distribution Corp)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Notes except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from their obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 3 contracts

Sources: Indenture (Versatel Telecom International N V), Indenture (Versatel Telecom International N V), Indenture (Versatel Telecom Bv)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities except for certain provisions thereofthereof ("Legal Defeasance"), ---------------- and may be discharged from its obligations to comply with certain covenants contained in the Indenture and the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each ------------------- case upon satisfaction of certain conditions specified in the Indenture.

Appears in 2 contracts

Sources: Indenture (Call Points Inc), Unit Agreement (Call Points Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and Obligations under the Indenture with respect to and the Securities except for certain provisions thereof, and may be discharged from obligations its Obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 2 contracts

Sources: Indenture (Scientific Games Corp), Indenture (Scientific Games Corp)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Dollar Notes except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from their obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Versatel Telecom International N V)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and Obligations under the Indenture with respect to and the Securities Securities, except for certain provisions thereof, and may be discharged from obligations Obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (MTS Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its their obligations under the Securities Indenture and under the Indenture with respect to the Securities Securities, except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (General Chemical Group Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.. ActiveUS 181772720

Appears in 1 contract

Sources: Supplemental Indenture (Discovery, Inc.)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Securities, except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Indenture and the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Aearo CO I)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Securities, except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants cove- nants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Trans Resources Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture, as supplemented by the Sixth Supplemental Indenture.

Appears in 1 contract

Sources: Supplemental Indenture (Discovery Communications, Inc.)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Securities, except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture. 13.

Appears in 1 contract

Sources: Indenture Agreement (MTS Inc)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture, as supplemented by the Thirteenth Supplemental Indenture.

Appears in 1 contract

Sources: Thirteenth Supplemental Indenture (Discovery Communications, Inc.)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and under the Indenture with respect to the Securities except for certain provisions thereof, and may be discharged from obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture, as supplemented by the Eighth Supplemental Indenture.

Appears in 1 contract

Sources: Eighth Supplemental Indenture (Discovery Communications, Inc.)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Euro Notes except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from their obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Versatel Telecom International N V)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture and under the Indenture with respect to the Securities Notes except for certain provisions thereofthereof (Legal Defeasance), and may be discharged from its obligations to comply with certain covenants contained in the Securities and in the Indenture with respect to the Securities(Covenant Defeasance), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Stena Ab)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and their Obligations under the Indenture with respect to and the Securities except for certain provisions thereof, and may be discharged from obligations their Obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Autotote Corp)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Indenture, the Securities and under the Indenture with respect to the Securities Security Documents, except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Indenture, the Securities and in the Indenture with respect to the SecuritiesSecurity Documents ("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Sheffield Steel Corp)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities Indenture, the Notes and under the Indenture with respect to the Securities Security Documents, except for certain provisions thereofthereof ("Legal Defeasance"), and may be discharged from its obligations to comply with certain covenants contained in the Securities Indenture, the Notes and in the Indenture with respect to the SecuritiesSecurity Documents ("Covenant Defeasance"), in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Sheffield Steel Corp)

Legal Defeasance and Covenant Defeasance. The Company may be discharged from its obligations under the Securities and Obligations under the Indenture with respect to and the Securities except for certain provisions thereof, and may be discharged from obligations Obligations to comply with certain covenants contained in the Securities Indenture and in the Indenture with respect to the Securities, in each case upon satisfaction of certain conditions specified in the Indenture.

Appears in 1 contract

Sources: Indenture (Autotote Corp)