Common use of Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance Clause in Contracts

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 30 contracts

Sources: Indenture (Beach Acquisition Co Parent, LLC), Indenture (Builders FirstSource, Inc.), Indenture (Wayfair Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section SECTIONS 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article ARTICLE VIII.

Appears in 6 contracts

Sources: Indenture (iHeartMedia, Inc.), Indenture (iHeartMedia, Inc.), Indenture (iHeartMedia, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or Section 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 5 contracts

Sources: Indenture (CoreWeave, Inc.), Indenture (loanDepot, Inc.), Indenture (loanDepot, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and may at any time, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article VIII.

Appears in 3 contracts

Sources: Indenture (Edgen Group Inc.), Indenture (Edgen Murray II, L.P.), Indenture (Easton-Bell Sports, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Issuers, the Company and the other Guarantors may, at its their option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 2 contracts

Sources: Indenture (Restaurant Brands International Inc.), Indenture (Restaurant Brands International Limited Partnership)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section Sections 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (Atento S.A.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes of any series upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (OneMain Financial Holdings, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 Sections ‎8.2 or 8.3 ‎8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article ‎Article VIII.

Appears in 1 contract

Sources: Indenture (Atento S.A.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (TUTOR PERINI Corp)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its option and at any time, elect to have either Section 8.2 14.2 or 8.3 Section 14.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIIIXIV.

Appears in 1 contract

Sources: Indenture (Trump Media & Technology Group Corp.)

Option to Effect Legal Defeasance or Covenant Defeasance; Defeasance. The Company may, at its their option and at any time, elect to have either Section 8.2 or 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article VIII.

Appears in 1 contract

Sources: Indenture (American Capital, LTD)