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

Option to Effect Legal Defeasance or Covenant Defeasance. Unless Section 8.03 or 8.04 is otherwise specified to be inapplicable to Securities of a series, the Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.03 or 8.04 hereof be applied to all outstanding Securities of any such series upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. Unless Except as otherwise provided with respect to such series pursuant to Section 8.03 or 8.04 is otherwise specified to be inapplicable to Securities of a series2.03, the Company mayCompany, at the Company’s option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, and at any time, may elect to have either Section 8.03 8.06 or 8.04 hereof be Section 8.07 of this Indenture applied to all of the then outstanding Securities of any such series upon compliance with the conditions set forth below in this Article 8.

Option to Effect Legal Defeasance or Covenant Defeasance. Unless Section 8.03 or 8.04 is otherwise specified to be inapplicable to Securities of a series, the Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.03 or 8.04 hereof be applied to all outstanding Securities of any such series upon compliance with the conditions set forth below in this Article 8Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. Unless Section 8.03 or 8.04 is otherwise specified to be inapplicable to Securities of a series, the Company Issuer may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.03 or 8.04 hereof be applied to all outstanding Securities of any such series upon compliance with the conditions set forth below in this Article 8Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. Unless Section 8.03 or 8.04 is otherwise specified to be inapplicable to Securities of a series, the Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ ' Certificate, at any time, elect to have either Section 8.03 or 8.04 hereof be applied to all outstanding Securities of any such series upon compliance with the conditions set forth below in this Article 8Eight.

Option to Effect Legal Defeasance or Covenant Defeasance. Unless Section 8.03 or 8.04 is otherwise specified to be inapplicable to Securities of a series, the Company may, at the option of its Board of Directors evidenced by a resolution set forth in an Officers’ Certificate, at any time, elect to have either Section 8.03 or 8.04 hereof be applied to all outstanding Securities of any such series upon compliance with the conditions set forth below in this Article 8.