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

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 6 contracts

Sources: Indenture (Viasat Inc), Indenture (Maxar Technologies Inc.), Indenture (Viasat Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any timeoption, elect to have either Section 8.02 9.02 or 8.03 hereof 9.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 89.

Appears in 6 contracts

Sources: Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.), Indenture (CURO Group Holdings Corp.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8.

Appears in 6 contracts

Sources: Indenture (SMART Global Holdings, Inc.), Indenture (Equinix Inc), Indenture (Equinix Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 of this Indenture or Section 8.03 hereof of this Indenture applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 5 contracts

Sources: Senior Notes Indenture (AdaptHealth Corp.), Senior Notes Indenture (AdaptHealth Corp.), Senior Notes Indenture (AdaptHealth Corp.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and may at any time, time elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and the Note Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 5 contracts

Sources: Indenture (Carriage Services Inc), Indenture (Tennant Co), Indenture (Ritchie Bros Auctioneers Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes and all obligations of the Guarantors with respect to the Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 5 contracts

Sources: Indenture (Healthequity, Inc.), Indenture (LPL Financial Holdings Inc.), Indenture (LPL Financial Holdings Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and may at any time, time elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 5 contracts

Sources: Indenture (Amerco /Nv/), Indenture (Amerco /Nv/), Indenture (Amerco /Nv/)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 9.02 or 8.03 hereof 9.03 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8Nine.

Appears in 5 contracts

Sources: Fifth Supplemental Indenture (SM Energy Co), Indenture (SM Energy Co), Fourth Supplemental Indenture (SM Energy Co)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 4 contracts

Sources: Indenture (Service Properties Trust), Indenture (Service Properties Trust), Indenture (Maxar Technologies Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, may elect to have either Section 8.02 9.2 or 8.03 hereof 9.3 be applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8IX.

Appears in 4 contracts

Sources: Indenture (Jazz Casino Co LLC), Indenture (Jazz Casino Co LLC), Indenture (Jazz Casino Co LLC)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 9.02 or 8.03 hereof Section 9.03 applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 89.

Appears in 4 contracts

Sources: Fourth Supplemental Indenture (IHS Markit Ltd.), Third Supplemental Indenture (IHS Markit Ltd.), Second Supplemental Indenture (IHS Markit Ltd.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied with respect to all the outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 4 contracts

Sources: Indenture (Six Flags Entertainment Corp), Indenture (Six Flags Entertainment Corp), Indenture (Six Flags Entertainment Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied with respect to all outstanding Notes and all obligations of the Subsidiary Guarantors upon compliance with the conditions set forth below in this Article 8.

Appears in 4 contracts

Sources: Indenture (Comstock Resources Inc), Indenture (Comstock Resources Inc), Indenture (Comstock Resources Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 4 contracts

Sources: Indenture (Novelis Inc.), Indenture (Novelis Inc.), Indenture (ClubCorp Holdings, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8.

Appears in 3 contracts

Sources: Indenture (Price Communications Corp), Indenture (Price Communications Corp), Indenture (Price Communications Wireless Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time within one year of the Stated Maturity of the Securities, elect to have Section 8.2 or may, at any time, elect to have either Section 8.02 or 8.03 hereof 8.3 applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 3 contracts

Sources: Indenture (HMH Properties Inc), Indenture (HMH Properties Inc), Indenture (HMH Properties Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and the Subsidiary Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 3 contracts

Sources: First Supplemental Indenture (DRS Technologies Inc), First Supplemental Indenture (DRS Technologies Inc), Indenture (Gardner Denver Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at the option of its option and Board of Directors evidenced by a Board Resolution, at any time, elect to have either Section 8.02 8.2 or 8.03 hereof Section 8.3 be applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 2 contracts

Sources: Indenture (Stanley Works), Indenture (Black & Decker Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the applicable conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Cascades Inc), Indenture

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied with respect to all outstanding Notes and all obligations of the Subsidiary Guarantors upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Comstock Oil & Gas, LP), Indenture (Comstock Oil & Gas, LP)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes (including any Subsidiary Guarantees) upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Apparel Holding Corp.), Indenture (Apparel Holding Corp.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Notes and all obligations of the Guarantors with respect to the Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Stericycle Inc), Indenture (Stericycle Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes (including the Subsidiary Guarantees) upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Broder Bros Co), Indenture (Danka Business Systems PLC)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company mayCompanies at their option, at its option and may at any time, time elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 2 contracts

Sources: Indenture (Amerco /Nv/), Indenture (Sac Holding Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Walker & Dunlop, Inc.), Indenture (Ocwen Financial Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Videotron Ltee), Indenture (Prestige Brands Holdings, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes Securities of any Series upon compliance with the conditions set forth below in this Article 8Eight.

Appears in 2 contracts

Sources: Indenture (Xilinx Inc), Indenture (Xilinx Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Anc Rental Corp), Indenture (Anc Rental Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have exercise its rights under either Section 8.02 or 8.03 hereof applied with respect to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Fifth Supplemental Indenture (Whiting Petroleum Corp), Fourth Supplemental Indenture (Whiting Petroleum Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all al1 outstanding Notes Securities and Security Documents upon compliance with the conditions set forth below in this Article 8.

Appears in 2 contracts

Sources: Indenture (Montgomery Cellular Telephone Co Inc), Indenture (Price Communications Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.2 or 8.03 hereof Section 8.3 applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 2 contracts

Sources: Indenture (Employee Solutions Inc), Indenture (Pricellular Wireless Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes and all obligations of the Guarantors with respect to the Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Dominion Textile (Usa), L.L.C.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (GNLV Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and may at any time, time elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes Securities of any Series upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Visteon European Holdings, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes and all obligations of the Guarantors with respect to their Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Blount International Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Second Lien Exchangeable Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Second Lien Exchangeable Senior Secured Pik Notes Indenture (WeWork Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.3 or 8.03 Section 8.4 hereof be applied to all outstanding Notes Outstanding Securities of any Series upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 1 contract

Sources: Indenture (Sterling Bancorp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.2 or 8.03 hereof Section 8.3 be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8ARTICLE VIII above.

Appears in 1 contract

Sources: Indenture (California Resources Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company Companies may, at its their option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Twi Holdings Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and may at any time, time elect to have either Section 8.02 8.2 or 8.03 8.3 hereof be applied to all outstanding Notes Securities of any Series upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 1 contract

Sources: Indenture (CNO Financial Group, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Price Communications Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Valassis Communications Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 9.02 or 8.03 hereof 9.03 be applied with respect to all outstanding Notes and all obligations of the Subsidiary Guarantors upon compliance with the conditions set forth below in this Article 89.

Appears in 1 contract

Sources: First Supplemental Indenture (Comstock Resources Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, may at its option and at any time, time elect to have either Section 8.02 8.2 or 8.03 hereof Section 8.3 applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 1 contract

Sources: Indenture (Horseshoe Gaming LLC)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and may at any time, time elect to have either Section 8.02 12.02 or 8.03 hereof 12.03 be applied to all outstanding Notes Outstanding Securities upon compliance with the conditions set forth below in this Article 8XII.

Appears in 1 contract

Sources: Indenture (Herc Holdings Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 (“Legal Defeasance and Discharge”) or 8.03 (“Covenant Defeasance”) hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 1 contract

Sources: Indenture (Pioneer Drilling Co)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.01(b) or 8.03 Section 8.01(c) hereof applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Evercore Partners Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, may at its option and at any time, time elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: First Supplemental Indenture (Chemtura CORP)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied with respect to all outstanding Notes and all obligations of the Guarantors upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Pacific Drilling S.A.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.2 or 8.03 hereof Section 8.3 applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Gibraltar Industries, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: First Supplemental Indenture (Mariner Energy Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 8.2 or 8.03 Section 8.3 hereof be applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Tetralogic Pharmaceuticals Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied with respect to all outstanding Notes and all outstanding Note Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Haights Cross Communications Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and evidenced by a Board Resolution or an Officers’ Certificate, at any time, with respect to the Securities of any Series, elect to have either Section 8.02 8.2 or 8.03 hereof 8.3 be applied to all of the outstanding Notes Securities of such Series upon compliance with the conditions set forth below in this Article 8VIII.

Appears in 1 contract

Sources: Indenture (Ca, Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 9.02 (“Legal Defeasance and Discharge”) or 8.03 Section 9.03 (“Covenant Defeasance”) hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8IX.

Appears in 1 contract

Sources: Indenture (Pioneer Energy Services Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time elect to have Section 9.2 or may, at any time, elect to have either Section 8.02 or 8.03 hereof 9.3 applied to all outstanding Notes Securities upon compliance with the conditions set forth below in this Article 8IX.

Appears in 1 contract

Sources: Indenture (Laboratory Corp of America Holdings)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof be applied with respect to all outstanding Notes and all obligations of the Guarantors upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Vantage Drilling International)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes and all obligations of the Guarantors upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Belden Inc.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and option, at any time, elect to have either Section 8.02 or 8.03 hereof applied to all outstanding Notes and Note Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Pagaya Technologies Ltd.)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Notes and the Note Guarantees upon compliance with the conditions set forth below in this Article ARTICLE 8.

Appears in 1 contract

Sources: First Supplemental Indenture (DIEBOLD NIXDORF, Inc)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or Section 8.03 hereof applied to all outstanding Notes and the Note Guarantees upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Banro Corp)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section ‎Section 8.02 or 8.03 hereof ‎8.03 be applied with respect to all outstanding Notes and all obligations of the Subsidiary Guarantors upon compliance with the conditions set forth below in this Article 8.

Appears in 1 contract

Sources: Indenture (Comstock Oil & Gas GP, LLC)

Option to Effect Legal Defeasance or Covenant Defeasance. (a) The Company may, at its option and at any time, elect to have either Section 8.02 or 8.03 hereof be applied to all outstanding Notes upon compliance with the conditions set forth below in this Article 8.. ​

Appears in 1 contract

Sources: Indenture (Videotron Ltee)