Common use of Release of Obligations Under Certain Covenants Clause in Contracts

Release of Obligations Under Certain Covenants. Subject to this Section 1.02 becoming operative as described in Section 2.01, the Company may omit to comply with, and shall have no liability in respect of, any term, condition or limitation deleted pursuant to the Sections listed in Section 1.01 hereof, whether directly or indirectly, by reason of any reference in the Indenture or other documents to any such Section or by reason of any reference in any such Section to any other provision in the Indenture or in any other document, and such omission to comply shall not constitute a Default or an Event of Default under Section 6.01 of the Indenture.

Appears in 1 contract

Sources: Second Supplemental Indenture (Ameristar Casinos Inc)

Release of Obligations Under Certain Covenants. Subject to this Section 1.02 becoming operative as described in Section 2.01, the Company may omit to comply with, and shall have no liability in respect of, any term, condition or limitation deleted pursuant to the Sections listed in Section 1.01 hereof, whether directly or indirectly, by reason of any reference in the Original Indenture or other documents to any such Section or by reason of any reference in any such Section to any other provision in the Original Indenture or in any other document, and such omission to comply shall not constitute a Default or an Event of Default under Section 6.01 6.1 of the Indenture.

Appears in 1 contract

Sources: First Supplemental Indenture (Leslies Poolmart Inc)