CAPITALIZED LEASE means any obligation of a Person to pay rent
or other amounts incurred with respect to real property or equipment acquired or leased by such Person and used in its business that is required to be recorded as a capital lease in accordance with GAAP; provided that, for purposes of this
definition only, GAAP shall mean GAAP as in effect as of November 25, 2019 and not as in effect from time to time.
CERTIFICATE means a certificate signed by the principal executive officer, the principal financial officer or the
principal accounting officer of the Company. The Certificate need not comply with the provisions of Section 12.07.
COMMISSION means the Securities and Exchange Commission.
COMPANY means Laboratory Corporation of America Holdings, a corporation duly organized and existing under the laws
of the State of Delaware until a successor replaces it in accordance with Article V and thereafter means the successor and, for purposes of any provision contained herein and required by the TIA, each other obligor on the Securities.
CONTROL shall mean the possession, directly or indirectly, of the power to direct or cause the direction of the
management or policies of a Person, whether through the ownership of voting securities, by contract or otherwise, and the terms Controlled and Controlling shall have meanings correlative thereto.
CORPORATE TRUST OFFICE means the designated office of the Trustee at which, at any particular time, this corporate
trust account shall be principally administered, which office at the date hereof is located at 214 N. Tryon Street, 27th Floor, Charlotte, NC 28202.
COVENANT DEFEASANCE OPTION has the meaning given in Section 10.02.
CUSTODIAN means any receiver, trustee, assignee, liquidator or similar official under any Bankruptcy Law.
DEFAULT means any event, act or condition which is, or that with notice or lapse of time, or both, would
constitute an Event of Default.
DEFAULTED INTEREST has the meaning given in Section 2.03.
DEPOSITARY means, with respect to Securities of any series, for which the Company shall determine that such
Securities will be issued as a Global Security, The Depository Trust Company, New York, New York, another clearing agency, or any successor registered as a clearing agency under the Exchange Act, or other applicable statute or regulation, which, in
each case, shall be designated by the Company pursuant to either Section 2.01 or 2.11.
EVENT OF DEFAULT
means, with respect to Securities of a particular series any event specified in Section 6.01, continued for the period of time, if any, therein designated.
EXCHANGE ACT means the Securities Exchange Act of 1934, as amended, or any successor statute or statutes thereto.
GAAP means generally accepted accounting principles in the United States of America in effect from time to
time, including those set forth in the opinions and pronouncements of the Accounting Principles Board of the American Institute of Certified Public Accountants and statements of pronouncements of the Financial Accounting Standards Board or such
other entity as are approved by a significant segment of the accounting profession.
GLOBAL SECURITY means,
with respect to any series of Securities, a Security executed by the Company and delivered by the Trustee to the Depositary or pursuant to the Depositarys instruction, all in accordance with the Indenture, which shall be registered in the name
of the Depositary or its nominee.
GOVERNMENTAL OBLIGATIONS means securities that are (i) direct
obligations of the United States of America for the payment of which its full faith and credit is pledged or (ii) obligations of a Person Controlled or supervised by and acting as an agency or instrumentality of the United States of America,
the payment of which is
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