Release of Note Guarantees. The Note Guarantee issued by any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (i) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not an Affiliate of the Company of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, such Subsidiary Guarantor (which such sale, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance with the terms of this Indenture.
Appears in 1 contract
Samples: Steel Dynamics Inc
Release of Note Guarantees. The Note Guarantee issued by any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (i) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not an Affiliate of the Company of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, such Subsidiary Guarantor (which such sale, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance with the terms of this Indenture.
Appears in 1 contract
Samples: PSF Group Holdings Inc
Release of Note Guarantees. The Note Guarantee issued by -------------------------- any Guarantor or Restricted Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (i) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not an Affiliate of the Company of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, such Guarantor or Restricted Subsidiary Guarantor (which such sale, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance each case in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Marvel Enterprises Inc
Release of Note Guarantees. The Note Guarantee issued by -------------------------- any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (i) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not an Affiliate (other than the Company or another Subsidiary of the Company Company) of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, of such Subsidiary Guarantor (which such sale, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance each case in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Urs Corp /New/
Release of Note Guarantees. The Note Guarantee issued by any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (iI) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not (other than an Affiliate of the Company Company) of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, of such Subsidiary Guarantor (which such sale, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance each case in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Servico Market Center Inc
Release of Note Guarantees. The Note Guarantee issued by any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (i) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not an Affiliate (other than the Company or another Restricted Subsidiary of the Company Company) of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, of such Subsidiary Guarantor (which such saleGuarantor, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance each case in compliance with the terms of this Indenture, or (iii) the release or discharge of the Guarantee which resulted in the creation of such Note Guarantee pursuant to Section 4.06.
Appears in 1 contract
Samples: Indenture (Urs Corp /New/)
Release of Note Guarantees. The Note Guarantee issued by any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon (i) any sale, exchange or transfer (including by way of merger or consolidation) to any Person not person (other than an Affiliate of the Company Company) of all of the Company's and each Restricted Subsidiary's Capital Stock in, or all or substantially all the assets of, of such Subsidiary Guarantor (which such sale, exchange or transfer is not prohibited by this Indenture) or (ii) the designation of such Subsidiary Guarantor or Restricted Subsidiary as an Unrestricted Subsidiary, in accordance each case in compliance with the terms of this Indenture.
Appears in 1 contract
Samples: Jones Lang Lasalle Inc