Release of Note Guarantees. (a) A Note Guarantee by a Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Guarantor, the Company or the Trustee shall be required for the release of such Guarantor’s Note Guarantee, upon:
Release of Note Guarantees. The Note Guarantee issued by any Subsidiary Guarantor will be automatically and unconditionally released and discharged upon:
Release of Note Guarantees. Notwithstanding the provisions of Section 1302, Note Guarantees will be subject to termination and discharge under the circumstances described in this Section 1303:
Release of Note Guarantees. For all purposes under the Guarantee and Collateral Agreement, each Holder by accepting a Note will be deemed to have consented to the release of the Note Guarantee of a Guarantor if the Company has delivered to the Trustee an Officers’ Certificate stating that:
Release of Note Guarantees. The Note Guarantee of a Guarantor (other than Carnival plc) shall automatically be released:
Release of Note Guarantees. In the event of:
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 to any Person (other than the Company or another Restricted Subsidiary of the Company) of all of the Capital Stock of such Subsidiary Guarantor, (ii) the designation of such Subsidiary Guarantor as an Unrestricted Subsidiary, in 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.
Release of Note Guarantees. Upon the sale by the Company or any Subsidiary of all or substantially all of the assets of any Subsidiary Guarantor or all of the Capital Stock of any Subsidiary Guarantor, such Guarantor (in the event of a sale or other disposition of all of the Capital Stock of such Subsidiary Guarantor) or the corporation acquiring such assets (in the event of a sale or other disposition of all or substantially all of the assets of such Subsidiary Guarantor) shall be automatically and unconditionally released and discharged of its Note Guarantee obligations.
Release of Note Guarantees. The Note Guarantee of a Subsidiary Guarantor shall be automatically and unconditionally released and discharged: (1) (a) upon any sale, exchange, disposition, issuance or transfer (by merger, amalgamation, consolidation or otherwise) of: (i) the Capital Stock of such Subsidiary Guarantor or any holder of Capital Stock of such Subsidiary Guarantor, after which the applicable Subsidiary Guarantor is no longer a Subsidiary of Holdings, or (ii) all or substantially all the assets of such Subsidiary Guarantor, in the case of each of clause (i) and (ii), if such sale, exchange, disposition, issuance or transfer does not violate the applicable provisions of this Indenture required to be satisfied in connection therewith at the time thereof; or (b) upon the release or discharge of the obligations of such Subsidiary Guarantor under the Senior Credit Facilities or such other Indebtedness that gave rise to the requirement to provide such a Note Guarantee pursuant to Section 4.09; provided that the guarantee by such Note Guarantor of the Existing Secured Notes is also released contemporaneously with or prior to such time. (it being understood that a release subject to a contingent reinstatement is still a release, and that if any such obligations are so reinstated, such Note Guarantee shall also be reinstated to the extent that such Subsidiary Guarantor would then be required to provide a Note Guarantee pursuant to Section 4.09); or (c) upon the designation of such Subsidiary Guarantor as an Unrestricted Subsidiary in compliance with the applicable provisions of this Indenture; or (d) upon the exercise by the Issuer of its Legal Defeasance or Covenant Defeasance option pursuant to Article 8 or the discharge of the Issuer’s obligations under this Indenture in accordance with the terms of this Indenture; or (e) in connection with the dissolution or liquidation of such Subsidiary Guarantor; or (f) with the consent of the Holders in accordance with Article 9; and (2) Holdings delivering to the Trustee an Officer’s Certificate and an Opinion of Counsel stating that all conditions precedent provided for in this Indenture relating to the release
Release of Note Guarantees. (a) If no Default has occurred and is continuing under this Indenture, and to the extent not otherwise prohibited by this Indenture, a Subsidiary Guarantor will be unconditionally released and discharged from its Note Guarantee:
