Common use of Assumption of Obligations by Successor Corporation Clause in Contracts

Assumption of Obligations by Successor Corporation. Pursuant to Section 9.1 of the Indenture, the Successor Corporation does hereby: (i) expressly assume the due and punctual payment of the principal of and interest on all the Securities and Coupons, if any, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed or observed by Xxxxxx Xxxxxxx; (ii) agrees to succeed to and be substituted for Xxxxxx Xxxxxxx under the Indenture with the same effect as if it had been named therein; and (iii) represent that it is not in default in the performance of any such covenant and condition.

Appears in 2 contracts

Samples: Dean Witter Discover & Co, Dean Witter Discover & Co

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Assumption of Obligations by Successor Corporation. Pursuant to Section Sections 9.1 and 9.2 of the Indenture, the Successor Corporation does hereby: (i) expressly assume the due and punctual payment of the principal of and interest on all the Securities and Coupons, if any, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed or observed by Xxxxxx Xxxxxxx; (ii) agrees to succeed to and be substituted for Xxxxxx Xxxxxxx under the Indenture with the same effect as if it had been named therein; and (iii) represent that it is not in default in the performance of any such covenant and condition.

Appears in 1 contract

Samples: Dean Witter Discover & Co

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Assumption of Obligations by Successor Corporation. Pursuant to Section 9.1 of the Indenture, the Successor Corporation does hereby: (i) expressly assume the due and punctual payment of the principal of and interest on all the Securities and Coupons, if any, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed or observed by Xxxxxx Xxxxxxx; (ii) agrees agree to succeed to and be substituted for Xxxxxx Xxxxxxx under the Indenture with the same effect as if it had been named therein; and (iii) represent that it is not in default in the performance of any such covenant and condition.

Appears in 1 contract

Samples: Dean Witter Discover & Co

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