Common use of Effectiveness; Revocation Clause in Contracts

Effectiveness; Revocation. Notwithstanding anything to the contrary herein, this Supplemental Indenture shall become effective and binding on the Issuer, the Guarantors, the Trustee and every Holder of the Notes heretofore or hereafter authenticated and delivered under the Indenture upon the execution and delivery by the parties of this Supplemental Indenture, but the amendments to the Indenture and the Notes pursuant to this Supplemental Indenture (including Sections 2 and 3 above) shall become operative only at the time and date at which the relevant consideration described in the Statement has been paid in respect of Notes representing the Requisite Consents, which such payment shall occur on the final settlement date of the Tender Offer, as further described in the Statement. Nothing in this Supplemental Indenture, express or implied, shall give to any Person, other than the parties hereto and their successors under the Indenture and the Holders of the Notes, any benefit or any legal or equitable right, remedy or claim under the Indenture.

Appears in 4 contracts

Sources: Second Supplemental Indenture (Level 3 Parent, LLC), Supplemental Indenture (Level 3 Parent, LLC), Supplemental Indenture (Level 3 Parent, LLC)