Common use of Releases Clause in Contracts

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 13 contracts

Samples: Supplemental Indenture (B&G Foods, Inc.), Supplemental Indenture (PRETIUM CANADA Co), Indenture (Isle of Capri Casinos Inc)

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Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the CompanySubsidiary, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 9 contracts

Samples: Indenture (Endo International PLC), Indenture (Endo Health Solutions Inc.), Indenture (Endo International PLC)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;.

Appears in 6 contracts

Samples: Indenture (WVLT-TV, Inc.), Indenture (Toreador Resources Corp), Indenture (Toreador Resources Corp)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the CompanyCompany if the sale or other disposition does not violate Section 4.10 hereof, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 3 contracts

Samples: Indenture (Nuverra Environmental Solutions, Inc.), Supplemental Indenture (Nuverra Environmental Solutions, Inc.), Supplemental Indenture (Nuverra Environmental Solutions, Inc.)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation Person acquiring the property will be automatically released and relieved of any obligations under the Note Guarantee;

Appears in 3 contracts

Samples: Supplemental Indenture (B&G Foods, Inc.), Indenture (B&G Foods, Inc.), Supplemental Indenture (B&G Foods, Inc.)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Subsidiary Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, if the sale or other disposition does not violate Section 4.10 hereof and is permitted by all of the Secured Debt Documents then the corporation acquiring the property will be released and relieved of any obligations under the applicable Note Guarantee;

Appears in 3 contracts

Samples: Indenture (Radio One, Inc.), Global Security (Radio One, Inc.), Canadian Collateral Trust Agreement (Primus Telecommunications Group Inc)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company Parent, the Issuers or a Restricted Subsidiary of the CompanySubsidiary, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 2 contracts

Samples: Paying Agent (Endo International PLC), Supplemental Indenture (Endo International PLC)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted another Subsidiary of the Company, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 2 contracts

Samples: Indenture (Castle a M & Co), Supplemental Indenture (Castle a M & Co)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation Person acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 2 contracts

Samples: Notes Indenture (Hillman Companies Inc), Indenture (Hillman Companies Inc)

Releases. (a) In the event of any sale sale, assignment, transfer, conveyance, or other disposition of all or substantially all of the assets of any Guarantor, by way of amalgamation, merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Indenture (Ritchie Bros Auctioneers Inc)

Releases. (a) In the event of any sale sale, assignment, transfer, conveyance, or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Tennant Company (Tennant Co)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company Parent or a Restricted Subsidiary of the CompanyParent, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Magnachip Semiconductor LLC

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Releases. (a) In the event of any a sale or other disposition of all or substantially all of the assets of any Guarantordisposition, including by way of merger, consolidation or otherwise, of all or substantially all of the assets or all of the Capital Stock of any Guarantor to a any Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property such Guarantor will be released and relieved of any obligations under the Note its Subsidiary Guarantee;, if:

Appears in 1 contract

Samples: Holly Corp

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, amalgamation, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, if the sale or other disposition does not violate Section 4.10 hereof then the corporation acquiring the property will be released and relieved of any obligations under the applicable Note Guarantee;

Appears in 1 contract

Samples: Indenture (Niska Gas Storage Partners LLC)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Subsidiary Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company Express or a Restricted Subsidiary of the CompanyExpress, then the corporation Person acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Indenture (Express Parent LLC)

Releases. (a) In the event of any sale sale, assignment, transfer, conveyance, or other disposition of all or substantially all of the assets of any Subsidiary Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Indenture (HC2 Holdings, Inc.)

Releases. (a) In the event of connection with any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Company, then the corporation acquiring the property and such Guarantor will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Memc Electronic Materials Inc

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets or all of the Capital Stock of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company or a Restricted Subsidiary of the Companyanother Guarantor, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Supplemental Indenture (Mindspeed Technologies, Inc)

Releases. (a) In the event of any sale or other disposition of all or substantially all of the assets of any Guarantor, by way of merger, consolidation or otherwise, to a Person that is not (either before or after giving effect to such transaction) the Company Xxxxxxx or a Restricted Subsidiary of the CompanyXxxxxxx, then the corporation acquiring the property will be released and relieved of any obligations under the Note Guarantee;

Appears in 1 contract

Samples: Indenture (Multiband Field Services Inc)

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