Common use of Succession and Assumption of Obligations Clause in Contracts

Succession and Assumption of Obligations. Effective as of the date hereof, MRH LLC hereby (a) succeeds to, is substituted for and may exercise every right and power of MRHI under the Indenture with the same effect as if MRH LLC had been named in the Indenture, and (b) assumes all of the obligations and covenants of MRHI under the Indenture and the Securities, including all covenants of MRHI contained in the Indenture and the Securities, as the case may be, and MRHI is hereby relieved of all of its obligations and covenants under the Indenture and the Securities. MRH LLC hereby succeeds to and is substituted for MRHI in the Indenture with the same effect as if MRH LLC had been named in the Indenture as a party thereto. Upon the effectiveness of this Supplemental Indenture, all appearances of the term “Company” in the Indenture and the Securities shall be deemed to mean and apply to MRH LLC. For the avoidance of doubt, MRI LLC hereby confirms that it succeeds to, and is substituted for, and may exercise every right and power of, MRHI as Company under the Indenture and the Securities with the same effect as if MRI LLC had been named as “Company” in the Indenture and the Securities.

Succession and Assumption of Obligations. Effective as of the date hereof, MRH LLC MRHI Delaware hereby (a) succeeds to, is substituted for and may exercise every right and power of MRHI New York under the Indenture with the same effect as if MRH LLC MRHI Delaware had been named in the Indenture, and (b) assumes all of the obligations and covenants of MRHI New York under the Indenture and the Securities, including all covenants of MRHI New York contained in the Indenture and the Securities, as the case may be, and MRHI New York is hereby relieved of all of its obligations and covenants under the Indenture and the Securities. MRH LLC MRHI Delaware hereby succeeds to and is substituted for MRHI New York in the Indenture with the same effect as if MRH LLC MRHI Delaware had been named in the Indenture as a party thereto. Upon the effectiveness of this Supplemental Indenture, all appearances of the term “Company” in the Indenture and the Securities shall be deemed to mean and apply to MRH LLC. For the avoidance of doubt, MRI LLC hereby confirms that it succeeds to, and is substituted for, and may exercise every right and power of, MRHI as Company under the Indenture and the Securities with the same effect as if MRI LLC had been named as “Company” in the Indenture and the SecuritiesDelaware.

Succession and Assumption of Obligations. Effective as of the date hereof, MRH LLC OH hereby (a) succeeds to, is substituted for and may exercise every right and power of MRHI MRH DE under the Indenture with the same effect as if MRH LLC OH had been named in the Indenture, and (b) assumes all of the obligations and covenants of MRHI MRH DE under the Indenture and the Securities, including all covenants of MRHI MRH DE contained in the Indenture and the Securities, as the case may be, and MRHI MRH DE is hereby relieved of all of its obligations and covenants under the Indenture and the Securities. MRH LLC hereby XX xxxxxx succeeds to and is substituted for MRHI MRH DE in the Indenture with the same effect as if MRH LLC OH had been named in the Indenture as a party thereto. Upon the effectiveness of this Supplemental Indenture, all appearances of the term “Company” in the Indenture and the Securities shall be deemed to mean and apply to MRH LLCOH. For the avoidance of doubt, MRI LLC hereby XXX XX xxxxxx confirms that it succeeds to, and is substituted for, and may exercise every right and power of, MRHI MRH DE as Company under the Indenture and the Securities with the same effect as if MRI LLC MRH OH had been named as “Company” in the Indenture and the Securities.

Succession and Assumption of Obligations. Effective as of the date hereof, MRH LLC OH hereby (a) succeeds to, is substituted for and may exercise every right and power of MRHI MRH DE under the Indenture with the same effect as if MRH LLC OH had been named in the Indenture, and (b) assumes all of the obligations and covenants of MRHI MRH DE under the Indenture and the Securities, including all covenants of MRHI MRH DE contained in the Indenture and the Securities, as the case may be, and MRHI MRH DE is hereby relieved of all of its obligations and covenants under the Indenture and the Securities. MRH LLC hereby XX xxxxxx succeeds to and is substituted for MRHI MRH DE in the Indenture with the same effect as if MRH LLC OH had been named in the Indenture as a party thereto. Upon the effectiveness of this Supplemental Indenture, all appearances of the term “Company” in the Indenture and the Securities shall be deemed to mean and apply to MRH LLCOH. For the avoidance of doubt, MRI LLC hereby MRH XX xxxxxx confirms that it succeeds to, and is substituted for, and may exercise every right and power of, MRHI MRH DE as Company under the Indenture and the Securities with the same effect as if MRI LLC MRH OH had been named as “Company” in the Indenture and the Securities.