Successor Corporation to Be Substituted. Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, sale or transfer of the properties and assets of the Company substantially as an entirety in accordance with Section 801 hereof, the successor corporation formed by such consolidation or into which the Company is merged or to which such conveyance, sale or transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation had been named as the Company herein, and thereafter the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE
Appears in 5 contracts
Samples: Indenture (Central Power & Light Co /Tx/), Indenture (Northeast Utilities System), Indenture (Public Service Co of Oklahoma)
Successor Corporation to Be Substituted. Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, sale transfer or transfer lease of the properties and assets of the Company substantially as an entirety in accordance with Section 801 hereof801, the successor corporation formed by such consolidation or into which the Company is merged or to which such conveyance, sale transfer or transfer lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation had been named as the Company herein, and thereafter the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE.
Appears in 3 contracts
Samples: Indenture (PPL Energy Supply LLC), Indenture (PPL Electric Utilities Corp), Midamerican Energy Holdings Co /New/
Successor Corporation to Be Substituted. Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, sale or transfer of the properties and assets of the Company substantially as an entirety in accordance with Section 801 hereof, the successor corporation formed by such consolidation or into which the Company is merged or to which such conveyance, sale or transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation had been named as the Company herein, and thereafter the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE.
Appears in 2 contracts
Samples: Western Massachusetts Electric Co, Northeast Utilities System
Successor Corporation to Be Substituted. Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, sale transfer or transfer lease of the properties and assets of the Company substantially as an entirety in accordance with Section 801 hereof801, the successor corporation Person formed by such consolidation or into which the Company is merged or to which such conveyance, sale transfer or transfer lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation Person had been named as the Company herein, and thereafter the predecessor corporation entity shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE.
Appears in 2 contracts
Samples: Indenture (Mid American Energy Holdings Co /New/), Midamerican Funding LLC
Successor Corporation to Be Substituted. Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, sale transfer or transfer lease of the properties and assets of the Company substantially as an entirety in accordance with Section 801 hereof801, the successor corporation formed by such consolidation or into which the Company is merged or to which such conveyance, sale transfer or transfer lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation had been named as the Company herein, and thereafter the predecessor corporation shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE
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Successor Corporation to Be Substituted. Upon any consolidation by the Company with or merger by the Company into any other corporation or any conveyance, sale transfer or transfer lease of the properties and assets of the Company substantially as an entirety in accordance with Section 801 hereof8.01, the successor corporation Person formed by such consolidation or into which the Company is merged or to which such conveyance, sale transfer or transfer lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation Person had been named as the Company herein, and thereafter the predecessor corporation entity shall be relieved of all obligations and covenants under this Indenture and the Securities. ARTICLE NINE.
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