Common use of Successor Corporation Clause in Contracts

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities and the Indenture in accordance with the terms and conditions of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligations.

Appears in 21 contracts

Sources: First Supplemental Indenture (Chippac Inc), Supplemental Indenture (McData Corp), Supplemental Indenture (McData Corp)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities Notes and the Indenture in accordance with the terms and conditions of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligations.

Appears in 10 contracts

Sources: Indenture (Emcore Corp), Indenture (Rf Micro Devices Inc), Indenture (Act Manufacturing Inc)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities Notes and the Indenture (and in accordance with the terms and conditions of the Indenture), the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligations.

Appears in 5 contracts

Sources: Indenture (Lexington Precision Corp), Indenture (Lexington Precision Corp), Indenture (Lexington Precision Corp)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities this Security and the Indenture in accordance with the terms and conditions under Article 7 of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) shall be released from those obligations.

Appears in 4 contracts

Sources: Indenture Agreement (Fidelity National Title Group, Inc.), Indenture Agreement (Fidelity National Title Group, Inc.), Security Agreement (Fidelity National Title Group, Inc.)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities Notes and the Indenture in accordance and the transaction complies with the terms and conditions of Article Eight of the Indenture, the predecessor corporation will (will, except as provided in certain circumstances specified in the Indenture) Article Eight, be released from those obligations.

Appears in 3 contracts

Sources: Indenture (Nova Chemicals Corp /New), Indenture (Norske Skog Canada LTD), Indenture (Norske Skog Canada LTD)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities and the Indenture in accordance and the transaction complies with the terms and conditions of Article V of the Indenture, the predecessor corporation will (except in will, subject to certain circumstances specified in the Indenture) exceptions, be released from those obligations.

Appears in 2 contracts

Sources: Indenture (Big Flower Press Holdings Inc /Pred/), Indenture (Big Flower Holdings Inc/)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities Notes, the First Supplemental Indenture and the Indenture in accordance with the terms and conditions of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligations.

Appears in 2 contracts

Sources: Supplemental Indenture (Natural Microsystems Corp), Supplemental Indenture (Natural Microsystems Corp)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities this Security and the Indenture in accordance with the terms and conditions of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) shall be released from those obligations.

Appears in 2 contracts

Sources: Indenture Agreement (Fidelity National Financial Inc /De/), Indenture Agreement (Fidelity National Financial Inc /De/)

Successor Corporation. When a successor corporation assumes all the obligations Obligations of its predecessor under the Securities Notes and the Indenture in accordance with the terms and conditions of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligationsObligations.

Appears in 1 contract

Sources: Indenture (Mercer International Inc)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities Deferred Interest Notes and the Indenture Indenture, and upon the satisfaction of certain other conditions provided in accordance with the terms and conditions of the Indenture, the predecessor corporation will (except in certain circumstances specified in the Indenture) be released from those obligations.

Appears in 1 contract

Sources: Deferred Interest Note (Teletrac Holdings Inc)

Successor Corporation. When In the event a successor corporation assumes all the obligations of its predecessor the Company under the Securities Notes and the Indenture in accordance with the terms and conditions of the Indenture, pursuant to the predecessor corporation terms thereof, the Company will (except in certain circumstances specified in the Indenture) be released from those all such obligations.

Appears in 1 contract

Sources: Indenture (Louisiana Ship Inc)

Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities Notes and the Indenture in accordance and the transaction complies with the terms and conditions of Article V of the Indenture, the predecessor corporation will (will, except as provided in certain circumstances specified in the Indenture) such Article V, be released from those obligations.

Appears in 1 contract

Sources: Indenture (CHS Electronics Inc)