Common use of Successor Entity Clause in Contracts

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 40 contracts

Sources: Indenture (Allison Transmission Holdings Inc), Indenture (CommScope Holding Company, Inc.), Indenture (Ii-Vi Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 33 contracts

Sources: Indenture (CNH Industrial Capital LLC), Indenture (CNH Industrial Capital LLC), Indenture (Hercules Offshore, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 22 contracts

Sources: Indenture (American Axle & Manufacturing Holdings Inc), Indenture (American Axle & Manufacturing Holdings Inc), Indenture (F&G Annuities & Life, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, assumes all the obligations of its predecessor under the Notes and the Indenture, Indenture and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 9 contracts

Sources: Indenture (Muzak Heart & Soul Foundation), Indenture (Muzak LLC), Indenture (Business Sound Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 7 contracts

Sources: Supplemental Indenture (Aavid Thermal Technologies Inc), Indenture (Affinity Group Holding, Inc.), Indenture (3055854 Nova Scotia Co)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, assumes all the obligations of its predecessor predecessors under the Notes and the Indenture, Indenture and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 6 contracts

Sources: Indenture (Skyterra Communications Inc), Indenture (Skyterra Communications Inc), Indenture (Skyterra Communications Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all of the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter after such transaction, no Default or Event of Default exists Exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 4 contracts

Sources: Indenture (VWR Corp), Indenture (Nuveen Investments Holdings, Inc.), Indenture (Nuveen Investments Holdings, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes Notes, the Security Documents and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 3 contracts

Sources: Indenture (Hercules Offshore, Inc.), Indenture (Basic Energy Services Inc), Indenture (Hercules Offshore, Inc.)

Successor Entity. When a successor entity assumes, in accordance ---------------- with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 2 contracts

Sources: Indenture (TNP Enterprises Inc), First Supplemental Indenture (TNP Enterprises Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes Securities and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 1 contract

Sources: Indenture (Commercial Vehicle Group, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter there- after no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 1 contract

Sources: Indenture (Ifco Systems Nv)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, assumes all the obligations of its predecessor predecessors under the Notes Notes, the Indenture and the Indenture, Security Documents and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 1 contract

Sources: Indenture (Skyterra Communications Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2025 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Sources: Indenture (PPD, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2026 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Sources: Indenture (CommScope Holding Company, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2024 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Sources: Indenture (CommScope Holding Company, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2028 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Sources: Indenture (PPD, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists has occurred and is continuing and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Sources: Indenture (Ch2m Hill Companies LTD)