Successor Entity. When a successor entity duly assumes all of the obligations and covenants of the Company pursuant to the Indenture and the Notes, except in the case of a lease, the predecessor entity shall be relieved of all such obligations.
Appears in 15 contracts
Sources: Indenture (Bread Financial Holdings, Inc.), Indenture (Atlanticus Holdings Corp), Indenture (Bread Financial Holdings, Inc.)