Common use of Successor Obligor Clause in Contracts

Successor Obligor. When a successor obligor assumes all the obligations of its predecessor under the Notes and the Indenture, the predecessor obligor shall be released from those obligations.

Appears in 10 contracts

Samples: First Supplemental Indenture (Chesapeake Energy Corp), Eighth Supplemental Indenture (Chesapeake Energy Corp), Second Supplemental Indenture (Chesapeake Energy Corp)

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Successor Obligor. When a successor obligor assumes all the obligations of its predecessor under the Notes and the Indenture, the predecessor obligor shall will be released from those obligations.

Appears in 5 contracts

Samples: Supplemental Indenture (Chesapeake Energy Corp), Supplemental Indenture (Mc Louisiana Minerals LLC), Supplemental Indenture (Chesapeake Energy Corp)

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Successor Obligor. When a successor obligor assumes all the obligations of its predecessor under the Notes Securities, the Indenture and the Indentureother Note Documents, the predecessor obligor shall be released from those obligations.

Appears in 2 contracts

Samples: Indenture (Chesapeake Energy Corp), Intercreditor Agreement (Chesapeake Energy Corp)

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