Common use of Successor Person Substituted for Company Clause in Contracts

Successor Person Substituted for Company. Upon any consolidation by the Company or any Guarantor with or merger by the Company or a Guarantor into any other Person or any transfer, sale, lease or other disposition of the properties and assets of the Company or any Guarantor substantially as an entirety to any Person in accordance with Section 8.01, the successor Person formed by such consolidation or merger or to which such transfer, sale, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor under the Indenture, the Securities and the Guarantees, as the case may be, with the same effect as if such successor Person had been named as the Company or a Guarantor herein; and thereafter, except in the case of a lease to another Person, the predecessor Person shall be released from all obligations and covenants under this Indenture and the Securities.

Appears in 6 contracts

Samples: Indenture (A I M Management Group Inc /De/), Indenture (A I M Management Group Inc /De/), Indenture (Amvescap PLC/London/)

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Successor Person Substituted for Company. Upon any consolidation by the Company or any Guarantor with or merger by the Company or a Guarantor into any other Person or any transfer, sale, lease or other disposition of the properties and assets of the Company or any Guarantor substantially as an entirety to any Person in accordance with Section 8.01, the successor Person formed by such consolidation or merger or to which such transfer, sale, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor under the Indenture, the Securities and the Guaranteesany Guarantee, as the case may be, with the same effect as if such successor Person had been named as the Company or a Guarantor hereinherein or therein; and thereafter, except in the case of a lease to another Person, the predecessor Person shall be released from all obligations and covenants under this Indenture and the Securities.

Appears in 3 contracts

Samples: Indenture (Amvescap PLC/London/), Indenture (IVZ Inc), Indenture (INVESCO North American Holdings, Inc.)

Successor Person Substituted for Company. Upon any consolidation by the Company or merger or any Guarantor with conveyance, transfer or merger by the Company or a Guarantor into any other Person or any transfer, sale, lease or other disposition of the properties and assets of the Company or any the Guarantor substantially as an entirety to any Person person in accordance with Section 8.01, the successor Person person formed by such consolidation or merger into which the Company or the Guarantor is merged or to which such transferconveyance, sale, transfer or lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such the Guarantor under the this Indenture, the Securities and the Guarantees, as the case may be, with the same effect as if such successor Person person had been named as the Company or a Guarantor the Guarantor, as the case may be, herein; and thereafter, except in the case of a lease to another Personperson, the predecessor Person person shall be released from all obligations and covenants under this Indenture Indenture, the Securities and the SecuritiesGuarantees.

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Triton Energy Corp)

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Successor Person Substituted for Company. Upon any consolidation by the Company or any Guarantor with Guarantorwith or merger by the Company or a Guarantor into Guarantorinto any other Person or any transfer, sale, lease or other disposition of the properties and assets of the Company or any Guarantor substantially Guarantorsubstantially as an entirety to any Person in accordance with Section 8.01, the successor Person formed by such consolidation or merger or to which such transfer, sale, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor under Guarantorunder the Indenture, the Securities and the Guaranteesany Guarantee, as the case may be, with the same effect as if such successor Person had been named as the Company or a Guarantor hereinherein or therein; and thereafter, except in the case of a lease to another Person, the predecessor Person shall be released from all obligations and covenants under this Indenture and the Securities.

Appears in 1 contract

Samples: Indenture (IVZ Inc)

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