Common use of Successor Person Clause in Contracts

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 3 contracts

Samples: Indenture (Alignvest Acquisition Corp), Supplemental Indenture (Trilogy International Partners Inc.), Indenture (Trilogy International Partners Inc.)

AutoNDA by SimpleDocs

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the Notes and the Indenture Purchase Agreement and the transaction complies with the terms of Article Five of the IndenturePurchase Agreement, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 2 contracts

Samples: Note Purchase Agreement (Trilogy International Partners Inc.), Note Purchase Agreement (Trilogy International Partners Inc.)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the 5-Year Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 2 contracts

Samples: Indenture (Wesco International Inc), Indenture (Wesco International Inc)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the 8-Year Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 1 contract

Samples: Indenture (Wesco International Inc)

AutoNDA by SimpleDocs

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 1 contract

Samples: Sears Holdings Corp

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the 8-Year Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity corporation will, except as provided in Article Five, be released from those obligations.

Appears in 1 contract

Samples: Indenture (Wesco International Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.