Common use of Successor Substituted Clause in Contracts

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 20 contracts

Samples: Indenture (Silgan Holdings Inc), Supplemental Indenture (E Trade Financial Corp), Supplemental Indenture (E Trade Financial Corp)

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Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided PROVIDED that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 5 contracts

Samples: Indenture (Dobson Wireline Co), Indenture (Carrier1 International S A), Dobson Communications Corp

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, Redemption Price or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 4 contracts

Samples: Indenture (Advanced Lighting Technologies Inc), And Voting Agreement (Advanced Lighting Technologies Inc), Advanced Lighting Technologies Inc

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture5.01, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 4 contracts

Samples: Indenture (Ccir of California Corp), Knology Inc, Agco Corp /De

Successor Substituted. Upon any consolidation or merger, or --------------------- any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 4 contracts

Samples: Urs Corp /New/, Itc Deltacom Inc, Ipc Information Systems Inc

Successor Substituted. Upon any consolidation or merger, or any sale, conveyancelease, transfer, lease conveyance or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture5.1, the successor Person formed by such consolidation or into or with which the Company is merged or to which such sale, conveyancelease, transfer, lease conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had has been named as the Company herein; provided provided, however that in the case of a sale, lease, conveyance or other disposition the Company shall not be released from its the obligation to pay the principal of, premium, if any, or Principal of and interest on the Notes in the case of a lease of all or substantially all of its property and assetsNotes.

Appears in 3 contracts

Samples: Purchase Agreement (Kapson Senior Quarters Corp), Southwest Securities Group Inc, Hybridon Inc

Successor Substituted. Upon any such consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture5.01, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided provided, that the Company shall not be released from its obligation to pay the principal of, premium, if any, of or interest on the Notes Securities of each series in the case of a lease of all or substantially all of its property and assets.

Appears in 3 contracts

Samples: Indenture (Dean Foods Co/), Dean Illinois Dairies, LLC, Model Dairy, LLC

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease transfer or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation obligations to pay the principal of, premium, if any, or interest on the Notes Securities in the case of a lease of all or substantially all of its property and assets.

Appears in 3 contracts

Samples: Indenture (Impsat Corp), Indenture (Impsat Fiber Networks Inc), GST Telecommunications Inc

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes Securities of each series then outstanding in the case of a lease of all or substantially all of its property and assets.

Appears in 2 contracts

Samples: Indenture (E Trade Financial Corp), E Trade Financial Corp

Successor Substituted. Upon With respect to the Notes, upon any consolidation or mergerof the Company with, or merger of the Company into, any sale, other Person or any conveyance, transfer, transfer or lease or other disposition of all or substantially all of the property and its assets of the Company in accordance with Section 5.01 4.02 of this First Supplemental Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, 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 under this the Indenture with the same effect as if such successor Person had been named as the Company herein; provided that , and the predecessor Company shall not be released from its obligation to pay obligations under the principal ofIndenture, premiumbut, if any, or interest on the Notes in the case of a lease of all or substantially all its assets, the predecessor Company shall not be released from the obligation to pay the principal of its property and assetsinterest on the Notes.

Appears in 2 contracts

Samples: First Supplemental Indenture (Berry Petroleum Co), First Supplemental Indenture (Berry Petroleum Co)

Successor Substituted. Upon any consolidation or merger, --------------------- or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 2 contracts

Samples: TVN Entertainment Corp, Diva Systems Corp

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on of the Notes Securities in the case of a lease of all or substantially all of its property and assets.

Appears in 2 contracts

Samples: Supplemental Indenture (E Trade Financial Corp), Supplemental Indenture (E Trade Financial Corp)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease transfer or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided provided, however, that in the case of a lease, the Company shall not be released from its the obligation to pay the principal of, premium, if any, or of and interest on the Notes in the case of a lease of all or substantially all of its property and assetsNotes.

Appears in 2 contracts

Samples: Acme Metals Inc /De/, Powertel Inc /De/

Successor Substituted. Upon any consolidation or merger, or ------------------------- any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: CFW Communications Co

Successor Substituted. Upon any consolidation or merger, or ---------------------- any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Indenture (Silgan Holdings Inc)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 801 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, to and be substituted for, and 50 may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company hereinCompany; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes Securities in the case of a lease of all or substantially all of its property and assets.. ARTICLE NINE Supplemental Indentures

Appears in 1 contract

Samples: Watson Pharmaceuticals Inc

Successor Substituted. Upon any consolidation or merger, or any --------------------------- sale, conveyance, transfer, lease or other disposition of all or substantially all a of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: CFW Communications Co

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease transfer or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided provided, however, that in the case of a lease, the Company shall not be released from its the obligation to pay the principal of, premium, if any, or of and interest on the Notes in the case of a lease of all or substantially all of its property and assets.Notes. ARTICLE SIX

Appears in 1 contract

Samples: Central European Media Enterprises LTD

Successor Substituted. Upon any consolidation or --------------------- merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes Debentures in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Silgan Holdings Inc

Successor Substituted. Upon any consolidation or merger, --------------------- or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, of or interest on the Notes in the case of a lease of all or substantially all of its property and assets.. ARTICLE SIX

Appears in 1 contract

Samples: Indenture (Aon Corp)

Successor Substituted. Upon any such consolidation or merger, or any such sale, transfer, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company and its Subsidiaries, taken as a whole, in accordance with Section 5.01 of this Indenture5.01, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, transfer, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, of or interest on the Notes in the case of a lease of all or substantially all of its property and assets.. ARTICLE SIX

Appears in 1 contract

Samples: Indenture (Dean Foods Co)

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Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 8.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided provided, however, that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes Securities in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Indenture (Time Warner Telecom Inc)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes of each series then outstanding in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: E TRADE FINANCIAL Corp

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture Indenture, the Notes and the Security Documents with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Supplemental Indenture (Penson Worldwide Inc)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, of or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Indenture (Citizens Banking Corp)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes then outstanding, in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Indenture (WEX Inc.)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 801 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, to and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company hereinCompany; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes Securities in the case of a lease of all or substantially all of its property and assets.. Supplemental Indentures

Appears in 1 contract

Samples: Life Technologies Corp

Successor Substituted. (a) Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: American Color Graphics Inc

Successor Substituted. Upon any consolidation or merger, --------------------- or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, of or interest on the Notes in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Indenture (Aon Corp)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company hereinherein and in such event, the Company shall be released from all of its obligations on the Notes and under the Indenture; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes such obligations in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Knowles Electronics LLC

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease transfer or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to 55 49 which such sale, conveyance, transfer, lease transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided provided, however, that in the case of a lease, the Company shall not be released from its the obligation to pay the principal of, premium, if any, or of and interest on the Notes in the case of a lease of all or substantially all of its property and assetsNotes.

Appears in 1 contract

Samples: Central European Media Enterprises LTD

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes in the case of a lease of all or substantially all of its property and assets.. ARTICLE SIX

Appears in 1 contract

Samples: Jsce Inc

Successor Substituted. Upon With respect to the Notes, upon any consolidation or mergerof the Company with, or merger of the Company into, any sale, other Person or any conveyance, transfer, transfer or lease or other disposition of all or substantially all of the property and its assets of the Company in accordance with Section 5.01 4.02 of this Third Supplemental Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, 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 under this the Indenture with the same effect as if such successor Person had been named as the Company herein; provided that , and the predecessor Company shall not be released from its obligation to pay obligations under the principal ofIndenture, premiumbut, if any, or interest on the Notes in the case of a lease of all or substantially all its assets, the predecessor Company shall not be released from the obligation to pay the principal of its property and assetsinterest on the Notes.

Appears in 1 contract

Samples: Berry Petroleum (Berry Petroleum Co)

Successor Substituted. Upon any consolidation or merger, or any sale, conveyance, transfer, lease or other disposition of all or substantially all of the property and assets of the Company in accordance with Section 5.01 of this Indenture, the successor Person formed by such consolidation or into which the Company is merged or to which such sale, conveyance, transfer, lease or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein, and the Company shall be discharged from its Obligations under the Debentures; provided that the Company shall not be released from its obligation to pay the principal of, premium, if any, or interest on the Notes Debentures in the case of a lease of all or substantially all of its property and assets.

Appears in 1 contract

Samples: Indenture (Regal Cinemas Inc)

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