Examples of Other Issuer in a sentence
In such case, the New Other Issuer may assume all the obligations of the Issuer under and in connection with the Securities.
In the event of such substitution, any reference in these Terms and Conditions to the Issuer shall from then on refer to the New Other Issuer.
Upon any such substitution, the New Other Issuer shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under the Securities with the same effect as if the New Other Issuer had been named as the Issuer in these Terms and Conditions; the Issuer (and, in the case of a repeated application of this § 12 paragraph 2 and/or paragraph 1, each previous issuer) shall be released from its obligations hereunder and from its liability as obligor under the Securities.
At any time during the life of the Securities and subject to § 12 paragraph 2(b), the Issuer is entitled to substitute any other company (hereinafter called a "New Other Issuer") for itself as Issuer without the consent of any Securityholder.
Upon any substitution of the Issuer for a New SG Issuer or a New Other Issuer, this § 12 shall apply again.