Common use of Release of Obligations Clause in Contracts

Release of Obligations. Upon execution of this Supplemental Indenture by the New Issuer, the New Guarantors and the Trustee, the Escrow Issuer shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes (other than those obligations and liabilities applicable to Escrow Issuer as a Guarantor as described in Section 2(b) above).

Appears in 2 contracts

Samples: Supplemental Indenture (Eldorado Resorts, Inc.), Supplemental Indenture (Eldorado Resorts, Inc.)

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Release of Obligations. Upon execution of this Supplemental Indenture by the New Issuer, the New Guarantors and the Trustee, the Escrow Issuer shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes (other than those obligations and liabilities applicable to the Escrow Issuer as a Guarantor as described in Section 2(b) above).

Appears in 2 contracts

Samples: Indenture (Churchill Downs Inc), Supplemental Indenture (Caesars Entertainment, Inc.)

Release of Obligations. Upon execution of this Supplemental Indenture by the New Issuer, the New Guarantors and the Trustee, the Escrow Issuer Issuers shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes (other than those obligations and liabilities applicable to Escrow Issuer as a Guarantor as described in Section 2(b) above)Notes.

Appears in 2 contracts

Samples: Indenture (Hilton Worldwide Holdings Inc.), Supplemental Indenture (Hilton Worldwide Holdings Inc.)

Release of Obligations. Upon execution of this Supplemental Indenture by the New Issuer, the New Guarantors and the Trustee, the Escrow Issuer shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes (other than those obligations and liabilities applicable to the Escrow Issuer as a Subsidiary Guarantor as described in Section 2(b) above).

Appears in 1 contract

Samples: Supplemental Indenture (Caesars Entertainment, Inc.)

Release of Obligations. Upon execution of this Supplemental Indenture by the New IssuerIssuers, the New Guarantors and the Trustee, the Escrow Issuer shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes (other than those obligations and liabilities applicable to the Escrow Issuer as a Subsidiary Guarantor as described in Section 2(b) above).

Appears in 1 contract

Samples: Supplemental Indenture (Caesars Entertainment, Inc.)

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Release of Obligations. Upon execution of this Supplemental Indenture by the New Issuer, the New Guarantors and the Trustee, the Escrow Issuer shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes (other than those obligations and liabilities applicable to the Escrow Issuer as a Guarantor as described in Section 2(b) above). SECTION 6.

Appears in 1 contract

Samples: Supplemental Indenture Supplemental Indenture (Churchill Downs Inc)

Release of Obligations. Upon execution of this Supplemental Indenture by the New Issuer, the New Guarantors and the Trustee, the Escrow Issuer Issuers shall be unconditionally and irrevocably released and discharged from all obligations and liabilities under the Indenture and the Notes of each series (other than those obligations and liabilities applicable to the Escrow Issuer Issuers as a Subsidiary Guarantor as described in Section 2(b) above).

Appears in 1 contract

Samples: First Supplemental Indenture (Bally's Corp)

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