Common use of Successor Company Substituted Clause in Contracts

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 27 contracts

Samples: Indenture (Sally Beauty Holdings, Inc.), Core & Main, Inc., Indenture (Envision Healthcare Corp)

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Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 22 contracts

Samples: Indenture (Hertz Corp), Hertz Corp, Hertz Corp

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenturethe Note Documents, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenturethe Note Documents, except that the predecessor Company in the case of a lease of all or substantially all its assets shall will not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 11 contracts

Samples: Supplemental Indenture (US Foods Holding Corp.), Supplemental Indenture (US Foods Holding Corp.), Indenture (Victoria's Secret & Co.)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 501, in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall will not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 6 contracts

Samples: Indenture (Graphic Packaging Holding Co), Supplemental Indenture (Graphic Packaging Holding Co), Indenture (Graphic Packaging Corp)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 3 contracts

Samples: Indenture (Ambac Financial Group Inc), Collateral Agreement (Ambac Financial Group Inc), Collateral Agreement (Ambac Financial Group Inc)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all of its assets and its Restricted Subsidiaries’ assets, taken as a whole, shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 2 contracts

Samples: Supplemental Indenture (Frontdoor, Inc.), Supplemental Indenture (Servicemaster Global Holdings Inc)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 9.1, in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this IndentureAgreement, and thereafter (other than in the case of a lease) the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the NotesAgreement.

Appears in 1 contract

Samples: Investment Agreement (Acterna Corp)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall will not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 1 contract

Samples: Us Foods, Inc.

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 5.01, in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.. ARTICLE 6

Appears in 1 contract

Samples: Refinancing Agreement (Sirva Inc)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.. 113

Appears in 1 contract

Samples: Intercreditor Agreement (Hertz Global Holdings Inc)

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenturethe Note Documents, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenturethe Note Documents, except that the predecessor Company in the case of a lease of all or substantially all its assets shall will not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 1 contract

Samples: Xerox Corp

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Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and shall become the “Company” for all purposes of this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, and shall cease to constitute the “Company” for all purposes of this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 1 contract

Samples: Core & Main, Inc.

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 5.01, in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 1 contract

Samples: Refinancing Agreement (Relocation Management Systems Inc)

Successor Company Substituted. Upon any transaction ----------------------------- involving the Company in accordance with Section 501 501, in which the Company is ----------- not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 1 contract

Samples: Dynatech Corp

Successor Company Substituted. Upon any transaction involving ----------------------------- the Company in accordance with Section 501 501, in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenturebut, except that the predecessor Company in the case of a lease of all or substantially all its assets shall assets, the Company will not be released from the obligation to pay the principal of and interest on the Notes.

Appears in 1 contract

Samples: Avalon Rehabilitation & Healthcare LLC

Successor Company Substituted. Upon any transaction involving the Company in accordance with Section 501 in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture, and thereafter the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the Notes.. 101

Appears in 1 contract

Samples: Indenture (Hd Supply, Inc.)

Successor Company Substituted. Upon any transaction involving the ----------------------------- Company in accordance with Section 501 9.1, in which the Company is not the Successor Company, the Successor Company will succeed to, and be substituted for, and may exercise every right and power of, the Company under this IndentureAgreement, and thereafter (other than in the case of a lease) the predecessor Company shall be relieved of all obligations and covenants under this Indenture, except that the predecessor Company in the case of a lease of all or substantially all its assets shall not be released from the obligation to pay the principal of and interest on the NotesAgreement.

Appears in 1 contract

Samples: Investment Agreement (Acterna Corp)

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