Common use of Successor Entity Substituted Clause in Contracts

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, conveyance, transfer or lease of the properties and assets as an entirety of the Company or a Guarantor in accordance with Section 5.01, the Company and a Guarantor, as the case may be, will be released from its obligations under this Indenture and the Notes or its Guarantee, as the case may be, and the successor company and the successor Guarantor, as the case may be, will succeed to, and be substituted for, and may exercise every right and power of, the Company or a Guarantor, as the case may be, under this Indenture, the Notes and such Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Company will not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its obligations under its Guarantee.

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, winding up, sale, assignment, conveyance, transfer transfer, lease or lease other disposition of all or substantially all of the properties and assets as an entirety of the Company or a Guarantor in accordance with Section 5.01, the Company and a or the Guarantor, as the case may be, will shall be released from its obligations under this Indenture and the Notes or its Note Guarantee, as the case may be, and the successor company and Successor Company or the successor Successor Guarantor, as the case may be, will shall succeed to, and be substituted for, and may exercise every right and power of, the Company or a Guarantor, as the case may be, under this Indenture, the Notes and such Note Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Company will shall not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its obligations under its GuaranteeNotes.

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, conveyance, transfer or lease of the properties and assets as an entirety of the Company or a Guarantor in accordance with Section 5.01, the Company and a Guarantor, as the case may be, will be released from its obligations under this Indenture and the Notes or its Guarantee, as the case may be, and the successor company and the successor Guarantor, as the case may be, will succeed to, and be substituted for, and may exercise every right and power of, the Company or a Guarantor, as the case may be, under this Indenture, the Notes and such Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Company will not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its obligations under its Guarantee.

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, winding-up, sale, assignment, conveyance, transfer transfer, lease or lease other disposition of all or substantially all of the properties and assets as an entirety of the Company or a Guarantor in accordance with Section 5.01, the Company and a Guarantor, as the case may be, will be released from its obligations under this Indenture and the Notes or its Note Guarantee, as the case may be, and the successor company Successor Company and the successor Successor Guarantor, as the case may be, will succeed to, and be substituted for, and may exercise every right and power of, the Company or a Guarantor, as the case may be, under this Indenture, the Notes and such Note Guarantee; provided that, in the case of a lease of all or substantially all of its assets, the Company will not be released from the obligation to pay the principal of and interest on the Notes Notes, and a Guarantor will not be released from its obligations under its Note Guarantee.

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, winding up, sale, assignment, conveyance, transfer transfer, lease or lease other disposition of all or substantially all of the properties and assets as an entirety of the Company or a Guarantor in accordance with Section 5.01, the Company and a or the Guarantor, as the case may be, will shall be released from its obligations under this Indenture and the Notes or its Note Guarantee, as the case may be, and the successor company and Successor Company or the successor Successor Guarantor, as the case may be, will shall succeed to, and be substituted for, and may exercise every right and power of, the Company or a Guarantor, as the case may be, under this Indenture, the Notes and such Note Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Company will shall not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its obligations under its Guarantee.Notes. ARTICLE 6

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, conveyance, transfer or lease of the properties and assets as an entirety of the Company Issuer or a Guarantor in accordance with Section 5.01, the Company Issuer and a Guarantor, as the case may be, will be released from its obligations under this Indenture and the Notes or its Guarantee, as the case may be, and the successor company and the successor Guarantor, as the case may be, will succeed to, and be substituted for, and may exercise every right and power of, the Company Issuer or a Guarantor, as the case may be, under this Indenture, the Notes and such Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Company Issuer will not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its obligations under its Guarantee.

Successor Entity Substituted. Upon any amalgamation, consolidation, merger, wind up, sale, assignment, conveyance, transfer transfer, lease or lease other disposition of all or substantially all of the properties and assets as an entirety of the Company or a Guarantor in accordance with Section 5.0112.01, the Company and a or such Guarantor, as the case may be, will be released from its obligations under this Indenture Agreement and the Notes or its Note Guarantee, as the case may be, and the successor company Successor Company and the successor such Successor Guarantor, as the case may be, will succeed to, and be substituted for, and may exercise every right and power of, the Company or a such Guarantor, as the case may be, under this IndentureAgreement, the Notes and such Note Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Company will not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its obligations under its Note Guarantee.