Common use of Successor Entity Clause in Contracts

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 38 contracts

Samples: Indenture (Axalta Coating Systems Ltd.), Indenture (Allison Transmission Holdings Inc), Supplemental Indenture (Axalta Coating Systems Ltd.)

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Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 33 contracts

Samples: Indenture (CNH Industrial Capital LLC), Indenture (CNH Industrial Capital LLC), Indenture (Hercules Offshore, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 20 contracts

Samples: Indenture (F&G Annuities & Life, Inc.), Indenture (Leslie's, Inc.), Guarantors (Neiman Marcus Group LTD LLC)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 7 contracts

Samples: Couche Tard (3055854 Nova Scotia Co), Third Supplemental Indenture (Aavid Thermal Technologies Inc), Affinity Group Inc

Successor Entity. When a successor entity assumes, in accordance with the Indenture, assumes all the obligations of its predecessor predecessors under the Notes and the Indenture, Indenture and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 6 contracts

Samples: Mobile Satellite (Skyterra Communications Inc), Indenture (Skyterra Communications Inc), Indenture (Skyterra Communications Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all of the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter after such transaction, no Default or Event of Default exists Exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 4 contracts

Samples: VWR Corp, Nuveen Investments Holdings, Inc., Nuveen Investments Holdings, Inc.

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes Notes, the Security Documents and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 3 contracts

Samples: Indenture (Hercules Offshore, Inc.), Supplemental Indenture (Basic Energy Services Inc), Indenture (Hercules Offshore, Inc.)

Successor Entity. When a successor entity assumes, in accordance ---------------- with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 2 contracts

Samples: Supplemental Indenture (TNP Enterprises Inc), Indenture (TNP Enterprises Inc)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2028 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Samples: PPD, Inc.

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2024 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Samples: Indenture (CommScope Holding Company, Inc.)

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Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2026 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Samples: Indenture (CommScope Holding Company, Inc.)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter there- after no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 1 contract

Samples: Supplemental Indenture (Ifco Systems Nv)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the 2025 Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Samples: PPD, Inc.

Successor Entity. When a successor entity assumes, in accordance with the Indenture, assumes all the obligations of its predecessor predecessors under the Notes Notes, the Indenture and the Indenture, Security Documents and immediately before and thereafter no Default or Event of Default exists and all certain other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 1 contract

Samples: Skyterra Communications Inc

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes and the Indenture, and immediately before and thereafter no Default or Event of Default exists has occurred and is continuing and all other conditions of the Indenture are satisfied, the predecessor entity shall be released from those obligations.

Appears in 1 contract

Samples: Ch2m Hill (Ch2m Hill Companies LTD)

Successor Entity. When a successor entity assumes, in accordance with the Indenture, all the obligations of its predecessor under the Notes Securities and the Indenture, and immediately before and thereafter no Default or Event of Default exists and all other conditions of the Indenture are satisfied, the predecessor entity shall will be released from those obligations.

Appears in 1 contract

Samples: Supplemental Indenture (Commercial Vehicle Group, Inc.)

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