Common use of Successor Person Substituted for Company Clause in Contracts

Successor Person Substituted for Company. If the Company and its Subsidiaries, taken as a whole, shall, in any transaction or series of related transactions, consolidate or amalgamate with or merge into any Person or sell, lease, assign, transfer or otherwise convey all or substantially all their assets to any Person in accordance with Section 801, the successor Person formed by or resulting from such consolidation, amalgamation or merger or to which such sale, lease, assignment, transfer or other conveyance is made, shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; and thereafter, except in the case of a lease, the predecessor Person shall be released from all obligations and covenants under this Indenture and the Outstanding Securities and any Coupons appertaining thereto. ARTICLE NINE

Successor Person Substituted for Company. If the Company and its Subsidiaries, taken as a whole, shall, in any transaction or series of related transactions, consolidate or amalgamate with or merge into any Person or sell, lease, assign, transfer or otherwise convey all or substantially all their its assets to any Person in accordance with Section 801, the successor Person formed by or resulting from such consolidation, amalgamation or merger or to which such sale, lease, assignment, transfer or other conveyance of all or substantially all of the properties and assets of the Company is made, shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; and thereafter, except in the case of a lease, the predecessor Person shall be released from all obligations and covenants under this Indenture and the Outstanding Securities and any Coupons appertaining thereto. ARTICLE NINE.

Successor Person Substituted for Company. If Upon any consolidation or amalgamation by the Company and its Subsidiaries, taken as a whole, shall, in any transaction or series of related transactions, consolidate or amalgamate with or merge merger of the Company into any other Person or sellany sale, assignment, transfer, lease, assign, transfer conveyance or otherwise convey all or disposition of the properties and assets of the Company substantially all their assets as an entirety to any Person in accordance with Section 8018.1 (other than as permitted by the last paragraph of Section 8.1), the successor Person formed by such consolidation or resulting from such consolidation, amalgamation or merger into which the Company is merged or to which such sale, assignment, transfer, lease, assignment, transfer conveyance or other conveyance disposition is made, made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor Person had been named as the Company herein; and thereafter, except in the case of a lease, the predecessor Person shall be released from all obligations and covenants under this Indenture Indenture, the Securities and the Outstanding Securities and any Coupons appertaining thereto. ARTICLE NINECoupons.