Common use of Successor Person Substituted Clause in Contracts

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company or any Guarantor, if applicable, the successor Person formed by such consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has been named as the Company herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) the Company, any Guarantor, if applicable, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any amalgamation or consolidation by the Company with or merger, merger by the Company into any other corporation or a statutory arrangement or any saleconveyance, lease, conveyance transfer or other disposition lease of all or substantially all of the properties and assets of the Company or to any Guarantor, if applicablePerson in accordance with Section 8.01, the successor Person formed by such amalgamation or consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or statutory arrangement, or to which such saleconveyance, lease, conveyance transfer or other disposition lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has had been named as the Company herein. In , and in the event of any such sale conveyance or conveyance transfer, the Company (other than a conveyance by way which term shall for this purpose mean the Person named as the "Company" in the first paragraph of lease) the Company, any Guarantor, if applicable, this Indenture or any successor entity of any of them Person which shall theretofore have become such in the manner described in this Article XSection 8.01), except in the case of a lease, shall be discharged from of all obligations and covenants under this Indenture, Indenture and the Securities and the Guarantees and may be liquidated dissolved and dissolvedliquidated.

Successor Person Substituted. Upon any amalgamation or consolidation by the Company with or merger, merger by the Company into any other corporation or a statutory arrangement or any saleconveyance, lease, conveyance transfer or other disposition lease of all or substantially all of the properties and assets of the Company or to any Guarantor, if applicablePerson in accordance with Section 8.01, the successor Person formed by such amalgamation or consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or statutory arrangement, or to which such saleconveyance, lease, conveyance transfer or other disposition lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has had been named as the Company herein. In , and in the event of any such sale conveyance or conveyance transfer, the Company (other than a conveyance by way which term shall for this purpose mean the Person named as the “Company” in the first paragraph of lease) the Company, any Guarantor, if applicable, this Indenture or any successor entity of any of them Person which shall theretofore have become such in the manner described in this Article XSection 8.01), except in the case of a lease, shall be discharged from of all obligations and covenants under this Indenture, Indenture and the Securities and the Guarantees coupons and may be liquidated dissolved and dissolvedliquidated.

Successor Person Substituted. Upon any amalgamation or consolidation by the Company with or merger, merger by the Company into any other corporation or a statutory arrangement or any saleconveyance, lease, conveyance transfer or other disposition lease of all or substantially all of the properties and assets of the Company or to any Guarantor, if applicablePerson in accordance with Section 8.01, the successor Person formed by such amalgamation or consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or statutory arrangement, or to which such saleconveyance, lease, conveyance transfer or other disposition lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has had been named as the Company herein. In , and in the event of any such sale conveyance or conveyance transfer, the Company (other than a conveyance by way which term shall for this purpose mean the Person named as the "Company" in the first paragraph of lease) the Company, any Guarantor, if applicable, this Indenture or any successor entity of any of them Person which shall theretofore have become such in the manner described in this Article XSection 8.01), except in the case of a lease, shall be discharged from of all obligations and covenants under this Indenture, Indenture and the Securities and the Guarantees coupons and may be liquidated dissolved and dissolvedliquidated.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company or any Guarantor, if applicable, the successor Person formed by such consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has had been named herein as the Company hereinor such Guarantor, as applicable. In the event of any such sale or conveyance (other than a conveyance by way of lease) the Company, any Guarantor, if applicable, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company or any Guarantor, if applicableas the case may be, the successor Person formed by such consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has been named as the Company or such Guarantor, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) the Company, any Company or the Guarantor, if applicableas the case may be, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of Parent or the Company or any GuarantorCompany, if applicableas the case may be, the successor Person formed by such consolidation or into or with which Parent or the Company or such GuarantorCompany, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, Parent or the Company or such GuarantorCompany, as the case may be, under this Indenture with the same effect as if such successor Person has been named as Parent or the Company Company, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) Parent or the Company, any Guarantor, if applicableas the case may be, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company any Issuer or any Guarantor, if applicable, the successor Person formed by such consolidation or into or with which the Company such Issuer or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company such Issuer or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has been named as the Company an Issuer herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) the Companyany Issuer, any Guarantor, if applicable, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article XXIII, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation consolidation, amalgamation or merger, arrangement by the Company with or merger by the Company into any other corporation or any saleconveyance, lease, conveyance transfer or other disposition of lease all or substantially all of the properties and assets of the Company or substantially as an entirety to any Guarantor, if applicablePerson in accordance with Section 801, the successor Person formed by such consolidation consolidation, amalgamation or arrangement or into or with which the Company or such Guarantor, as the case may be, is merged or to which such saleconveyance, lease, conveyance transfer or other disposition lease is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has had been named as the Company herein. In , and in the event of any such sale conveyance or conveyance transfer, the Company (other than a conveyance by way which term shall for this purpose mean the Person named as the "Company" in the first paragraph of lease) the Company, any Guarantor, if applicable, this Indenture or any successor entity of any of them Person which shall theretofore have become such in the manner described in this Article XSection 801), except in the case of a lease, shall be discharged from of all obligations and covenants under this Indenture, Indenture and the Securities and the Guarantees coupons and may be liquidated dissolved and dissolved.liquidated. ARTICLE NINE

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of Guarantors or the Company or any GuarantorCompany, if applicableas the case may be, the successor Person formed by such consolidation or into or with which Guarantors or the Company or such GuarantorCompany, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, Guarantors or the Company or such GuarantorCompany, as the case may be, under this Indenture with the same effect as if such successor Person has been named as Guarantors or the Company Company, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) Guarantors or the Company, any Guarantor, if applicableas the case may be, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company or any Guarantor, if applicableas the case may be, the successor Person formed by such consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has been named as the Company or such Guarantor, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) ), the Company, any Company or the Guarantor, if applicableas the case may be, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article X, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of Parent or the Company or any GuarantorCompany, if applicableas the case may be, the successor Person formed by such consolidation or into or with which Parent or the Company or such GuarantorCompany, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, Parent or the Company or such GuarantorCompany, as the case may be, under this Indenture with the same effect as if such successor Person has been named as Parent or the Company Company, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) Parent or the Company, any Guarantor, if applicableas the case may be, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article XArticle, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of the Company or any Guarantor, if applicable, the successor Person formed by such consolidation or into or with which the Company or such Guarantor, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company or such Guarantor, as the case may be, under this Indenture with the same effect as if such successor Person has been named as the Company herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) the Company, any Guarantor, if applicable, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article XXI, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees and may be liquidated and dissolved.

Successor Person Substituted. Upon any consolidation or merger, or any sale, lease, conveyance or other disposition of all or substantially all of the assets of Tyco or the Company or any GuarantorCompany, if applicableas the case may be, the successor Person formed by such consolidation or into or with which Tyco or the Company or such GuarantorCompany, as the case may be, is merged or to which such sale, lease, conveyance or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of, Tyco or the Company or such GuarantorCompany, as the case may be, under this Indenture with the same effect as if such successor Person has been named as Tyco or the Company Company, as the case may be, herein. In the event of any such sale or conveyance (other than a conveyance by way of lease) Tyco or the Company, any Guarantor, if applicableas the case may be, or any successor entity of any of them which shall theretofore have become such in the manner described in this Article XArticle, shall be discharged from all obligations and covenants under this Indenture, the Securities and the Guarantees any Guarantee and may be liquidated and dissolved.