Common use of Agreement to Assume Obligations Clause in Contracts

Agreement to Assume Obligations. Successor Holdings hereby agrees to unconditionally assume Predecessor Holdings’ rights, obligations, covenants, agreements and liabilities in and under the Indenture, the Notes and its Note Guarantee, to be bound by all provisions of the Indenture, the Notes and its Note Guarantee applicable to Predecessor Holdings and to perform all of the obligations and agreements of Predecessor Holdings under the Indenture, the Notes and its Note Guarantee.

Appears in 4 contracts

Samples: Supplemental Indenture (Taylor Morrison Home Corp), Supplemental Indenture (Taylor Morrison Home Corp), Supplemental Indenture (Taylor Morrison Home Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!