Common use of ASSUMPTION AND AGREEMENTS Clause in Contracts

ASSUMPTION AND AGREEMENTS. As of the Effective Time, the Successor hereby assumes the due and punctual payment of the principal of, premium, if any, and interest and Liquidated Damages, if any, on the Securities, and the due and punctual performance and observance of all other covenants, conditions and other obligations contained in the Indenture on the part of the Company to be performed or observed.

ASSUMPTION AND AGREEMENTS. As of the Effective Time, the Successor hereby assumes the due and punctual payment of the principal of, premium, if any, and interest and Liquidated DamagesAdditional Interest, if any, on the SecuritiesNotes, and the due and punctual performance and observance of all other covenants, conditions and other obligations contained in the Indenture on the part of the Company to be performed or observed.