Assumption of the Securities. NationsBank (DE) hereby expressly assumes the due and punctual payment of the principal of (and premium, if any, on) and any interest on all the Securities, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed by NationsBank.
Assumption of the Securities. (a) The Corporation hereby represents and warrants that
Assumption of the Securities. New FNH, as the transferee Person in the Asset Transfer, hereby expressly assumes the due and punctual payment of the principal of and interest on the Securities and all obligations of the Company under the Securities and the Indenture and shall be the successor to the Company under the Indenture.
Assumption of the Securities. The Guarantor or any controlled subsidiary of the Guarantor may assume the obligations of the Company under the Securities without the consent of the Holders of the Securities. In the event of any such assumption, all obligations of the Company under the Securities shall immediately be discharged. Any Securities so assumed, except if assumed by the Guarantor, will have the benefit of the Guarantee. In the event of such an assumption, Additional Amounts under the Securities will be payable in respect of taxes imposed by the assuming corporation’s jurisdiction of incorporation or tax residence (subject to exceptions equivalent to those that apply to the obligation to pay Additional Amounts in respect of taxes imposed by the Taxing Jurisdiction or the Guarantee, as the case may be, in respect of taxes imposed by the laws of the Kingdom of Spain) on payments of interest or principal made on or subsequent to the date of such assumption. Additional Amounts with respect to payments of interest or principal due prior to the date of such assumption will be payable only in respect of taxes imposed by the Kingdom of Spain. The Guarantor or the Controlled Subsidiary thereof that assumes the obligations of the Company in such cases will also be entitled to redeem the Securities in the circumstances described in paragraph 3(b) hereof with respect to any change or amendment to, or change in the application or official interpretation of the laws or regulations of such jurisdiction, which change or amendment must occur subsequent to the date of any such assumption if the assuming entity is not incorporated or tax resident in the Kingdom of Spain. In the event of any such assumption, all obligations of the Company under the Securities shall immediately be discharged.
Assumption of the Securities. ACCO hereby expressly assumes and agrees promptly to pay, perform and discharge when due each and every debt (including accrued original issue discount on such debts, if any), obligation, covenant and agreement incurred, made or to be paid, performed or discharged by ACCO Finance under the Indenture and the Securities. ACCO hereby agrees to be bound by all the terms, provisions and conditions of the Indenture and the Securities and that is shall be the successor issuer of the Notes and shall succeed to, and be substituted for, and may exercise every right and power of, ACCO Finance, as the predecessor issuer of the Notes, under the Indenture and the Securities, all to the extent provided in and in accordance with the terms and conditions of, the Indenture.
Assumption of the Securities. Donnelley hereby expressly assumes and agrees promptly to pay, perform and discharge when due each and every debt (including accrued original issue discount on such debts, if any), obligation, covenant and agreement incurred, made or to be paid, performed or discharged by Finance Corp. under the Senior Subordinated Notes Indenture and the Securities. Donnelley hereby agrees to be bound by all the terms, provisions and conditions of the Senior Subordinated Notes Indenture and the Securities and that it shall be the successor Company and shall succeed to, and be substituted for, and may exercise every right and power of, Finance Corp., as the predecessor Company, under the Senior Subordinated Notes Indenture and the Securities, all to the extent provided in and in accordance with the terms and conditions of, the Senior Subordinated Notes Indenture. Each Guarantor hereby agrees to guarantee the obligations of Donnelley assumed pursuant to the terms of this Senior Subordinated Notes Supplemental Indenture.
Assumption of the Securities. Panavision hereby expressly assumes and agrees promptly to pay, perform and discharge when due each and every debt, obligation, covenant and agreement incurred, made or to be paid, performed or discharged by PX Escrow under the Indenture and the Securities. Panavision hereby agrees to be bound by all the terms, provisions and conditions of the Indenture and the Securities and that it shall be the successor Company and shall succeed to, and be substituted for, and may exercise every right and power of, PX Escrow Corp., as the predecessor Company, under the Indenture and the Securities. Section 1.2.
Assumption of the Securities. RCPC hereby expressly assumes and agrees promptly to pay, perform and discharge when due each and every debt, obligation, covenant and agreement incurred, made or to be paid, performed or discharged by Escrow Corp. under the Indenture and the Securities. RCPC hereby agrees to be bound by all the terms, provisions and conditions of the Indenture and the Securities from the date hereof and that it shall be the successor Company and shall succeed to, and be substituted for, and may exercise every right and power of Escrow Corp., as the predecessor Company, under the Indenture and the Securities.
Assumption of the Securities. NationsBank hereby expressly assumes, jointly and severally with Holdings, the due and punctual payment of the principal of (and premium, if any) and interest on the Securities and the performance of every covenant of the Indenture on the part of Xxxxxxx to be performed or observed.
Assumption of the Securities. (a) Pursuant to, and in compliance and accordance with, Section 801 and Section 901(1) of the Indenture, the Successor Company hereby expressly assumes the due and punctual payment of the principal of (and premium, if any) and any interest (including all Additional Amounts, if any, payable pursuant to Section 1011 of the Indenture) on all of the Securities, according to their tenor, and the due and punctual performance and observance of all of the covenants and conditions of the Indenture to be performed by the Company.
