Common use of Exchange Notes and Private Exchange Notes Clause in Contracts

Exchange Notes and Private Exchange Notes. The Issuers may not assign any of their rights or obligations hereunder without the prior written consent of each holder of Transfer Restricted Securities and each Indemnified Person. Notwithstanding the foregoing, no successor or assignee of an Issuer shall have any of the rights granted under this Agreement until such person shall acknowledge its rights and obligations hereunder by a signed written statement of such person's acceptance of such rights and obligations.

Exchange Notes and Private Exchange Notes. The Issuers may not assign any of their rights or obligations hereunder without the prior written consent of each holder of Transfer Restricted Securities and each Indemnified PersonPerson other than in connection with a merger of, or sale of all or substantially all of, the Parent Guarantor's assets permitted by and in conformity with the requirements of the Indenture. Notwithstanding the foregoing, no successor or assignee of an Issuer shall have any of the rights granted under this Agreement until such person shall acknowledge its rights and obligations hereunder by a signed written statement of such person's acceptance of such rights and obligations.