Common use of Merger, Consolidation or Sale Clause in Contracts

Merger, Consolidation or Sale. of All or Substantially All Assets 94 Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 Section 6.01. Events of Default 96 Section 6.02. Acceleration 98 Section 6.03. Other Remedies 98 Section 6.04. Waiver of Past Defaults 99 Section 6.05. Control by Majority 99 Section 6.06. Limitation on Suits 99 Section 6.07. Rights of Holders to Receive Payment 100 Section 6.08. Collection Suit by Trustee 101 Section 6.09. Restoration of Rights and Remedies 101 Section 6.10. Rights and Remedies Cumulative 101 Section 6.11. Delay or Omission Not Waiver 101 Section 6.12. Trustee May File Proofs of Claim 101 Section 6.13. Priorities 101 Section 6.14. Undertaking for Costs 102 TRUSTEE 102 Section 7.01. Duties of Trustee 102 Section 7.02. Rights of Trustee 103 Section 7.03. Individual Rights of Trustee 104 Section 7.04. Trustee’s Disclaimer 105 Section 7.05. Notice of Defaults 105 Section 7.06. [Reserved] 105 Section 7.07. Compensation and Indemnity 105 Section 7.08. Replacement of Trustee 106 Section 7.09. Successor Trustee by Merger, etc. 106 Section 7.10. Eligibility; Disqualification 106 Section 7.11. Preferential Collection of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 Section 8.02. Legal Defeasance and Discharge 107 Section 8.03. Covenant Defeasance 107 Section 8.04. Conditions to Legal or Covenant Defeasance 108

Merger, Consolidation or Sale. of All or Substantially All Assets 94 - 81 - Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 - 82 - Section 6.01. Events of Default 96 - 83 - Section 6.02. Acceleration 98 - 84 - Section 6.03. Other Remedies 98 - 85 - Section 6.04. Waiver of Past Defaults 99 - 85 - Section 6.05. Control by Majority 99 - 85 - Section 6.06. Limitation on Suits 99 - 85 - Section 6.07. Rights of Holders to Receive Payment 100 - 85 - Section 6.08. Collection Suit by Trustee 101 - 86 - Section 6.09. Restoration of Rights and Remedies 101 - 86 - Section 6.10. Rights and Remedies Cumulative 101 - 86 - Section 6.11. Delay or Omission Not Waiver 101 - 86 - Section 6.12. Trustee May File Proofs of Claim 101 - 86 - Section 6.13. Priorities 101 - 86 - Section 6.14. Undertaking for Costs 102 TRUSTEE 102 - 87 - Section 7.01. Duties of Trustee 102 - 87 - Section 7.02. Rights of Trustee 103 - 88 - Section 7.03. Individual Rights of Trustee 104 - 89 - Section 7.04. Trustee’s Disclaimer 105 - 89 - Section 7.05. Notice of Defaults 105 - 89 - Section 7.06. [Reserved] 105 Reports by Trustee to Holders - 89 - Section 7.07. Compensation and Indemnity 105 - 89 - Section 7.08. Replacement of Trustee 106 - 90 - Section 7.09. Successor Trustee by Merger, etc. 106 - 91 - Section 7.10. Eligibility; Disqualification 106 - 91 - Section 7.11. Preferential Collection of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 Issuer - 91 - Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 - 91 - Section 8.02. Legal Defeasance and Discharge 107 - 91 - Section 8.03. Covenant Defeasance 107 - 92 - Section 8.04. Conditions to Legal or Covenant Defeasance 108- 92 -

Merger, Consolidation or Sale. of All or Substantially All Assets 94 104 Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 107 Section 6.01. Events of Default 96 107 Section 6.02. Acceleration 98 109 Section 6.03. Other Remedies 98 109 Section 6.04. Waiver of Past Defaults 99 110 Section 6.05. Control by Majority 99 110 Section 6.06. Limitation on Suits 99 110 Section 6.07. Rights Right of Holders to Receive Xxx for Payment 100 110 Section 6.08. Collection Suit by Trustee 101 110 Section 6.09. Restoration of Rights and Remedies 101 111 Section 6.10. Rights and Remedies Cumulative 101 111 Section 6.11. Delay or Omission Not Waiver 101 111 Section 6.12. Trustee May File Proofs of Claim 101 111 Section 6.13. Priorities 101 112 Section 6.14. Undertaking for Costs 102 TRUSTEE 102 112 Section 7.01. Duties of Trustee 102 112 Section 7.02. Rights of Trustee 103 113 Section 7.03. Individual Rights of Trustee 104 115 Section 7.04. Trustee’s Disclaimer 105 115 Section 7.05. Notice of Defaults 105 115 Section 7.06. [Reserved] 105 Section 7.07. Compensation and Indemnity 105 115 Section 7.087.07. Replacement of Trustee 106 116 Section 7.097.08. Successor Trustee by Merger, etc. 106 117 Section 7.107.09. Eligibility; Disqualification 106 Section 7.11. Preferential Collection of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 117 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 117 Section 8.02. Legal Defeasance and Discharge 107 117 Section 8.03. Covenant Defeasance 107 118 Section 8.04. Conditions to Legal or Covenant Defeasance 108119

Merger, Consolidation or Sale. of All or Substantially All Assets 94 111 Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 113 Section 6.01. Events of Default 96 113 Section 6.02. Acceleration 98 115 Section 6.03. Other Remedies 98 117 Section 6.04. Waiver of Past Defaults 99 117 Section 6.05. Control by Majority 99 117 Section 6.06. Limitation on Suits 99 117 Section 6.07. Rights Right of Holders to Receive Xxx for Payment 100 118 Section 6.08. Collection Suit by Trustee 101 118 Section 6.09. Restoration of Rights and Remedies 101 118 Section 6.10. Rights and Remedies Cumulative 101 118 Section 6.11. Delay or Omission Not Waiver 101 118 Section 6.12. Trustee May File Proofs of Claim 101 118 Section 6.13. Priorities 101 118 Section 6.14. Undertaking for Costs 102 TRUSTEE 102 119 Section 7.01. Duties of Trustee 102 119 Section 7.02. Rights of Trustee 103 120 Section 7.03. Individual Rights of Trustee 104 122 Section 7.04. Trustee’s Disclaimer 105 122 Section 7.05. Notice of Defaults 105 122 Section 7.06. [Reserved] 105 Section 7.07. Compensation and Indemnity 105 122 Section 7.087.07. Replacement of Trustee 106 123 Section 7.097.08. Successor Trustee by Merger, etc. 106 124 Section 7.107.09. Eligibility; Disqualification 106 Section 7.11. Preferential Collection of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 124 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 124 Section 8.02. Legal Defeasance and Discharge 107 124 Section 8.03. Covenant Defeasance 107 125 Section 8.04. Conditions to Legal or Covenant Defeasance 108125

Merger, Consolidation or Sale. of All or Substantially All Assets 94 -93- Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 -95- Section 6.01. Events of Default 96 -95- Section 6.02. Acceleration 98 -97- Section 6.03. Other Remedies 98 -98- Section 6.04. Waiver of Past Defaults 99 -98- Section 6.05. Control by Majority 99 -98- Section 6.06. Limitation on Suits 99 -98- Section 6.07. Rights of Holders to Receive Payment 100 -99- Section 6.08. Collection Suit by Trustee 101 -99- Section 6.09. Restoration of Rights and Remedies 101 -99- Section 6.10. Rights and Remedies Cumulative 101 -99- Section 6.11. Delay or Omission Not Waiver 101 -99- Section 6.12. Trustee May File Proofs of Claim 101 -100- Section 6.13. Priorities 101 -100- Section 6.14. Undertaking for Costs 102 TRUSTEE 102 -100- Section 7.01. Duties of Trustee 102 -101- Section 7.02. Rights of Trustee 103 -102- Section 7.03. Individual Rights of Trustee 104 -103- Section 7.04. Trustee’s Disclaimer 105 -103- Section 7.05. Notice of Defaults 105 -103- Section 7.06. [Reserved] 105 Reports by Trustee to Holders -103- Section 7.07. Compensation and Indemnity 105 -103- Section 7.08. Replacement of Trustee 106 -104- Section 7.09. Successor Trustee by Merger, etc. 106 -105- Section 7.10. Eligibility; Disqualification 106 -105- Section 7.11. Preferential Collection of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 Issuer -105- Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 -105- Section 8.02. Legal Defeasance and Discharge 107 -106- Section 8.03. Covenant Defeasance 107 -106- Section 8.04. Conditions to Legal or Covenant Defeasance 108-107-

Merger, Consolidation or Sale. of All or Substantially All Assets 94 89 Section 5.02. Successor Person Substituted 96 91 DEFAULTS AND REMEDIES 96 91 Section 6.01. Events of Default 96 91 Section 6.02. Acceleration 98 93 Section 6.03. Other Remedies 98 93 Section 6.04. Waiver of Past Defaults 99 93 Section 6.05. Control by Majority 99 94 Section 6.06. Limitation on Suits 99 94 Section 6.07. Rights of Holders to Receive Payment 100 94 Section 6.08. Collection Suit by Trustee 101 94 Section 6.09. Restoration of Rights and Remedies 101 94 Section 6.10. Rights and Remedies Cumulative 101 94 Section 6.11. Delay or Omission Not Waiver 101 95 Section 6.12. Trustee May File Proofs of Claim 101 95 Section 6.13. Priorities 101 95 Section 6.14. Undertaking for Costs 102 95 TRUSTEE 102 96 Section 7.01. Duties of Trustee 102 96 Section 7.02. Rights of Trustee 103 96 Section 7.03. Individual Rights of Trustee 104 98 Section 7.04. Trustee’s Disclaimer 105 98 Section 7.05. Notice of Defaults 105 98 Section 7.06. [Reserved] 105 Reports by Trustee to Holders 98 Section 7.07. Compensation and Indemnity 105 99 Section 7.08. Replacement of Trustee 106 99 Section 7.09. Successor Trustee by Merger, etc. 106 100 Section 7.10. Eligibility; Disqualification 106 100 Section 7.11. Preferential Collection of Claims Against Issuers 106 Issuer 100 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 100 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 100 Section 8.02. Legal Defeasance and Discharge 107 100 Section 8.03. Covenant Defeasance 107 101 Section 8.04. Conditions to Legal or Covenant Defeasance 108101

Merger, Consolidation or Sale. of All or Substantially All Assets 94 116 Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 118 Section 6.01. Events of Default 96 118 Section 6.02. Acceleration 98 121 Section 6.03. Director Rights Upon an Event of Default 122 Section 6.04. Other Remedies 98 123 Section 6.046.05. Waiver of Past Defaults 99 124 Section 6.056.06. Control by Majority 99 124 Section 6.066.07. Limitation on Suits 99 124 Section 6.076.08. Rights Right of Holders to Receive Sue for Payment 100 125 Section 6.086.09. Collection Suit by Trustee 101 125 Section 6.096.10. Restoration of Rights and Remedies 101 125 Section 6.106.11. Rights and Remedies Cumulative 101 125 Section 6.116.12. Delay or Omission Not Waiver 101 125 Section 6.126.13. Trustee May File Proofs of Claim 101 125 Section 6.136.14. Priorities 101 126 Section 6.146.15. Undertaking for Costs 102 TRUSTEE 102 126 Section 7.01. Duties of Trustee 102 126 Section 7.02. Rights of Trustee 103 127 Section 7.03. Individual Rights of Trustee 104 129 Section 7.04. Trustee’s Disclaimer 105 129 Section 7.05. Notice of Defaults 105 129 Section 7.06. [Reserved] 105 Section 7.07. Compensation and Indemnity 105 129 Section 7.087.07. Replacement of Trustee 106 130 Section 7.097.08. Successor Trustee by MergerXxxxxx, etc. 106 131 Section 7.107.09. Eligibility; Disqualification 106 Section 7.11. Preferential Collection of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 131 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 131 Section 8.02. Legal Defeasance and Discharge 107 131 Section 8.03. Covenant Defeasance 107 132 Section 8.04. Conditions to Legal or Covenant Defeasance 108132

Merger, Consolidation or Sale. of All or Substantially All Assets 94 146 Section 5.02. Successor Person Substituted 96 DEFAULTS AND REMEDIES 96 149 Section 6.01. Events of Default 96 149 Section 6.02. Acceleration 98 151 Section 6.03. Other Remedies 98 151 Section 6.04. Waiver of Past Defaults 99 152 Section 6.05. Control by Majority 99 152 Section 6.06. Limitation on Suits 99 152 Section 6.07. Rights Right of Holders to Receive Sue for Payment 100 153 Section 6.08. Collection Suit by Trustee 101 153 Section 6.09. Restoration of Rights and Remedies 101 153 Section 6.10. Rights and Remedies Cumulative 101 153 Section 6.11. Delay or Omission Not Waiver 101 153 Section 6.12. Trustee May File Proofs of Claim 101 153 Section 6.13. Priorities 101 154 Section 6.14. Undertaking for Costs 102 TRUSTEE 102 154 Section 7.01. Duties of Trustee 102 154 Section 7.02. Rights of Trustee 103 155 Section 7.03. Individual Rights of Trustee 104 157 Section 7.04. Trustee’s Disclaimer 105 157 Section 7.05. Notice of Defaults 105 158 Section 7.06. [Reserved] 105 Section 7.07. Compensation and Indemnity 105 158 Section 7.087.07. Replacement of Trustee 106 159 Section 7.097.08. Successor Trustee by MergerXxxxxx, etc. 106 etc 160 Section 7.107.09. Eligibility; Disqualification 106 160 Section 7.10. Security Documents; Intercreditor Agreements 160 Section 7.11. Preferential Collection Limitation on Duty of Claims Against Issuers 106 LEGAL DEFEASANCE AND COVENANT DEFEASANCE 107 Trustee in Respect of Collateral 161 Section 7.12. Resignation of Agents 161 Section 7.13. Agents’ Rights 162 Section 7.14. FATCA 163 Section 8.01. Option to Effect Legal Defeasance or Covenant Defeasance 107 163 Section 8.02. Legal Defeasance and Discharge 107 163 Section 8.03. Covenant Defeasance 107 164 Section 8.04. Conditions to Legal or Covenant Defeasance 108165