Predecessor Securities Sample Clauses
The Predecessor Securities clause defines how securities issued by a company prior to a specific event—such as a merger, acquisition, or restructuring—are treated under the new arrangement. It typically outlines whether these earlier securities will be converted, exchanged, or otherwise affected, and may specify the terms of such treatment, such as conversion ratios or rights adjustments. This clause ensures that holders of older securities understand their rights and the status of their investments after significant corporate changes, thereby providing clarity and continuity during transitions.
Predecessor Securities. All Definitive Securities and Global Securities issued upon any registration of transfer or exchange of Notes pursuant to Section 2.06 or in replacement of a lost, destroyed or wrongfully taken Note pursuant to Section 2.07 shall evidence the same debt, and be entitled to the same benefits under this Indenture, as the predecessor Note or Notes surrendered upon such registration of transfer or exchange or lost, destroyed or wrongfully taken, as the case may be.
Predecessor Securities. All Securities issued upon any registration of transfer or exchange of Securities or in replacement of a lost, destroyed or stolen Security pursuant to Section 2.07 shall evidence the same debt, and be entitled to the same benefits under this Indenture, as the predecessor Security or Securities surrendered upon such registration of transfer or exchange or lost, destroyed or stolen, as the case may be.
Predecessor Securities. 22 SECTION 2.15 Record Date...........................................................23
Predecessor Securities. 23 SECTION 2.15
Predecessor Securities. 9 Principal Manufacturing Facility............................ 9