Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor the Issuers or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee upon: (a) (i) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
Appears in 4 contracts
Samples: Indenture (OUTFRONT Media Inc.), Indenture (OUTFRONT Media Inc.), Indenture (OUTFRONT Media Inc.)
Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
Appears in 3 contracts
Samples: Indenture (CBS Radio Inc.), Indenture (CBS Radio Inc.), Indenture (CBS Corp)
Release of Guarantees. A (a) Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(ai) (iA) any direct or indirect sale, exchange exchange, disposition or transfer (by merger, consolidation amalgamation, consolidation, dividend, distribution or otherwise) of (ix) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer)Guarantor, after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (iiy) all or substantially all the assets of such Subsidiary Guarantor which Guarantor, in each case if such sale, exchange exchange, disposition or transfer is made in a manner not in violation of compliance with the applicable provisions of this Indenture;
Appears in 3 contracts
Samples: Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.), Indenture (Hilton Worldwide Holdings Inc.)
Release of Guarantees. A Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(ai) (iA) any direct or indirect sale, exchange exchange, disposition or transfer (by merger, consolidation amalgamation, consolidation, dividend, distribution or otherwise) of (ix) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer)Guarantor, after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (iiy) all or substantially all of the assets of such Subsidiary Guarantor which Guarantor, in each case if such sale, exchange exchange, disposition or transfer is made in a manner not in violation of compliance with the applicable provisions of this Indenture;
Appears in 2 contracts
Samples: Indenture (Performance Food Group Co), Indenture (Emdeon Inc.)
Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, discharged and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
Appears in 2 contracts
Samples: Indenture (Entercom Communications Corp), Indenture (Entercom Communications Corp)
Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
Appears in 2 contracts
Samples: Indenture (CBS Outdoor Americas Inc.), Indenture (CBS Outdoor Americas Inc.)
Release of Guarantees. A Each Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor Guarantor, the Issuers or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(ai) (iA) any direct or indirect sale, exchange exchange, disposition or transfer (by merger, consolidation amalgamation, consolidation, dividend, distribution or otherwise) of (ix) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer)Guarantor, after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (iiy) all or substantially all of the assets of such Subsidiary Guarantor which Guarantor, in each case if such sale, exchange exchange, disposition or transfer is made in a manner not in violation of compliance with the applicable provisions of this Indenture;
Appears in 2 contracts
Samples: Indenture (Summit Materials, LLC), Indenture (Summit Materials, LLC)
Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Fourth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Eighteenth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and dischargeddischarged (and all Liens granted pursuant to any Security Document upon any Collateral of such Subsidiary Guarantor automatically released), and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuers, the Collateral Agent or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee upon:
(a) (i) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
Appears in 1 contract
Samples: Indenture (OUTFRONT Media Inc.)
Release of Guarantees. A Each Guarantee by a Subsidiary Guarantor will provide by its terms that it shall be automatically and unconditionally released and dischargeddischarged and shall thereupon terminate and be of no further force and effect, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange exchange, disposition or transfer (by merger, amalgamation, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer)Guarantor, after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary Subsidiary, or (ii) all or substantially all of the assets of such Subsidiary Guarantor which including if to the Issuer or another Guarantor, in each case if such sale, exchange exchange, disposition or transfer is made in a manner not in violation of compliance with the applicable provisions of this Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, discharged and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer, the Trustee or the Trustee Notes Collateral Agent is required for the release of such Subsidiary Guarantor’s Guarantee upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Eighth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Tenth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Fifteenth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Ninth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Sixth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, discharged and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer, the Trustee or the Trustee Second Lien Collateral Agent is required for the release of such Subsidiary Guarantor’s Guarantee upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor which sale, exchange or transfer is made in a manner not in violation of the applicable provisions of this Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Second Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, amalgamation, consolidation or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary Subsidiary; or (ii) any sale, exchange or transfer of all or substantially all the assets of such Subsidiary Guarantor Guarantor; in either case; which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Indenture;
Appears in 1 contract
Samples: Indenture (Constant Contact, Inc.)
Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Sixteenth Supplemental Indenture;
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Release of Guarantees. A Guarantee by a Subsidiary Guarantor shall be automatically and unconditionally released and discharged, and no further action by such Subsidiary Guarantor Guarantor, the Issuers Issuer or the Trustee is required for the release of such Subsidiary Guarantor’s Guarantee Guarantee, upon:
(a1) (iA) any direct or indirect sale, exchange or transfer (by merger, consolidation merger or otherwise) of (i) the Capital Stock of such Subsidiary Guarantor (including any sale, exchange or transfer), after which the applicable Subsidiary Guarantor is no longer a Restricted Subsidiary or (ii) all or substantially all the assets of such Subsidiary Guarantor Guarantor, which sale, exchange or transfer is made in a manner not in violation of compliance with the applicable provisions of this Seventh Supplemental Indenture;
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