RELEASES FOLLOWING DESIGNATION AS AN UNRESTRICTED SUBSIDIARY. In the event that the Company designates a Subsidiary Guarantor to be an Unrestricted Subsidiary, then such Subsidiary Guarantor shall be released and relieved of any obligations under its Subsidiary Guarantee; provided that such designation is conducted in accordance with this Indenture.
Appears in 10 contracts
Samples: Indenture (Neenah Foundry Co), Indenture (Cast Alloys Inc), Tia Indenture (Cast Alloys Inc)
RELEASES FOLLOWING DESIGNATION AS AN UNRESTRICTED SUBSIDIARY. In the event that the Company designates a Subsidiary Guarantor to be an Unrestricted Subsidiary, then such Subsidiary Guarantor shall be released and relieved of any obligations under its Subsidiary Guarantee; provided that such designation is conducted in accordance with this Indenture.
Appears in 9 contracts
Samples: Indenture (Mmi Products Inc), Supplemental Indenture (Trico Marine Services Inc), Trico Marine Services (Trico Marine Services Inc)
RELEASES FOLLOWING DESIGNATION AS AN UNRESTRICTED SUBSIDIARY. In the event that the Company designates a Subsidiary Guarantor to be an Unrestricted Subsidiary, then such Subsidiary Guarantor shall be released and relieved of any obligations under its Subsidiary Guarantee; provided provided, however, that such designation is conducted in accordance with this Indenture.
Appears in 4 contracts
Samples: Indenture (Bristow Group Inc), Indenture (Medic Systems Inc), Pumpkin Air Inc
RELEASES FOLLOWING DESIGNATION AS AN UNRESTRICTED SUBSIDIARY. In the event that the Board of the Directors of Company designates a Subsidiary Guarantor to be an Unrestricted Subsidiary, then such Subsidiary Guarantor shall be released and relieved of any obligations under its Subsidiary Guarantee; provided that such designation is conducted in accordance with this Indenture.
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