Substitution of Obligor. The Company and the Guarantor may at any time, without the consent of any Holders, arrange for and cause the substitution of the Guarantor (including any successor Guarantor pursuant to Section 5.04) or any subsidiary of the Guarantor (the "Substituted Obligor") in place of the Company as the principal obligor in respect of any series of Securities, subject to the conditions that:
Appears in 4 contracts
Samples: Glaxosmithkline Capital Inc, Glaxosmithkline PLC, Glaxosmithkline Capital Inc
