Common use of Substitution of the Issuer Clause in Contracts

Substitution of the Issuer. Notwithstanding any other provision contained in this Indenture, the Issuer may, without the consent of the Holders, be replaced and substituted by any Wholly-Owned Subsidiary of the Company as principal debtor (in such capacity, the “Substituted Debtor”) in respect of the Notes, provided that:

Substitution of the Issuer. Notwithstanding any other provision contained in this Indenture, the Issuer may, without the consent of the HoldersHolders (and by purchasing or subscribing for any Securities, each Holder expressly consents to it), be replaced and substituted by (i) the Company or (ii) any Wholly-Owned Subsidiary of the Company as principal debtor (in such capacity, the “Substituted Debtor”) in respect of the Notes, Securities; provided that: