Common use of Substitution of the Issuer Clause in Contracts

Substitution of the Issuer. The Company may, without the consent of any Holder of the Securities, be substituted by any (i) Wholly-owned Subsidiary of the Company or (ii) direct or indirect parent of the Company, of which the Company is a Wholly-owned Subsidiary (in that capacity, the “Substituted Debtor”); provided, that the following conditions are satisfied:

Appears in 2 contracts

Samples: Indenture (Arazi S.a r.l.), Indenture (Arazi S.a r.l.)

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Substitution of the Issuer. The Company may, without the consent of any Holder of the SecuritiesNotes, be substituted by any (i) Wholly-owned Subsidiary of the Company or (ii) direct or indirect parent of the Company, of which the Company is a Wholly-owned Subsidiary (in that capacity, the “Substituted Debtor”); provided, that the following conditions are satisfied:

Appears in 2 contracts

Samples: Indenture (Arazi S.a r.l.), Indenture (Arazi S.a r.l.)

Substitution of the Issuer. The Company may, without the consent of any Holder of the SecuritiesNotes, be substituted by any (ia) Wholly-owned Wholly Owned Subsidiary of the Company or (iib) direct or indirect parent of the Company, of which the Company is a Wholly-owned Wholly Owned Subsidiary (in that capacity, the “Substituted Debtor”); provided, that the following conditions are satisfied:

Appears in 1 contract

Samples: Intercreditor Agreement

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Substitution of the Issuer. The Company may, without the consent of any Holder of the SecuritiesNotes, be substituted by any (i) Wholly-owned Subsidiary of the Company or (ii) direct or indirect parent as principal debtor in respect of the Company, of which the Company is a Wholly-owned Subsidiary Notes (in that capacity, the “Substituted Debtor”); provided, that the following conditions are satisfied:

Appears in 1 contract

Samples: Indenture (QGOG Constellation S.A.)

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