Common use of Successor Company Substituted Clause in Contracts

Successor Company Substituted. Upon any consolidation or merger of the Company, in which the Company is not the continuing entity, or any sale, lease, conveyance, transfer or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01, the Successor formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance, transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of the Company under this Indenture and the Securities with the same effect as if such Successor had been named as the Company herein and the predecessor Company, in the case of a sale, conveyance, transfer or other disposition, shall be released from all obligations under this Indenture and the Securities, provided, that in the case of a lease of all or substantially all its assets, the predecessor Company will not be released from its obligations under this Indenture or the Securities.

Successor Company Substituted. Upon any consolidation or merger of the Company, in which the Company is not the continuing entity, or any sale, lease, conveyance, transfer or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01, the Successor formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance, transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of the Company under this Indenture and the Securities with the same effect as if such Successor had been named as the Company herein and the predecessor Company, in the case of a sale, conveyance, transfer or other disposition, shall be released from all obligations under this Indenture and the Securities, provided, that in the case of a lease of all or substantially all its assets, the predecessor Company will not be released from its obligations under this Indenture or the Securities.. ​

Successor Company Substituted. Upon any consolidation or merger of the Company, in which the Company is not the continuing entity, or any sale, lease, conveyance, transfer or other disposition of all or substantially all of the assets of the Company in accordance with Section 5.01, the Successor formed by such consolidation or into or with which the Company is merged or to which such sale, lease, conveyance, transfer or other disposition is made shall succeed to, and be substituted for, and may exercise every right and power of the Company under this Indenture and the Securities with the same effect as if such Successor had been named as the Company herein and the predecessor Company, in the case of a sale, conveyance, transfer or other disposition, shall be released from all obligations under this Indenture and the Securities, provided, that in the case of a lease of all or substantially all its assets, the predecessor Company will not be released from its obligations under this Indenture or the Securities.. Table of ContentsTable of Contents

Successor Company Substituted. Upon any merger, consolidation or merger of the Company, in which the Company is not the continuing entity, amalgamation or any sale, leaseassignment, transfer, conveyance, transfer lease or other disposition of all or substantially all of the properties and assets of the Company in accordance with Section 5.01, the Successor formed by such consolidation or into or with 5.1 in which the Company is merged or to which such salenot the continuing obligor under this Indenture, lease, conveyance, transfer or other disposition is made the Successor Entity shall succeed to, and be substituted for, and may exercise every right and power of of, the Company under this Indenture and the Securities with the same effect as if such Successor successor had been named as the Company herein therein, and the predecessor Companyany Note authenticated or delivered prior to such merger, in the case of a consolidation, amalgamation, sale, assignment, transfer, conveyance, transfer lease or other disposition, shall disposition may be released from exchanged as provided in this Indenture. When a successor assumes all the obligations of its predecessor under this Indenture and the SecuritiesNotes, provided, the predecessor shall be released from those obligations; provided that in the case of a lease of all or substantially all its assetstransfer by lease, the predecessor Company will shall not be released from its obligations under this Indenture or the Securitiespayment of principal, premium, if any, and interest on the Notes.