Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Securities and the Indenture, the predecessor corporation will be released from those obligations.
Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor corporation will, except as provided in Article Five, be released from those obligations.
Successor Corporation. 35 Section 5.01. When the Company May Merge or Transfer Assets..................................... 35
Successor Corporation. SECTION 5.01. When the Company May Merge, Etc........... 36
Successor Corporation. SECTION 5.01. Consolidation, Merger and Sale of Assets..............................................94 SECTION 5.02.
Successor Corporation. SECTION 5.01 When Company May Merge, etc...................................18 SECTION 5.02 Successor Corporation or Trust Substituted....................18
Successor Corporation. The Company shall not consolidate with or merge into any other person or transfer its properties and assets substantially as an entirety to any person unless:
(1) either the Company shall be the continuing corporation, or the person (if other than the Company) formed by such consolidation or into which the Company is merged or to which the properties and assets of the Company substantially as an entirety are transferred shall be a corporation, partnership or trust organized and existing under the laws of the United States of America or any State thereof or the District of Columbia and shall expressly assume, by an indenture supplemental hereto, executed and delivered to the Trustee, in form satisfactory to the Trustee, all the obligations of the Company under the Securities and this Indenture;
(2) immediately after giving effect to such transaction, no Default or Event of Default exists; and
(3) the Company has delivered to the Trustee an Officers' Certificate and an Opinion of Counsel, each stating that such consolidation, merger or transfer and such supplemental indenture comply with this Article and that all conditions precedent herein provided for relating to such transaction have been complied with. The successor corporation formed by such consolidation or into which the Company is merged or to which such transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation had been named as the Company herein, and thereafter the predecessor corporation shall be relieved of all obligations and covenants under the Indenture and the Securities, and in the event of such transfer any such predecessor corporation may be dissolved and liquidated. ARTICLE SIX
Successor Corporation. 37 Section 5.1. Limitation on Merger, Sale or Consolidation................................. 37 Section 5.2. Successor Corporation Substituted........................................... 38 ARTICLE VI.
Successor Corporation. When a successor corporation assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article V of the Indenture, the predecessor corporation will, subject to certain exceptions, be released from those obligations.
