Common use of Successor Corporation Substituted Clause in Contracts

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of the properties of the Company substantially as an entirety in accordance with Section 12.01 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 13 contracts

Samples: Subordinated Indenture (Great Plains Energy Inc), Subordinated Indenture (Great Plains Energy Inc), Subordinated Indenture (Great Plains Energy Inc)

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Successor Corporation Substituted. Upon any consolidation with or mergermerger into any other corporation, or any saleconveyance, transfer or other disposition lease of the properties and assets of the Company substantially as an in their entirety in accordance with Section 12.01 hereof10.1, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, transfer or other disposition lease is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 13 contracts

Samples: Indenture (MGM Mirage), Indenture (MGM Mirage), Indenture (Pinnacle Entertainment Inc)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 11.1 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 6 contracts

Samples: Subordinated Indenture (Xcel Energy Inc), Indenture (Northern States Power Co /Wi/), Indenture (Northern States Power Co /Mn/)

Successor Corporation Substituted. Upon any consolidation with or mergermerger into any other Corporation, or any saleconveyance, transfer or other disposition lease of the properties and assets of the Company substantially as an entirety in accordance with Section 12.01 hereof10.1, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, transfer or other disposition lease is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 5 contracts

Samples: Senior Indenture (Rga Capital Trust Ii), Junior Subordinated Indenture (Reinsurance Group of America Inc), Subordinated Indenture (Rga Capital Trust Ii)

Successor Corporation Substituted. Upon any consolidation consolidation, combination or merger, merger or any sale, transfer of all or other disposition substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereof5.01, in which the Company is not the continuing corporation, the successor corporation Person formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, lease or transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such successor corporation or Person surviving entity had been named as the Company herein and the Company shall be released from all obligations hereunder.such. ARTICLE SIX

Appears in 4 contracts

Samples: Indenture (Roadhouse Grill Inc), Indenture (Magnum Hunter Resources Inc), Indenture (Roadhouse Grill Inc)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer lease or other disposition conveyance of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereof5.01, the successor corporation Corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person Corporation had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 4 contracts

Samples: Indenture (Sierra Pacific Resources), Indenture (Natural Microsystems Corp), Indenture (Natural Microsystems Corp)

Successor Corporation Substituted. Upon any consolidation with or mergermerger into any other corporation, or any saleconveyance, transfer or other disposition lease of the properties and assets of the Company substantially as an in their entirety in accordance with Section 12.01 hereof10.01, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, transfer or other disposition lease is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.herein. ARTICLE ELEVEN

Appears in 3 contracts

Samples: Indenture (Hilton Hotels Corp), Indenture (Hilton Hotels Corp), Indenture (Hilton Hotels Corp)

Successor Corporation Substituted. Upon any consolidation consolidation, combination or merger, merger or any sale, transfer of all or other disposition substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereofthe foregoing, in which the Company is not the continuing corporation, the successor corporation Person formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, lease or transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such successor corporation or Person surviving entity had been named as the Company herein and the Company shall be released from all obligations hereunder.such. ARTICLE SIX

Appears in 3 contracts

Samples: Securities Purchase Agreement (Uti Corp), Indenture (Landmark Theatre Corp), Indenture (Geo Specialty Chemicals Inc)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer of all or other disposition substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereof5.01, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 3 contracts

Samples: Indenture (Aurora Electronics Inc), Indenture (Cerplex Group Inc/De), Indenture (Igene Biotechnology Inc)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer assignment, transfer, lease, conveyance or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety undertaken in accordance with Section 12.01 7.01 hereof, the successor corporation formed by such consolidation or into or with which the Company is merged or the Person to which such sale, transfer assignment, transfer, lease, conveyance 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 with the same effect as if such successor corporation or Person had has been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 2 contracts

Samples: Indenture (Akamai Technologies Inc), Indenture (Akamai Technologies Inc)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 12.1 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 2 contracts

Samples: Indenture of Trust (South Jersey Gas Co/New), Indenture (Northern States Power Co /Mn/)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer transfer, lease or other disposition of the properties of the Company substantially as an entirety in accordance with Section 12.01 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 2 contracts

Samples: Indenture for Senior Debt Securities (KCPL Financing Ii), Indenture for Subordinated Debt Securities (Kansas City Power & Light Co)

Successor Corporation Substituted. Upon any consolidation with or mergermerger into any other corporation, or any saleconveyance, transfer or other disposition lease of the properties and assets of the Company substantially as an entirety in accordance with Section 12.01 hereof10.01, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, transfer or other disposition lease is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.herein. ARTICLE ELEVEN

Appears in 2 contracts

Samples: Indenture (Scotts Company), Subordinated Debt Indenture (Scotts Company)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 13.1 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.. ARTICLE FOURTEEN

Appears in 2 contracts

Samples: Indenture of Trust (Florida Public Utilities Co), Indenture of Trust (Florida Public Utilities Co)

Successor Corporation Substituted. Upon any consolidation consolidation, combination or merger, or any sale, transfer of all or other disposition substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereof5.01 in which the Company is not the continuing corporation, the successor corporation Person formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, lease or transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such successor corporation or Person surviving entity had been named as the Company herein and the Company shall be released from all obligations hereunder.such. ARTICLE SIX

Appears in 2 contracts

Samples: Indenture (Huntsman International LLC), Indenture (Huntsman International LLC)

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Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition conveyance of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereof12.01, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, conveyance or 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 1 contract

Samples: Indenture (Oklahoma Gas & Electric Co)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 11.01 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 1 contract

Samples: Indenture Agreement (Oge Energy Corp)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.. ARTICLE THIRTEEN

Appears in 1 contract

Samples: Indenture (Puget Sound Energy Inc)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer of all or other disposition substantially all of the properties and assets of the Company substantially as an entirety in accordance with Section 12.01 hereof6.01, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.herein. ARTICLE 7

Appears in 1 contract

Samples: Indenture (Forest Oil Corp)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of all or substantially all of the properties assets of the Company substantially as an entirety in accordance with Section 12.01 11.01 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, 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 with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.. ARTICLE TWELVE

Appears in 1 contract

Samples: Senior Unsecured Note Indenture (Nevada Power Co)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer of all or other disposition substantially all of the properties assets, of the Company substantially as an entirety in accordance with Section 12.01 hereofCompany, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, and be subject to all the obligations of, the Company under this Indenture Agreement with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 1 contract

Samples: Securities Purchase Agreement (Tender Loving Care Health Care Services Inc/ Ny)

Successor Corporation Substituted. Upon any consolidation with or mergermerger into any other corporation, or any saleconveyance, transfer or other disposition lease of the properties and assets of the Company substantially as an in their entirety in accordance with Section 12.01 hereof5.01, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such saleconveyance, transfer or other disposition lease is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 1 contract

Samples: Indenture (MGM Mirage)

Successor Corporation Substituted. Upon any consolidation or mergermerger of the Company into another entity, or any sale, conveyance or transfer or other disposition of the properties and assets of the Company substantially as an entirety in accordance with Section 12.01 hereof8.1, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, conveyance or transfer or other disposition is made shall succeed to, and be substituted for for, and may exercise every right and power of, the Company under this Indenture with the same effect as if such successor corporation or Person had been named as the Company herein and the Company shall be released from all obligations hereunderherein.

Appears in 1 contract

Samples: Indenture (Levitt Corp)

Successor Corporation Substituted. Upon any consolidation or merger, or any sale, transfer or other disposition of the properties of the Company substantially as an entirety in accordance with Section 12.01 hereof, the successor corporation formed by such consolidation or into which the Company is merged or the Person to which such sale, transfer or 47 other disposition 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 or Person had been named as the Company herein and the Company shall be released from all obligations hereunder.

Appears in 1 contract

Samples: Indenture (Ameren Corp)

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