Common use of Successor Corporations Clause in Contracts

Successor Corporations. In the case of the reorganization, reconstruction, consolidation, amalgamation, arrangement or merger of the Corporation or transfer, sale or lease of the undertaking or assets of the Corporation as an entirety, or substantially as an entirety, to another corporation, the successor corporation resulting from such reorganization, reconstruction, consolidation, amalgamation, arrangement, merger or transfer, sale or lease (if not the Corporation) will be bound by the provisions hereof and for the due and punctual performance and observance of each and every covenant and obligation contained in this Agreement to be performed by the Corporation and will, as a condition precedent to any such transaction, agree to succeed to and be substituted for the Corporation by supplemental agreement in form satisfactory to the Agent and executed and delivered to the Agent with the same effect as closely as may be possible as if it had been named herein.

Appears in 3 contracts

Samples: Warrant Agreement (Kinross Gold Corp), Warrant Agreement (Kinross Gold Corp), Warrant Agreement (Kinross Gold Corp)

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Successor Corporations. In the case of the reorganization, reconstruction, consolidation, amalgamation, arrangement or merger of the Corporation or transfer, sale or lease of the undertaking or assets of the Corporation as an entirety, or substantially as an entirety, to another corporation, the successor corporation resulting from such reorganization, reconstruction, consolidation, amalgamation, arrangement, merger or transfertransfer of the undertaking or assets of the Company as an entirety or substantially as an entirety to or with another corporation (“Successor Corporation”), sale the Successor Corporation resulting from such consolidation, amalgamation, arrangement, merger or lease transfer (if not the CorporationCompany) will be bound expressly assume, by supplemental indenture in a form satisfactory to the provisions hereof Special Warrant Agent, acting reasonably, and for executed and delivered to the Special Warrant Agent, the due and punctual performance and observance of each and every covenant and obligation contained in condition of this Agreement Indenture to be performed and observed by the Corporation and will, as a condition precedent to any such transaction, agree to succeed to and be substituted for the Corporation by supplemental agreement in form satisfactory to the Agent and executed and delivered to the Agent with the same effect as closely as may be possible as if it had been named hereinCompany.

Appears in 2 contracts

Samples: Special Warrant Indenture, Special Warrant Indenture

Successor Corporations. In the case of the reorganization, reconstruction, consolidation, amalgamation, arrangement or merger of the Corporation or transfer, sale or lease of the undertaking or assets of the Corporation as an entirety, or substantially as an entirety, to another corporation, the successor corporation resulting from such reorganization, reconstruction, consolidation, amalgamation, arrangement, merger or transfertransfer of the undertaking or assets of the Company as an entirety or substantially as an entirety to or with another corporation ("Successor Corporation"), sale the Successor Corporation resulting from such consolidation, amalgamation, arrangement, merger or lease transfer (if not the CorporationCompany) will be bound expressly assume, by supplemental indenture in a form satisfactory to the provisions hereof Special Warrant Agent, acting reasonably, and for executed and delivered to the Special Warrant Agent, the due and punctual performance and observance of each and every covenant and obligation contained in condition of this Agreement Indenture to be performed and observed by the Corporation and will, as a condition precedent to any such transaction, agree to succeed to and be substituted for the Corporation by supplemental agreement in form satisfactory to the Agent and executed and delivered to the Agent with the same effect as closely as may be possible as if it had been named hereinCompany.

Appears in 1 contract

Samples: Special Warrant Indenture

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Successor Corporations. In the case of the reorganization, reconstruction, consolidation, amalgamation, arrangement merger or merger of the Corporation or transfer, sale or lease transfer of the undertaking or assets of the Corporation as an entirety, entirety or substantially as an entirety, entirety to another corporation (“successor corporation”), the successor corporation resulting from such reorganization, reconstruction, consolidation, amalgamation, arrangement, merger or transfer, sale or lease transfer (if not the Corporation) will be bound shall expressly assume, by supplemental agreement satisfactory in form to Counsel to the provisions hereof Subscription Receipt Agent and for executed and delivered to the Subscription Receipt Agent, the due and punctual performance and observance of each and every covenant and obligation contained in condition of this Agreement to be performed and observed by the Corporation and will, as a condition precedent to any such transaction, agree to succeed to and be substituted for the Corporation successor corporation shall by supplemental agreement satisfactory in form satisfactory term to the Subscription Receipt Agent and executed and delivered to the Agent with the same effect as closely as may be possible as if it had been named hereinSubscription Receipt Agent, expressly assuming those obligations.

Appears in 1 contract

Samples: Subscription Receipt Agreement (Postmedia Network Canada Corp.)

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