Common use of Successor Entity Substituted Clause in Contracts

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations under this Indenture and the Notes.

Appears in 49 contracts

Samples: Indenture (Orthopediatrics Corp), Indenture (BigCommerce Holdings, Inc.), Indenture (SMART Global Holdings, Inc.)

AutoNDA by SimpleDocs

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this the Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this the Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations under this the Indenture and the Notes.

Appears in 4 contracts

Samples: Indenture (Nikola Corp), Supplemental Indenture (Cheesecake Factory Inc), First Supplemental Indenture (Centennial Resource Development, Inc.)

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.017.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this the Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this the Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations with respect to the Note under this the Indenture and the Notes.

Appears in 3 contracts

Samples: Supplemental Indenture (Tellurian Inc. /De/), Supplemental Indenture (Tellurian Inc. /De/), Securities Purchase Agreement (Tellurian Inc. /De/)

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section ‎Section 6.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations under this Indenture and the Notes.

Appears in 2 contracts

Samples: Indenture (Lucid Group, Inc.), Ani Pharmaceuticals Inc

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.017.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this the Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this the Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations under this the Indenture and the Notes.

Appears in 2 contracts

Samples: Fourth Supplemental Indenture (Redwood Trust Inc), Redwood Trust Inc

AutoNDA by SimpleDocs

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this the Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this the Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations with respect to the Note under this the Indenture and the Notes.

Appears in 1 contract

Samples: Supplemental Indenture (Tellurian Inc. /De/)

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.01, the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations under this Indenture and the Notes. Section 6.03.

Appears in 1 contract

Samples: Peabody Energy Corp

Successor Entity Substituted. At the effective time of any Business Combination Event that complies with Section 6.016.01(A) and Section 6.01(B), the Successor Entity (if not the Company) will succeed to, and may exercise every right and power of, the Company under this Indenture and the Notes with the same effect as if such Successor Entity had been named as the Company in this Indenture and the Notes, and, except in the case of a lease, the predecessor Company will be discharged from its obligations under this Indenture and the Notes.

Appears in 1 contract

Samples: Realogy Group LLC

Time is Money Join Law Insider Premium to draft better contracts faster.