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 54 contracts

Samples: Indenture (Fluence Energy, Inc.), Indenture (Guidewire Software, Inc.), Indenture (Core Scientific, Inc./Tx)

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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: First Supplemental Indenture (Nikola Corp), First 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: Eighth Supplemental Indenture (Tellurian Inc. /De/), Ninth 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 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: Fifth Supplemental Indenture (Redwood Trust Inc), Fourth Supplemental Indenture (Redwood Trust Inc)

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

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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: Indenture (Realogy Group LLC)

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

Successor Entity Substituted. At the effective time of any Company Business Combination Event that complies with Section 6.01, the Company 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 Company 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: Indenture (Pagaya Technologies Ltd.)

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