Common use of Successor Guarantor Entity Substituted Clause in Contracts

Successor Guarantor Entity Substituted. At the effective time of any Guarantor Business Combination Event that complies with Section 9.04(A) and Section 9.04(B), the Successor Guarantor Entity (if not the Guarantor) will succeed to, and may exercise every right and power of, the Guarantor under this Indenture and the Notes with the same effect as if such Successor Guarantor Entity had been named as the Guarantor in this Indenture and the Notes, and, except in the case of a lease, the predecessor Guarantor will be discharged from its obligations under this Indenture and the Notes.

Appears in 2 contracts

Samples: Indenture (Spotify Technology S.A.), Inotiv, Inc.

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Successor Guarantor Entity Substituted. At the effective time of any Guarantor Business Combination Event that complies with Section 9.04(A6.03(A) and Section 9.04(B), the Successor Guarantor Entity (if not the Guarantor) will succeed to, and may exercise every right and power of, the Guarantor under this the Indenture and the Notes with the same effect as if such Successor Guarantor Entity had been named as the Guarantor in this the Indenture and the Notes, and, except in the case of a lease, the predecessor Guarantor will be discharged from its obligations under this the Notes and under the Indenture and with respect to the Notes.

Appears in 1 contract

Samples: Indenture (American Airlines, Inc.)

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Successor Guarantor Entity Substituted. At the effective time of any Guarantor Business Combination Event that complies with Section 9.04(A12.04(A) and Section 9.04(B12.04(B), the Successor Guarantor Entity (if not the applicable Guarantor) will succeed to, and may exercise every right and power of, the and also will have each and every obligation of, such Guarantor under this Indenture and the Notes with the same effect as if such Successor Guarantor Entity had been named as the a Guarantor in this Indenture and the Notes, and, except in the case of a lease, the predecessor Guarantor will be discharged from its obligations under this Indenture and the Notes.

Appears in 1 contract

Samples: Post Holdings, Inc.

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