Common use of SUCCESSOR OBLIGORS Clause in Contracts

SUCCESSOR OBLIGORS. When a successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations.

Appears in 19 contracts

Samples: Seventeenth Supplemental Indenture (Berkshire Hathaway Energy Co), Sixteenth Supplemental Indenture (Berkshire Hathaway Energy Co), Fifteenth Supplemental Indenture (Berkshire Hathaway Energy Co)

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SUCCESSOR OBLIGORS. When a successor assumes all the obligations of its predecessor under the Securities of this series Notes and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations, except in the case of a lease.

Appears in 11 contracts

Samples: Fourth Supplemental Indenture (Williams Companies, Inc.), Fourth Supplemental Indenture (Williams Companies, Inc.), Tenth Supplemental Indenture (Williams Partners L.P.)

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SUCCESSOR OBLIGORS. When a successor assumes all the obligations of its predecessor under the Securities of this series and the Indenture in accordance with the terms of the Indenture, the predecessor will be released from those obligations.. NY\5987043.8

Appears in 1 contract

Samples: Ninth Supplemental Indenture (Midamerican Energy Holdings Co /New/)

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