Common use of Successor Person Clause in Contracts

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 3 contracts

Sources: Indenture (Trilogy International Partners Inc.), Indenture (Trilogy International Partners Inc.), Indenture (Alignvest Acquisition Corp)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the 5-Year Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 3 contracts

Sources: Indenture (Wesco International Inc), Indenture (Wesco International Inc), Indenture (Wesco International Inc)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 2 contracts

Sources: Indenture (Wesco International Inc), Indenture (Sears Holdings Corp)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the 8-Year Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 2 contracts

Sources: Indenture (Wesco International Inc), Indenture (Wesco International Inc)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the Notes and the Indenture Purchase Agreement and the transaction complies with the terms of Article Five of the IndenturePurchase Agreement, the predecessor Person or other entity will, except as provided in Article Five, be released from those obligations.

Appears in 2 contracts

Sources: Note Purchase Agreement (Trilogy International Partners Inc.), Note Purchase Agreement (Trilogy International Partners Inc.)

Successor Person. When a successor Person or other entity assumes all the obligations of its predecessor under the 8-Year Notes and the Indenture and the transaction complies with the terms of Article Five of the Indenture, the predecessor Person or other entity corporation will, except as provided in Article Five, be released from those obligations.

Appears in 1 contract

Sources: Indenture (Wesco International Inc)