Common use of Supplement of the Original Indenture Clause in Contracts

Supplement of the Original Indenture. SECTION 1.1. Supplement to Article One of the Original Indenture. Section 101 of the Original Indenture is supplemented or superseded with respect to the Debentures, in the case of definitional paragraphs that may be inconsistent, by inserting therein, in alphabetical order, the following definitional paragraphs: "Adjusted Net Assets" of a Subsidiary Guarantor at any date shall mean the amount by which the Fair Value of the properties and assets of such Subsidiary Guarantor exceeds the total amount of liabilities, including, without limitation, contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under its Subsidiary Guarantee, of such Subsidiary Guarantor at such date.

Appears in 2 contracts

Samples: Supplemental Indenture (Pride International Inc), Pride International Inc

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Supplement of the Original Indenture. SECTION 1.1Section 1.01. Supplement to Article One of the Original Indenture. Section 101 of the Original Indenture is supplemented or superseded with respect to the DebenturesNotes, in the case of definitional paragraphs that may be inconsistent, by inserting therein, in alphabetical order, the following definitional paragraphs: "Adjusted Net Assets" of a Subsidiary Guarantor at any date shall mean the amount by which the Fair Value of the properties and assets of such Subsidiary Guarantor exceeds the total amount of liabilities, including, without limitation, contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under its Subsidiary Guarantee, of such Subsidiary Guarantor at such date.

Appears in 1 contract

Samples: Supplemental Indenture (Pride International Inc)

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Supplement of the Original Indenture. SECTION 1.11.01. Supplement to Article One of the Original Indenture. Section 101 of the Original Indenture is supplemented or superseded with respect to the DebenturesNotes, in the case of definitional paragraphs that may be inconsistent, by inserting therein, in alphabetical order, the following definitional paragraphs: "Adjusted Net Assets" of a Subsidiary Guarantor at any date shall mean the amount by which the Fair Value of the properties and assets of such Subsidiary Guarantor exceeds the total amount of liabilities, including, without limitation, contingent liabilities (after giving effect to all other fixed and contingent liabilities incurred or assumed on such date), but excluding liabilities under its Subsidiary Guarantee, of such Subsidiary Guarantor at such date.

Appears in 1 contract

Samples: Supplemental Indenture (Pride International Inc)

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