Termination of Guarantee. Each Guarantee (taken individually) shall be automatically released and shall terminate upon (i) the merger of the respective Guarantor with or into any other Obligor, (ii) the consolidation of the respective Guarantor with another Obligor or (iii) the transfer of all or substantially all of the assets of the respective Guarantor to another Obligor. At the request of the Company, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release.
Appears in 9 contracts
Samples: Fourth Supplemental Indenture (MEADWESTVACO Corp), Third Supplemental Indenture (MEADWESTVACO Corp), Seventh Supplemental Indenture (WestRock Co)
Termination of Guarantee. Each Guarantee guarantee (taken individually) shall be automatically released and shall terminate upon (i) the merger of the respective New Guarantor with or into any other Obligor, (ii) the consolidation of the respective New Guarantor with another Obligor or (iii) the transfer of all or substantially all of the assets of the respective New Guarantor to another Obligor. At the request of the Company, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release.
Appears in 3 contracts
Samples: First Supplemental Indenture (Rock-Tenn CO), First Supplemental Indenture (MEADWESTVACO Corp), First Supplemental Indenture (WestRock Co)
Termination of Guarantee. Each The Guarantee (taken individually) shall be automatically released and shall terminate upon (i) the merger of the respective New Guarantor with or into any other Obligor, (ii) the consolidation of the respective New Guarantor with another Obligor or (iii) the transfer of all or substantially all of the assets of the respective New Guarantor to another Obligor. At the request of the Company, and subject to Section 102 of the Indenture, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release.
Appears in 3 contracts
Samples: Second Supplemental Indenture (WestRock Co), Fourth Supplemental Indenture (WestRock Co), Fifth Supplemental Indenture (WestRock Co)
Termination of Guarantee. Each The Guarantee (taken individually) shall be automatically released and shall terminate upon (i) the merger of the respective New Guarantor with or into any other another Obligor, (ii) the consolidation of the respective New Guarantor with another Obligor or (iii) the transfer of all or substantially all of the assets of the respective New Guarantor to another Obligor. At the request of the Company, and subject to Section 11.4 of the Indenture, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release.
Appears in 1 contract
Termination of Guarantee. Each Guarantee (taken individually) shall be automatically released and shall terminate upon (ia) the merger of the respective Guarantor with or into any other another Obligor, (iib) the consolidation of the respective Guarantor with another Obligor or Obligor, (iiic) the transfer of all or substantially all of the assets of the respective Guarantor to another Obligor. At , or (d) the request termination of a Guarantor's guarantee of the Company's obligations under each of the Bank Credit Facilities. For the purposes of this Section 1402, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release."
Appears in 1 contract
Samples: Indenture (Meadwestvaco Corp)
Termination of Guarantee. Each The Guarantee (taken individually) shall be automatically released and shall terminate upon (i) the merger of the respective New Guarantor with or into any other Obligor, (ii) the consolidation of the respective New Guarantor with another Obligor or (iii) the transfer of all or substantially all of the assets of the respective New Guarantor to another Obligor. At the request of the Company, the Trustee will execute and deliver any documents, instructions or instruments evidencing any such release.
Appears in 1 contract
