Examples of Escrow Merger in a sentence
Without limiting the assumption by operation of law upon the Escrow Merger, the Issuer hereby becomes party to the Indenture as the “Issuer” for all purposes thereof and as such will have all of the rights and be subject to all of the obligations and agreements of the “Issuer” under the Indenture.
All payments of principal, Redemption Price and accrued unpaid interest in respect of the Notes shall be made by the Issuer prior to the Escrow Merger, and after the Escrow Merger by the Company by wire transfer of immediately available funds in U.S. Dollars to the Depositary or its nominee, as the case may be, as the registered owner of the Global Notes representing such Notes.
Upon consummation of the Transactions, the Escrow Merger and the Assumption, the Notes shall be subject to redemption by the Company in whole or in part in the manner described herein.
Prior to the Escrow Merger, the Escrow Issuer will not own, hold or otherwise have any interest in any assets other than the Escrowed Property.
Notwithstanding anything in this Indenture to the contrary, the Escrow Merger upon (or substantially concurrently with) the consummation of the Assumption shall be permitted under this Indenture.