Successor Note definition
Examples of Successor Note in a sentence
Except as otherwise provided in this Indenture, the Successor Note Guarantor (if other than such Note Guarantor) will succeed to, and be substituted for, such Note Guarantor under this Indenture and such Note Guarantor’s Note Guarantee, and such Note Guarantor will automatically be released and discharged from its obligations under this Indenture and such Note Guarantor’s Note Guarantee.
The Successor Note Guarantor (if not the Issuer) will be the successor to such Note Guarantor and shall succeed to, and be substituted for, and may exercise every right and power of, such Note Guarantor and its Note Guarantee, and the predecessor Note Guarantor, except in the case of a lease, shall be released from its obligations under its Note Guarantee and this Indenture.
This Agreement, the Successor Note, the Original Note and the Credit Agreement and all Security Documents thereunder, and the rights and obligations of the parties hereunder, shall in all respects be governed by, and interpreted and determined in accordance with, the laws of the Commonwealth of Massachusetts (excluding the laws applicable to conflicts or choice of law).
Because of the application of push-down accounting, the consolidated financial statements for the periods ended prior to August 29, 2003 (Predecessor) are not comparable to the consolidated financial statements for the periods ended after August 28, 2003 (Successor) (Note 11).
Notice of the proposed payment of such Defaulted Interest and the Special Record Date therefor having been so mailed, such Defaulted Interest shall be paid to the Person in whose name that Note (or one or more Successor Note) is registered at the close of business on such Special Record Date and shall no longer be payable pursuant to the following Clause (b).
Capital market conditions shall be conclusively established based upon the actual terms, including the rate of interest contained in the Successor Note and related loan documents.
Except as otherwise provided in this Indenture, the Successor Note Guarantor (if other than such Note Guarantor) will succeed to, and be substituted for, such Note Guarantor under this Indenture, such Note Guarantor’s Guarantee and the Security Documents, and such Note Guarantor will automatically be released and discharged from its obligations under this Indenture, such Note Guarantor’s Guarantee and the Security Documents.
Successor Note Trustee by Merger............................................
Successor Note Agent..................................................
Successor Note Trustee by Merger.........................71 SECTION 6.10.