Common use of Release of Subsidiary Guarantors Clause in Contracts

Release of Subsidiary Guarantors. If all of the Capital Stock of any Subsidiary Guarantor is sold by the Company or any of its Subsidiaries to a Person (other than the Company or any of its Subsidiaries) in a transaction that complies with the terms of this Indenture and the Net Proceeds from such Asset Sale are used in accordance with Section 4.10, then such Subsidiary Guarantor will be released and discharged from all of its Obligations under its Subsidiary Guarantee of the Notes and this Indenture.

Release of Subsidiary Guarantors. If Upon any Asset Sale of all of the Capital Stock of any a Subsidiary Guarantor is sold by the Company or any of its Subsidiaries to a Person (other than the Company or any of its Subsidiaries) in a transaction that complies accordance with the terms of this Indenture the Financing Documents and the application of the Net Cash Proceeds from such Asset Sale are used to prepay the Debt hereunder pursuant to and in accordance with the amount and order of priority set forth in Section 4.102.10(b), then such Subsidiary Guarantor will shall be released and discharged from all of its Obligations under its this Article 9 and shall not be a “Subsidiary Guarantee of Guarantor” for any purpose under the Notes and this IndentureFinancing Documents.

Release of Subsidiary Guarantors. If all of the Capital Stock of any Subsidiary Guarantor is sold by the Company or any of its Subsidiaries to a Person (other than the Company or any of its Subsidiaries) in a transaction that complies with the terms of this Indenture and the Net Proceeds from such Asset Sale are used in accordance with Section 4.10, then such Subsidiary Guarantor will be released and discharged from all of its Obligations under its Subsidiary Guarantee Guaranty of the Notes and this Indenture.

Release of Subsidiary Guarantors. If all of the Capital Stock of any Subsidiary Guarantor is sold by the Company Issuer or any of its the Subsidiaries to a Person (other than the Company Issuer or any of its Subsidiaries) in a transaction that complies with the terms of this Indenture and the Net Proceeds from such Asset Sale Disposition are used in accordance with Section 4.105.19, then such Subsidiary Guarantor will shall be released ------------ and discharged from all of its Obligations obligations under its Subsidiary Guarantee Guaranty of the Notes Notes, this Indenture and this Indenturethe Collateral Documents.

Release of Subsidiary Guarantors. If all of the Capital Stock of any Subsidiary Guarantor is sold by the Company or any of its the Subsidiaries to a Person (other than the Company or any of its Subsidiaries) in a transaction that complies with the terms of this Indenture and the Net Proceeds from such Asset Sale are used in accordance with Section 4.10, then such Subsidiary Guarantor will shall be released and discharged from all of its Obligations obligations under its Subsidiary Guarantee Guaranty of the Notes and this Indenture.