Successors and Assigns of Company Bound by Indenture Sample Clauses

The 'Successors and Assigns of Company Bound by Indenture' clause establishes that any entity which succeeds to or is assigned the rights and obligations of the company under the indenture is legally bound by its terms. In practice, this means that if the company merges with another entity, is acquired, or transfers its obligations to a third party, the new entity must honor all the commitments and responsibilities set forth in the indenture. This clause ensures continuity and enforceability of the indenture's provisions, preventing the company from escaping its obligations through restructuring or transfer.
Successors and Assigns of Company Bound by Indenture. All the covenants, stipulations, promises and agreements in this Indenture contained by or on behalf of the Company shall bind its successors and assigns, whether so expressed or not.
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Successors and Assigns of Company Bound by Indenture. All the covenants, stipulations, promises and agreements in this Indenture contained by or in behalf of the Company will bind its successors and assigns, whether so expressed or not.
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Successors and Assigns of Company Bound by Indenture. All the agreements of the Company in the Indenture and the Securities shall bind its successors and assigns.
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Successors and Assigns of Company Bound by Indenture. All the covenants, stipulations, promises and agreements in the Second Supplemental Indenture contained by or on behalf of the Company shall bind its successors and assigns, whether so expressed or not.
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Successors and Assigns of Company Bound by Indenture. All the covenants, stipulations, promises and agreements in this Indenture contained by or on behalf of the Company shall bind its successors and assigns, whether so expressed or not, and the provisions hereof shall bind the heirs, executors, administrators, successors and assigns of the Holders. Section 1402. ACT OF BOARD, COMMITTEE OR OFFICER OF SUCCESSOR CORPORATION VALID. Any act or proceeding by any provisions of this Indenture authorized or required to be done or performed by any board, committee or officer of the Company shall and may be done and performed with like force and effect by the like board, committee or officer of any corporation that shall at the time be the lawful successor of the Company
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Successors and Assigns of Company Bound by Indenture. All the covenants, stipulations, promises and agreements in this Indenture contained by or on behalf of the Company shall bind its successors and assigns, whether so expressed or not, and the provisions hereof shall bind the heirs, executors, administrators, successors and assigns of the Holders. Section 1402. ACT OF BOARD, COMMITTEE OR OFFICER OF SUCCESSOR CORPORATION VALID. Any act or proceeding by any provisions of this Indenture authorized or required to be done or performed by any board, committee or officer of the Company shall and may be done and performed with like force and effect by the like board, committee or officer of any corporation that shall at the time be the lawful successor of the Company
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Related to Successors and Assigns of Company Bound by Indenture

  • Successors and Assigns; Assignment Except as otherwise provided in this Agreement, this Agreement, and the rights and obligations of the parties hereunder, will be binding upon and inure to the benefit of their respective successors, assigns, heirs, executors, administrators and legal representatives. The Company may assign any of its rights and obligations under this Agreement. No other party to this Agreement may assign, whether voluntarily or by operation of law, any of its rights and obligations under this Agreement, except with the prior written consent of the Company.