Notwithstanding the foregoing, any Subsidiary Guarantor may (1) consolidate with, merge
into or sell, assign, transfer, convey, lease or otherwise dispose of all or part of its properties and assets to another Subsidiary Guarantor or (2) dissolve, liquidate or windup its affairs if at that time it does not hold any material
assets.
(c) Parent will not (1) consolidate or merge with or into another Person (whether or not Parent is the surviving
corporation); or (2) sell, assign, transfer, convey, lease or otherwise dispose of all or substantially all of its properties or assets; unless:
(1) (A) Parent is the surviving corporation; or (B) the Person formed by or surviving any such consolidation or merger (if
other than Parent) or to which such sale, assignment, transfer, conveyance, lease or other disposition has been made is a corporation or limited liability company organized or existing under the laws of the United States, any state of the United
States or the District of Columbia or any territory thereof (Parent or such Person, including the Person to which such sale, assignment, transfer, conveyance, lease or other disposition has been made, as the case may be, being herein called the
Successor Parent Guarantor);
(2) the Successor Parent Guarantor (if other than Parent) assumes all the
obligations of the Guarantor under each Guarantee to which such Guarantor is a party and this Indenture pursuant to a supplemental indenture reasonably satisfactory to the Trustee; and
(3) immediately after such transaction, no Event of Default exists.
Notwithstanding the foregoing, Parent may consolidate with, merge into or sell, assign, transfer, convey, lease or otherwise dispose of all or
part of its properties and assets to the Issuer or to another Subsidiary Guarantor.
(d) For purposes of this Section 5.01, the sale,
lease, conveyance, assignment, transfer or other disposition of all or substantially all of the properties and assets of one or more Restricted Subsidiaries of the Issuer, which properties and assets, if held by the Issuer instead of such Restricted
Subsidiaries, would constitute all or substantially all of the properties and assets of the Issuer on a consolidated basis, shall be deemed to be the sale, lease, conveyance, assignment, transfer or other disposition of all or substantially all of
the properties and assets of the Issuer.
Section 5.02 Successor Entity Substituted.
Upon any consolidation, merger, sale, assignment, transfer, conveyance, lease or other disposition of all or substantially all of the assets
of the Issuer or any of the Guarantors in accordance with Section 5.01 of this Indenture, the Issuer and a Guarantor, as the case may be, will be released from its obligations under this Indenture and the Notes or its Guarantee, as the case may
be, and the successor Issuer and the successor Guarantor, as the case may be, will succeed to, and be substituted for, and may exercise every right and power of, the Issuer or a Guarantor, as the case may be, under this Indenture, the Notes and such
Guarantee; provided that, in the case of a lease of all or substantially all its assets, the Issuer will not be released from the obligation to pay the principal of and interest on the Notes and a Guarantor will not be released from its
obligations under its Guarantee.
ARTICLE 6
DEFAULTS AND REMEDIES
Section 6.01
Events of Default and Remedies.
The following are each an Event of Default under this Indenture:
(1) the Issuer defaults in payment when due and payable, upon redemption, acceleration or otherwise, of principal of, or
premium, if any, on the Notes;
(2) the Issuer defaults in the payment when due of interest on or with respect to the Notes
and such default continues for a period of 30 days;
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