Common use of Appointment of Exchange Trustee under the Share Exchange Agreement Clause in Contracts

Appointment of Exchange Trustee under the Share Exchange Agreement. Each Holder of Trust Notes — Series 2016-A, by such Holder’s acceptance thereof, hereby appoints CST Trust Company, and any successor thereto or permitted assignee thereof, to act for and on its behalf under and for the purposes contemplated in the Share Exchange Agreement as the “Exchange Trustee” thereunder and to agree to and perform its obligations as a “Holder” under the Share Exchange Agreement in accordance with the terms thereof, and hereby irrevocably and unconditionally authorizes and directs such “Exchange Trustee” to take such actions as may be necessary or appropriate to give effect to the terms of the Share Exchange Agreement (including the Automatic Exchange) and hereby appoints the “Exchange Trustee” as such Holder’s attorney-in-fact for any and all related and incidental purposes.

Appears in 2 contracts

Samples: TransCanada Trust, Transcanada Pipelines LTD

AutoNDA by SimpleDocs

Appointment of Exchange Trustee under the Share Exchange Agreement. Each Holder of Trust Notes — Series 20162017-A, by such Holder’s acceptance thereof, hereby appoints CST Trust Company, and any successor thereto or permitted assignee thereof, to act for and on its behalf under and for the purposes contemplated in the Share Exchange Agreement as the “Exchange Trustee” thereunder and to agree to and perform its obligations as a “Holder” under the Share Exchange Agreement in accordance with the terms thereof, and hereby irrevocably and unconditionally authorizes and directs such “Exchange Trustee” to take such actions as may be necessary or appropriate to give effect to the terms of the Share Exchange Agreement (including the Automatic Exchange) and hereby appoints the “Exchange Trustee” as such Holder’s attorney-in-fact for any and all related and incidental purposes.

Appears in 2 contracts

Samples: Indenture (TransCanada Trust), Transcanada Pipelines LTD

Appointment of Exchange Trustee under the Share Exchange Agreement. Each Holder of Trust Notes — Series 20162019-A, by such Holder’s acceptance thereof, hereby appoints CST AST Trust CompanyCompany (Canada), and any successor thereto or permitted assignee thereof, to act for and on its behalf under and for the purposes contemplated in the Share Exchange Agreement as the “Exchange Trustee” thereunder and to agree to and perform its obligations as a “Holder” under the Share Exchange Agreement in accordance with the terms thereof, and hereby irrevocably and unconditionally authorizes and directs such “Exchange Trustee” to take such actions as may be necessary or appropriate to give effect to the terms of the Share Exchange Agreement (including the Automatic Exchange) and hereby appoints the “Exchange Trustee” as such Holder’s attorney-in-fact for any and all related and incidental purposes.

Appears in 2 contracts

Samples: TransCanada Trust, Transcanada Pipelines LTD

Appointment of Exchange Trustee under the Share Exchange Agreement. Each Holder of Trust Notes — Series 20162015-A, by such Holder’s acceptance thereof, hereby appoints CST Trust Company, and any successor thereto or permitted assignee thereof, to act for and on its behalf under and for the purposes contemplated in the Share Exchange Agreement as the “Exchange Trustee” thereunder and to agree to and perform its obligations as a “Holder” under the Share Exchange Agreement in accordance with the terms thereof, and hereby irrevocably and unconditionally authorizes and directs such “Exchange Trustee” to take such actions as may be necessary or appropriate to give effect to the terms of the Share Exchange Agreement (including the Automatic Exchange) and hereby appoints the “Exchange Trustee” as such Holder’s attorney-in-fact for any and all related and incidental purposes.

Appears in 2 contracts

Samples: TransCanada Trust, Transcanada Pipelines LTD

AutoNDA by SimpleDocs

Appointment of Exchange Trustee under the Share Exchange Agreement. Each Holder of Trust Notes Series 20162022-A, by such Holder’s 's acceptance thereof, hereby appoints CST TSX Trust Company, and any successor thereto or permitted assignee thereof, to act for and on its behalf under and for the purposes contemplated in the Share Exchange Agreement as the "Exchange Trustee" thereunder and to agree to and perform its obligations as a "Holder" under the Share Exchange Agreement in accordance with the terms thereof, and hereby irrevocably and unconditionally authorizes and directs such "Exchange Trustee" to take such actions as may be necessary or appropriate to give effect to the terms of the Share Exchange Agreement (including the Automatic Exchange) and hereby appoints the "Exchange Trustee" as such Holder’s 's attorney-in-fact for any and all related and incidental purposes.

Appears in 1 contract

Samples: TransCanada Trust

Time is Money Join Law Insider Premium to draft better contracts faster.