Common use of Appointment of Successors Clause in Contracts

Appointment of Successors. Not, without the prior written consent of the Bank, appoint a successor Paying Agent/Registrar or Remarketing Agent; provided, however, that prior written consent shall not be required in circumstances of succession or assignment due to merger, consolidation or other similar action.

Appointment of Successors. Not, without the prior written consent of the Bank, appoint a successor Paying Agent/Registrar or Remarketing Agent; provided, however, that prior written consent shall not be required in circumstances of succession or assignment due to merger, consolidation or other similar action.. DRAFT