Common use of Assignment by Trustee Clause in Contracts

Assignment by Trustee. (a) If the Trustee is replaced by a new trustee of the Trust, the Trustee must, with effect upon the appointment of the new trustee of the Trust, assign its rights and liabilities under this Agreement to the new trustee of the Trust.

Appears in 7 contracts

Samples: qcaprod.australiaeast.cloudapp.azure.com, www.qca.org.au, citeseerx.ist.psu.edu

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Assignment by Trustee. (a) If the Trustee is replaced by a new trustee of the Trust, the Trustee must, with effect upon the appointment of the new trustee of the Trust, assign transfer its rights and liabilities under this Agreement the Transaction Documents to the new trustee of the Trust.

Appears in 4 contracts

Samples: mc-71bd5e2a-aade-4067-a0ad-8402-cdn-endpoint.azureedge.net, www.qca.org.au, www.qca.org.au

Assignment by Trustee. (a) If the Trustee is replaced by a new trustee of the Trust, the Trustee must, with effect upon the appointment of the new trustee of the Trust, assign its rights and liabilities under this Agreement to the new trustee of the Trust.:

Appears in 2 contracts

Samples: Funding Agreement, Funding Agreement

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Assignment by Trustee. (a) If the Trustee is replaced by a new trustee of the Trust, the Trustee must, with effect upon the appointment of the new trustee of the Trust, assign transfer its rights and liabilities under this Agreement the Transaction Documents to the new trustee of the Trust.

Appears in 1 contract

Samples: Train Operations Agreement

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