Automatic Succession. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor to the Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.
Automatic Succession. Any business entity into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any entity resulting from any merger, conversion or consolidation to which the Escrow Agent shall be a party, or any entity succeeding to all or substantially all of the corporate trust business of the Escrow Agent, shall be the successor of the Escrow Agent hereunder, without the execution or filing of any paper or any further act on the part of any of the parties hereto.
Automatic Succession. Any company into which the Agent may be merged or with which it may be consolidated, or any company to whom Agent may transfer a substantial amount of its Escrow business, shall be the successor to the Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.
Automatic Succession. Upon the Company's consent, any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer substantially all of its assets, shall be the successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding. The successor escrow agent shall be vested with all the estates, properties, rights, powers, and duties of the predecessor escrow agent as if originally named as escrow agent.
Automatic Succession. Notwithstanding any other provision of this Section 11, any Permitted Bank into which the Escrow Agent is merged or with which it is consolidated, or any Permitted Bank to which the Escrow Agent transfers a substantial portion of its escrow business shall be the successor escrow agent without the execution or filing of any paper or any further act on the part of any party hereto.
Automatic Succession. Notwithstanding any other provision to the contrary contained herein, any corporation or association into which the Tender Agent may be converted or merged, or with which it may be consolidated, or to which it may be consolidated, or to which it may sell or transfer its marketing business and assets as a whole or substantially as a whole, shall become successor Tender Agent hereunder and fully vested with all of the rights, powers, trusts, duties and obligations of Tender Agent hereunder, without the execution or filing of any instrument or any further act.
Automatic Succession. Notwithstanding any other provision to the contrary contained herein, any corporation or association into which a Remarketing Agent may be converted or merged, or with which it may be consolidated, or to which it may be consolidated, or to which it may sell or transfer its marketing business and assets as a whole or substantially as a whole, shall become successor Remarketing Agent hereunder and fully vested with all of the rights, powers, trusts, duties and obligations of a Remarketing Agent hereunder, without the execution or filing of any instrument or any further act.
Automatic Succession. Any company into which the Escrow Agent may be merged or with which it may consolidated, or any company to whom Escrow Agent may transfer a substantial amount of its global escrow business, shall be the successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding; provided that the combined capital and surplus of such successor shall not be, immediately following such transaction, substantially less than the combined capital and surplus of the Escrow Agent immediately prior to such transaction.
Automatic Succession. Any bank or trust company into which Custodian or any successor Custodian may be merged or converted or with which it or any successor Custodian may be consolidated or any bank or trust company resulting from any merger, conservation or consolidation to which Custodian or any successor Custodian shall be a party or any bank or trust company succeeding to the business of Custodian or any successor Custodian, shall be substituted as successor Custodian under this Agreement and any amendments thereof without the execution of any instrument or any further act on the part of AECC or Custodian or any successor Custodian.
Automatic Succession. Notwithstanding anything to the contrary -------------------- contained herein, any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom Escrow Agent may transfer a substantial amount of its global escrow business, shall be the successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the parties hereto, except that Escrow Agent shall notify Semtech and the Shareholders of such succession as soon as practicable following the occurrence thereof.
