Common use of Automatic Succession Clause in Contracts

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. 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 Global Escrow business, shall be the successor 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; 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 Agent immediately prior to such transaction.

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 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 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 escrow-related 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 Partiesparties, anything herein to the contrary notwithstanding; provided, however, that such successor shall assume and be bound to perform all of Agent's duties under this Agreement.

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 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. The undersigned Agent hereby agrees to hold, deal with and dispose of the Assets at any time deposited to the Account in accordance with the foregoing Escrow Agreement.

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 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 Partiesofthe parties, anything herein to the contrary notwithstanding.

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 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 PartiesDepositors, anything herein to the contrary notwithstanding.

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 Partiesparties, anything herein to the contrary notwithstanding.

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 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 PartiesDepositor, anything herein to the contrary notwithstanding.