Common use of Change of Bond Trustee Clause in Contracts

Change of Bond Trustee. If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable), the parties to this Agreement will execute such documents and take such action as the successor Bond Trustee and the outgoing Bond Trustee may reasonably require for the purpose of vesting in the successor Bond Trustee the rights of the outgoing Bond Trustee under this Agreement.

Change of Bond Trustee. If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)Trustee, the parties to this Agreement will execute such documents and take such action as the successor Bond Trustee and the outgoing Bond Trustee may reasonably require for the purpose of vesting in the successor Bond Trustee the rights and obligations of the outgoing Bond Trustee under this Agreement and under the Security Agreement and releasing the outgoing Bond Trustee from any future obligations under this Agreement. Notice thereof will be given to the Rating Agencies for so long as any of the Covered Bonds remain outstanding.

Change of Bond Trustee. If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)an additional Bond Trustee is appointed, the remaining Bond Trustee and/or the retiring Bond Trustee, the Seller and the Guarantor will execute such documents with any other parties to this Agreement will execute such documents and take such action actions as the successor Bond Trustee and the outgoing such new Bond Trustee may reasonably require for the purpose purposes of vesting in the successor such new Bond Trustee the rights of the outgoing Bond Trustee under this AgreementAgreement and under the Security Agreement and while any of the Covered Bonds remain outstanding will give notice thereof to the Rating Agencies.

Change of Bond Trustee. If there is any a change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)this Agreement, the parties to this Agreement will execute such documents and take such action as the successor Bond Trustee and the outgoing Bond Trustee may reasonably require for the purpose of vesting in the successor Bond Trustee the rights and powers of the outgoing Bond Trustee under this Agreement and releasing the outgoing Bond Trustee from its future obligations under this Agreement.

Change of Bond Trustee. If In the event that there is any change in the identity of the Bond Trustee or an additional Bond Trustee is appointed in accordance with the Security Agreement or Agreement, as the Trust Deed (as applicable)case may be, the parties to this Agreement will shall execute such documents and take such action actions as the successor Bond Trustee and the outgoing such new Bond Trustee may reasonably require for the purpose purposes of vesting in the successor such new Bond Trustee the rights or powers of the outgoing Bond Trustee under this AgreementAgreement and under the Security Agreement and releasing the retiring Bond Trustee from further obligations thereunder.

Change of Bond Trustee. If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)Agreement, the parties to this Agreement Account Bank, the Cash Manager, the GDA Provider and the Guarantor will execute such documents and take such action as the successor Bond Trustee and the outgoing Bond Trustee may reasonably require for the purpose of vesting in the successor Bond Trustee the rights and powers of the outgoing Bond Trustee under this Agreement and releasing the outgoing Bond Trustee from its future obligations under this Agreement.

Change of Bond Trustee. If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)Agreement, the parties to this Agreement Guarantor, the Cash Manager and the GDA Provider will execute such documents and take such action as the successor Bond Trustee and the outgoing Bond Trustee may reasonably require for the purpose of vesting in the successor Bond Trustee the rights and obligations of the outgoing Bond Trustee under this Agreement and releasing the outgoing Bond Trustee from its future obligations under this Agreement.

Change of Bond Trustee. 8.1 If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)Deed, the parties to of this Agreement will execute such documents and take such action as the successor Bond Trustee and the outgoing Bond Trustee may reasonably require for the purpose of vesting in the successor Bond Trustee the rights of the outgoing Bond Trustee under this Agreement.

Change of Bond Trustee. If there is any change in the identity of the Bond Trustee in accordance with the Security Agreement or the Trust Deed (as applicable)an additional Bond Trustee is appointed, the remaining Bond Trustee and/or the retiring Bond Trustee, the Servicer, the Seller and the Guarantor will execute such documents with any other parties to this Agreement will execute such documents and take such action actions as the successor Bond Trustee and the outgoing such new Bond Trustee may reasonably require for the purpose purposes of vesting in the successor such new Bond Trustee the rights of the outgoing Bond Trustee under this AgreementAgreement and under the Security Agreement and while any of the Covered Bonds remain outstanding will give notice thereof to the Rating Agencies.