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, 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 or 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 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 while any of the Covered Bonds remain outstandingoutstanding will give notice thereof to the Rating Agencies.

Change of Bond Trustee. If In the event that there is any change in the identity of the Bond TrusteeTrustee or an additional Bond Trustee is appointed in accordance with the Security Agreement, as the 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 and obligations or powers of the outgoing Bond Trustee under this Agreement and under the Security Agreement and releasing the outgoing retiring Bond Trustee from any future further obligations under this Agreement. Notice thereof will be given to the Rating Agencies for so long as any of the Covered Bonds remain outstandingthereunder.

Change of Bond Trustee. If In the event that there is any change in the identity of the Bond TrusteeTrustee or an additional Bond Trustee is appointed in accordance with the Security Agreement, as the case may be, the Cash Manager, solely in its capacity as cash manager, 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 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 while any of the Covered Bonds remain outstandingoutstanding will give notice thereof to the Rating Agencies.

Change of Bond Trustee. If there is any change in the identity of the Bond TrusteeTrustee in accordance with the Security 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 obligations powers of the outgoing Bond Trustee under this Agreement and under the Security Agreement and releasing the outgoing Bond Trustee from any its 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 or 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 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 while any of the Covered Bonds remain outstandingoutstanding will give notice thereof to the Rating Agencies.