Conversion, Consolidation or Succession to Business. Any Person into which the Institutional Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Institutional Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the Institutional Trustee shall be the successor of the Institutional Trustee hereunder, provided such Person shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto.
Appears in 10 contracts
Samples: Declaration of Trust (Bankatlantic Bancorp Inc), Declaration of Trust (Ecb Bancorp Inc), Declaration of Trust (Eurobancshares Inc)
Conversion, Consolidation or Succession to Business. Any Person into which the Institutional Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Institutional Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the Institutional Trustee shall be the successor of the Institutional Trustee hereunder, provided such Person shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto.. ARTICLE V
Appears in 4 contracts
Samples: Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (First Community Bancorp /Ca/), Declaration of Trust (State National Bancshares, Inc.)
Conversion, Consolidation or Succession to Business. Any --------------------------------------------------- Person into which the Institutional Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Institutional Trustee shall be a party, or any Person succeeding to all or substantially all the corporate trust business of the Institutional Trustee shall be the successor of the Institutional Trustee hereunder, provided such Person shall be otherwise qualified and eligible under this Article, without the execution or filing of any paper or any further act on the part of any of the parties hereto.
Appears in 2 contracts
Samples: Declaration of Trust (Community Capital Bancshares Inc), Declaration of Trust (Prosperity Bancshares Inc)
