Common use of Credit Event Upon Merger Clause in Contracts

Credit Event Upon Merger. The “Credit Event Upon Merger” provisions in Section 5(b)(iv) are hereby amended by: (I) deleting in the fourth line thereof the words “another entity” and replacing them with the words “or reorganizes, incorporates, reincorporates, reconstitutes, or reforms into or as, or receives all or substantially all of the assets and/or liabilities or obligations of, another entity or X, such Credit Support Provider, or such Specified Entity, as the case may be,”; (II) deleting in the fifth line thereof the words “the resulting, surviving or transferee” and replacing them with the words “X, such Credit Support Provider, or such Specified Entity, as the case may be, or any resulting, surviving, transferee, reorganized, reconstituted or reformed”; and (III) deleting in the seventh line thereof the words “its successor or transferee” and replacing them with the words “any resulting, surviving, transferee, reorganized, reconstituted or reformed entity”.

Credit Event Upon Merger. The “"Credit Event Upon Merger” " provisions in Section 5(b)(iv) are hereby amended by: (I) deleting in the fourth line thereof the words “"another entity” " and replacing them with the words “"or reorganizes, incorporates, reincorporates, reconstitutes, or reforms into or as, or receives all or substantially all of the assets and/or liabilities or obligations of, another entity or X, such Credit Support Provider, or such Specified Entity, as the case may be,”"; (II) deleting in the fifth line thereof the words “"the resulting, surviving or transferee” " and replacing them with the words “"X, such Credit Support Provider, or such Specified Entity, as the case may be, or any resulting, surviving, transferee, reorganized, reconstituted or reformed”"; and (III) deleting in the seventh line thereof the words “its successor or transferee” and replacing them with the words “any resulting, surviving, transferee, reorganized, reconstituted or reformed entity”.and

Credit Event Upon Merger. The “Credit Event Upon Merger” provisions in Section 5(b)(iv) are hereby amended by: (I) deleting in the fourth line thereof the words “another entity” and replacing them with the words “or reorganizes, incorporates, reincorporates, reconstitutes, or reforms into or as, or receives all or substantially all of the assets and/or liabilities or obligations of, another entity or X, such Credit Support Provider, or such Specified Entity, as the case may be,”; (II) deleting in the fifth line thereof the words “the resulting, surviving or transferee” and replacing them with the words “X, such Credit Support Provider, or such Specified Entity, as the case may be, or any resulting, surviving, transferee, reorganized, reconstituted or reformed”; and (III) deleting in the seventh line thereof the words “its successor or transferee” and replacing them with the words “any resulting, surviving, transferee, reorganized, reconstituted or reformed entity”.and