Instruments of Succession. Any successor trustee shall execute, acknowledge and deliver to the Issuer an instrument accepting such appointment hereunder; and thereupon such successor trustee, without any further act, deed or conveyance, shall become fully vested with all the estates, properties, rights, powers, trusts, duties and obligations of its predecessor in the trust hereunder, with like effect as if originally named Trustee herein. The Trustee ceasing to act hereunder shall pay over to the successor trustee all moneys held by it hereunder; and, upon request of the successor trustee, the Trustee ceasing to act and the Issuer shall execute and deliver an instrument transferring to the successor trustee all the estates, properties, rights, powers and trusts hereunder of the Trustee ceasing to act.
Instruments of Succession. Any successor trustee shall execute, acknowledge and deliver to the Authority an instrument accepting such appointment hereunder; and thereupon such successor trustee, without any further act, deed or conveyance, shall become fully vested with all the estates, properties, rights, powers, trusts, duties and obligations of its predecessor in the trust hereunder, with like effect as if originally named Trustee herein. The Trustee ceasing to act hereunder shall pay over to the successor trustee all moneys held by it hereunder; and, upon request of the successor trustee, the Trustee ceasing to act and the Authority shall execute and deliver an instrument transferring to the successor trustee all the estates, properties, rights, powers and trusts hereunder of the Trustee ceasing to act.
Instruments of Succession. Any successor trustee shall execute, acknowledge and deliver to the Issuer an instrument accepting such appointment hereunder; and thereupon such successor trustee, without any further act, deed or conveyance, shall become fully vested with all the estates, properties, rights, powers, trusts, duties and obligations of its predecessor in the trust hereunder, with like effect as if originally named Trustee herein. The Trustee ceasing to act hereunder shall, upon receipt of payment of its charges, pay over to the successor trustee all moneys held by it hereunder and shall deliver to the successor trustee the Note; and, upon request of the successor trustee, the Trustee ceasing to act and the Issuer shall execute and deliver an instrument transferring to the successor trustee all the estates, properties, rights, powers and trusts hereunder of the Trustee ceasing to act. The Company shall be provided with a copy of each instrument mentioned herein.
Instruments of Succession. 41 Section 9.15. Merger of Trustee................................................ 42 Section 9.16. No Transfer of Note; Exceptions................................. 42 Section 9.17. Appointment of Co-Trustee........................................ 42 Section 9.18. Intervention by Trustee.......................................... 42 ARTICLE X.
Instruments of Succession. Subject to Section 11.16 hereof, any successor Trustee shall execute, acknowledge and deliver to the Issuer an instrument accepting such appointment hereunder and thereupon, such successor Trustee, without any further act, deed, or conveyance, shall become fully vested with all the estates, properties, rights, powers, trusts, duties and obligations of its predecessor in trust hereunder, with like effect as if originally named Trustee herein. The Trustee ceasing to act hereunder, after deducting all amounts owed to the Trustee, shall pay over to the successor Trustee all moneys held by it hereunder and, upon request of the successor Trustee, the Trustee ceasing to act and the Issuer shall execute and deliver an instrument or instruments prepared by the Issuer transferring to the successor Trustee all the estates, properties, rights, powers and trusts hereunder of the predecessor Trustee, except for its rights under Section 11.04 hereof.
Instruments of Succession. 40 Section 10.16. Merger of Trustee.............................................40 Section 10.17. No Transfer of First Mortgage Bonds Held by the Trustee; Exception..............................41 ARTICLE XI EXECUTION OF INSTRUMENTS BY BONDHOLDERS AND PROOF OF OWNERSHIP OF BONDS
Instruments of Succession. 72 SECTION 11.15.
Instruments of Succession. 64 SECTION 12.15. Merger of Trustee.....................................................................65 SECTION 12.16. Trustee Not Required to Expend or Risk Own Funds......................................65 SECTION 12.17. Right of Trustee to Pay Taxes and Other Charges.......................................65 SECTION 12.18. Trust Estate may be Vested in Separate or Co-Trustee..................................65 SECTION 12.19.
Instruments of Succession. 57 Section 11.15. Merger of Trustee........................................................................ 57 Section 11.16. Trustee Not Required to Expend or Risk Own Funds......................................... 57 ARTICLE XII THE REMARKETING AGENT AND THE TENDER AGENT Section 12.01. The Remarketing Agent.................................................................... 59 Section 12.02. The Tender Agent......................................................................... 50 Section 12.03. Notices.................................................................................. 61 ARTICLE XIII ACTS OF NOTEHOLDERS; EVIDENCE OF OWNERSHIP
Instruments of Succession. 41 Section 9.16 Merger of Trustee.........................................................41 ARTICLE X EXECUTION OF INSTRUMENTS BY BONDHOLDERS AND PROOF OF OWNERSHIP OF BONDS
