Common use of Merger, Conversion, Consolidation or Succession to Business of Trustee or the Securities Administrator Clause in Contracts

Merger, Conversion, Consolidation or Succession to Business of Trustee or the Securities Administrator. Any corporation into which the Trustee or the Securities Administrator, as applicable, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee or the Securities Administrator, as applicable, shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee or any corporation or association to which all or substantially all of the corporate trust business of the Trustee or Securities Administrator, as applicable, may be sold, shall be the successor of the Trustee or the Securities Administrator, as applicable, hereunder, provided that (with respect to the Trustee only) such corporation shall be qualified under Section 310(b) of the Trust Indenture Act of 1939 and eligible under the provisions of Section 6.09, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. In case at the time such successor to the Securities Administrator shall succeed to the duties of the predecessor Securities Administrator created by this Indenture any of the Securities of any series shall have been authenticated but not delivered, any such successor to the Securities Administrator may adopt the certificate of authentication of any predecessor Securities Administrator and deliver such Securities so authenticated; and, in case at that time any of the Securities of any series shall not have been authenticated, any successor to the Securities Administrator may authenticate such Securities either in the name of any predecessor hereunder or in the name of the successor Securities Administrator; and in all such cases such certificate shall have the full force which it is anywhere in the Securities of such series or in this Indenture provided that the certificate of the Securities Administrator shall have; provided, that the right to adopt the certificate of authentication of any predecessor Securities Administrator or to authenticate Securities of any series in the name of any predecessor Securities Administrator shall apply only to its successor or successors by merger, conversion or consolidation or sale.

Merger, Conversion, Consolidation or Succession to Business of Trustee or the Securities Administrator. Any corporation into which the Trustee or the Securities Administrator, as applicable, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Trustee or the Securities Administrator, as applicable, shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Trustee or any corporation or association to which all or substantially all of the corporate trust business of the Trustee or Securities Administrator, as applicable, may be sold, shall be the successor of the Trustee or the Securities Administrator, as applicable, hereunder, provided that (with respect to the Trustee only) such corporation shall be qualified under Section 310(b) of the Trust Indenture Act of 1939 and eligible under the provisions of Section 6.09, without the execution or filing of any paper or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding. In case at the time such successor to the Securities Administrator shall succeed to the duties of the predecessor Securities Administrator created by this Indenture any of the Securities of any series shall have been authenticated but not delivered, any such successor to the Securities Administrator may adopt the certificate of authentication of any predecessor Securities Administrator and deliver such Securities so authenticated; and, in case at that time any of the Securities of any series shall not have been authenticated, any successor to the Securities Administrator may authenticate such Securities either in the name of any predecessor hereunder or in the name of the successor Securities Administrator; and in all such cases such certificate shall have the full force which it is anywhere in the Securities of such series or in this Indenture provided that the certificate of the Securities Administrator shall have; provided, that the right to adopt the certificate of authentication of any predecessor Securities Administrator or to authenticate Securities of any series in the name of any 44 predecessor Securities Administrator shall apply only to its successor or successors by merger, conversion or consolidation or sale.