Common use of Merger, Conversion, Consolidation, Sale or Transfer Clause in Contracts

Merger, Conversion, Consolidation, Sale or Transfer. Any Company into which the Calculation Agent may be merged or converted, or any Company with which the Calculation Agent may be consolidated, or any Company resulting from any merger, conversion or consolidation to which the Calculation Agent shall be a party or to which the Calculation Agent shall sell or otherwise transfer all or substantially all of its corporate trust assets or business shall, to the extent permitted by applicable law, be the successor Calculation Agent under this Supplemental Indenture without the execution or filing of any paper or any further act on the part of any of the parties hereto. Notice of any such merger, conversion or consolidation or sale shall forthwith be given to the Company and the Trustee (if the Trustee is not then serving as the Calculation Agent).

Appears in 2 contracts

Samples: Supplemental Indenture (Duke Energy Florida, Llc.), Supplemental Indenture (Duke Energy Florida, Llc.)

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Merger, Conversion, Consolidation, Sale or Transfer. Any Company corporation into which the Calculation Agent may be merged or converted, or any Company corporation with which the Calculation Agent may be consolidated, or any Company corporation resulting from any merger, conversion or consolidation to which the Calculation Agent shall be a party or to which the Calculation Agent shall sell or otherwise transfer all or substantially all of its corporate trust assets or business shall, to the extent permitted by applicable law, be the successor Calculation Agent under this Supplemental Indenture without the execution or filing of any paper or any further act on the part of any of the parties hereto. Notice of any such merger, conversion or consolidation or sale shall forthwith be given to the Company Issuer, the Guarantors and the Trustee (if the Trustee is not then serving as the Calculation Agent).

Appears in 1 contract

Samples: Indenture (FTS International, Inc.)

Merger, Conversion, Consolidation, Sale or Transfer. Any Company corporation into which the Calculation Agent may be merged or converted, or any Company corporation with which the Calculation Agent may be consolidated, or any Company corporation resulting from any merger, conversion or consolidation to which the Calculation Agent shall be a party or to which the Calculation Agent shall sell or otherwise transfer all or substantially all of its corporate trust assets or business shall, to the extent permitted by applicable law, be the successor Calculation Agent under this Supplemental Indenture without the execution or filing of any paper or any further act on the part of any of the parties hereto. Notice of any such merger, conversion or consolidation or sale shall forthwith be given to the Company and the Trustee (if the Trustee is not then serving as the Calculation Agent).

Appears in 1 contract

Samples: Supplemental Indenture (California Water Service Group)

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Merger, Conversion, Consolidation, Sale or Transfer. Any Company corporation into which the Calculation Agent may be merged or converted, or any Company corporation with which the Calculation Agent may be consolidated, or any Company corporation resulting from any merger, conversion or consolidation to which the Calculation Agent shall be a party or to which the Calculation Agent shall sell or otherwise transfer all or substantially all of its corporate trust assets or business shall, to the extent permitted by applicable law, be the successor Calculation Agent under this Fourth Supplemental Indenture without the execution or filing of any paper or any further act on the part of any of the parties hereto. Notice of any such merger, conversion or consolidation or sale shall forthwith be given to the Company Company, the Guarantor and the Trustee (if the Trustee is not then serving as the Calculation Agent).

Appears in 1 contract

Samples: Fourth Supplemental Indenture (Teco Energy Inc)

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