Merger of Corporate Trustee. If any corporate Trustee designated to act or at any time acting hereunder is merged with or transfer substantially all of its assets to another corporation, or is in any other manner reorganized or reincorporated, the resulting or transferee corporation shall become Trustee in place of its corporate predecessor.
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Samples: Revocable Trust Agreement, Revocable Trust Agreement
Merger of Corporate Trustee. If In the event any corporate Trustee designated to act shall merge, consolidate with, or at any time acting hereunder is merged with sell, or transfer substantially all of its assets in business to another corporation, state or is in any other manner reorganized or reincorporatedfederal, the corporation resulting from such merger or transferee consolidation of the corporation to which it is converted or to which such sale or transfer shall be made, shall hereupon become the Trustee in place of its corporate predecessorhereunder with the same effect as though originally named.
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Samples: Trust Agreement
Merger of Corporate Trustee. If any corporate Trustee designated to act or at any time acting hereunder is merged with or transfer transfers substantially all of its assets to another corporation, or is in any other manner reorganized or reincorporated, the resulting or transferee corporation shall become Trustee in place of its corporate predecessor.
Appears in 1 contract
Samples: Trust Agreement (LSB Industries Inc)