Merger of the Administrative Agent. Any Person into which the Administrative Agent may be merged, or with which it may be consolidated, or any Person resulting from any merger or consolidation to which the Administrative Agent shall be a party, or any Person to which all or substantially all of the corporate trust assets of the Administrative Agent shall be sold, shall be Administrative Agent under this Loan Agreement without the execution or filing of any paper or any further act on the part of the parties hereto. The Administrative Agent shall provide written notice of any merger or consolidation, including any change in name, to the Lender, the Collateral Agent the Collateral Administrator, the Custodian, the Valuation Agent and the Borrower promptly, and in any event within fifteen (15) days of the effective date thereof to solicit such approvals as may be required hereunder.
Appears in 13 contracts
Samples: Guarantee and Security Agreement, Guarantee and Security Agreement, Loan Agreement (Nuveen Mortgage Opportunity Term Fund 2)
