Common use of Merger of Trustee Clause in Contracts

Merger of Trustee. If the Trustee is merged or consolidated with, or shall sell or transfer all or substantially all of its assets and business to another entity, or shall be in any manner reorganized or reincorporated, then the successor corporation or other entity shall continue to be the Trustee pending subsequent resignation or removal as provided in Section 7.

Merger of Trustee. If the Trustee is shall be merged or consolidated with, or shall sell or transfer all or substantially all of its assets and business to another entitycorporation, or shall be in any manner reorganized or reincorporated, then the successor corporation or other entity shall continue to be the Trustee pending subsequent resignation or removal as provided in Section 77 of this Trust Agreement.