Common use of Merger or Consolidation of COLT Indenture Trustee Clause in Contracts

Merger or Consolidation of COLT Indenture Trustee. (a) Any corporation into which the COLT Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the COLT Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of the COLT Indenture Trustee, shall be the successor of the COLT Indenture Trustee under this COLT Indenture; provided, however, that such corporation shall be eligible under the provisions of Section 6.11, without the execution or filing of any instrument or any further act on the part of any of the parties to this COLT Indenture. (b) If at the time such successor or successors by merger or consolidation to the COLT Indenture Trustee shall succeed to the trusts created by this COLT Indenture, any of the COLT 200_-_ Secured Notes shall have been authenticated but not delivered, any such successor to the COLT Indenture Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such COLT 200_-_ Secured Notes so authenticated; and in case at that time any of the COLT 200_-_ Secured Notes shall not have been authenticated, any successor to the COLT Indenture Trustee may authenticate such COLT 200_-_ Secured Notes either in the name of any predecessor hereunder or in the name of the successor to the COLT Indenture Trustee. In all such cases such certificate of authentication shall have the same full force as is provided anywhere in the COLT 200_-_ Secured Notes or herein with respect to the certificate of authentication of the COLT Indenture Trustee.

Appears in 1 contract

Samples: Indenture (Central Originating Lease Trust)

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Merger or Consolidation of COLT Indenture Trustee. (a) Any corporation into which the COLT Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the COLT Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of the COLT Indenture Trustee, shall be the successor of the COLT Indenture Trustee under this COLT Indenture; provided, however, that such corporation shall be eligible under the provisions of Section 6.11, without the execution or filing of any instrument or any further act on the part of any of the parties to this COLT Indenture. (b) If at the time such successor or successors by merger or consolidation to the COLT Indenture Trustee shall succeed to the trusts created by this COLT Indenture, any of the COLT 200_-_ 200 - Secured Notes shall have been authenticated but not delivered, any such successor to the COLT Indenture Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such COLT 200_-_ 200 - Secured Notes so authenticated; and in case at that time any of the COLT 200_-_ 200 - Secured Notes shall not have been authenticated, any successor to the COLT Indenture Trustee may authenticate such COLT 200_-_ 200 - Secured Notes either in the name of any predecessor hereunder or in the name of the successor to the COLT Indenture Trustee. In all such cases such certificate of authentication shall have the same full force as is provided anywhere in the COLT 200_-_ 200 - Secured Notes or herein with respect to the certificate of authentication of the COLT Indenture Trustee.

Appears in 1 contract

Samples: Indenture (Central Originating Lease Trust)

Merger or Consolidation of COLT Indenture Trustee. (a) Any corporation into which the COLT Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the COLT Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of the COLT Indenture Trustee, shall be the successor of the COLT Indenture Trustee under this COLT Indenture; provided, however, that such corporation shall be eligible under the provisions of Section 6.11, without the execution or filing of any instrument or any further act on the part of any of the parties to this COLT Indenture, anything in this COLT Indenture to the contrary notwithstanding. (b) If at the time such successor or successors by merger or consolidation to the COLT Indenture Trustee shall succeed to the trusts created by this COLT Indenture, any of the COLT 200_-_ 2007-SN1 Secured Notes shall have been authenticated but not delivered, any such successor to the COLT Indenture Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such COLT 200_-_ 2007-SN1 Secured Notes so authenticated; and in case at that time any of the COLT 200_-_ 2007-SN1 Secured Notes shall not have been authenticated, any successor to the COLT Indenture Trustee may authenticate such COLT 200_-_ 2007-SN1 Secured Notes either in the name of any predecessor hereunder or in the name of the successor to the COLT Indenture Trustee. In all such cases such certificate of authentication shall have the same full force as is provided anywhere in the COLT 200_-_ 2007-SN1 Secured Notes or herein with respect to the certificate of authentication of the COLT Indenture Trustee.

Appears in 1 contract

Samples: Indenture (Capital Auto Receivables Asset Trust 2007-Sn1)

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Merger or Consolidation of COLT Indenture Trustee. (a) Any corporation into which the COLT Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the COLT Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of the COLT Indenture Trustee, shall be the successor of the COLT Indenture Trustee under this COLT Indenture; provided, however, that such corporation shall be eligible under the provisions of Section 6.11, without the execution or filing of any instrument or any further act on the part of any of the parties to this COLT Indenture. (b) If at the time such successor or successors by merger or consolidation to the COLT Indenture Trustee shall succeed to the trusts created by this COLT Indenture, any of the COLT 200_-_ 2005-SN1 Secured Notes shall have been authenticated but not delivered, any such successor to the COLT Indenture Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such COLT 200_-_ 2005-SN1 Secured Notes so authenticated; and in case at that time any of the COLT 200_-_ 2005-SN1 Secured Notes shall not have been authenticated, any successor to the COLT Indenture Trustee may authenticate such COLT 200_-_ 2005-SN1 Secured Notes either in the name of any predecessor hereunder or in the name of the successor to the COLT Indenture Trustee. In all such cases such certificate of authentication shall have the same full force as is provided anywhere in the COLT 200_-_ 2005-SN1 Secured Notes or herein with respect to the certificate of authentication of the COLT Indenture Trustee.

Appears in 1 contract

Samples: Indenture (Capital Auto Receivables Asset Trust 2005-Sn1)

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