Common use of Merger or Consolidation of Delaware Trustee Clause in Contracts

Merger or Consolidation of Delaware Trustee. Any Person into which the Delaware Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Delaware Trustee shall be a party, or any Person succeeding to all or substantially all of the corporate trust business of the Delaware Trustee, shall, without the execution or filing of any instrument or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding, be the successor of the Delaware Trustee hereunder; provided, such Person shall be eligible pursuant to Section 8.01.

Appears in 9 contracts

Samples: Omnibus Instrument (Protective Life Insurance Co), Omnibus Instrument (Protective Life Secured Trust 2003-1), Omnibus Instrument (Protective Life Insurance Co)

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Merger or Consolidation of Delaware Trustee. Any Person into which the Delaware Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Delaware Trustee shall be a party, or any Person succeeding to all or substantially all of the corporate trust business of the Delaware Trustee, shall, without the execution or filing of any instrument or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding, be the successor of the Delaware Trustee hereunder; providedPROVIDED, such Person shall be eligible pursuant to Section SECTION 8.01.

Appears in 4 contracts

Samples: Trust Agreement (Hartford Life Insurance Co), Trust Agreement (Hartford Life Insurance Co), Trust Agreement (Hartford Life Insurance Co)

Merger or Consolidation of Delaware Trustee. Any Person into which the Delaware Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Delaware Trustee shall be a party, or any Person succeeding to all or substantially all of the corporate trust business of the Delaware Trustee, shall, without the execution or filing of any instrument or any further act on the part of any of the parties heretoto the Trust Agreement, anything herein in the Trust Agreement to the contrary notwithstanding, be the successor of the Delaware Trustee hereunderunder the Trust Agreement; provided, such Person shall be eligible pursuant to Section 8.018.1.

Appears in 2 contracts

Samples: Trust Agreement (Allstate Life Global Funding), Trust Agreement (Allstate Life Global Funding)

Merger or Consolidation of Delaware Trustee. Any Person into which the Delaware Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Delaware Trustee shall be a party, or any Person succeeding to all or substantially all of the corporate trust business of the Delaware Trustee, shall, without the execution or filing of any instrument or any further act on the part of any of the parties heretoto the Trust Agreement, anything herein in the Trust Agreement to the contrary notwithstanding, be the successor of the Delaware Trustee hereunderunder the Trust Agreement; providedPROVIDED, such Person shall be eligible pursuant to Section 8.018.1.

Appears in 2 contracts

Samples: Trust Agreement (Allstate Life Global Funding), Trust Agreement (Allstate Life Insurance Co)

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Merger or Consolidation of Delaware Trustee. Any Person into which the Delaware Trustee may be merged or converted or with which it may be consolidated, or any Person resulting from any merger, conversion or consolidation to which the Delaware Trustee shall be a party, or any Person succeeding to all or substantially all of the corporate trust business of the Delaware Trustee, shall, without the execution or filing of any instrument or any further act on the part of any of the parties hereto, anything herein to the contrary notwithstanding, be the successor of the Delaware Trustee hereunder; provided, such Person shall be eligible pursuant to Section 8.019.01.

Appears in 1 contract

Samples: Trust Agreement (Protective Life Secured)

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