Common use of Merger or Consolidation of Eligible Lender Trustee Clause in Contracts

Merger or Consolidation of Eligible Lender Trustee. Any corporation into which the Eligible Lender Trustee or Delaware Trustee, as the case may be, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Eligible Lender Trustee or Delaware Trustee, as the case may be, 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 Eligible Lender Trustee or Delaware Trustee, as the case may be, hereunder; provided that such corporation shall be eligible pursuant to Section 10.01 (or in the case of the Delaware Trustee, satisfy the requirements of Section 3807(a) of the Delaware Business Trust Act); provided further that the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall mail notice of such merger or consolidation to the Rating Agencies, the Administrator, the Swap Counterparty and the Securities Insurer.

Merger or Consolidation of Eligible Lender Trustee. Any corporation into which the Eligible Lender Trustee or Delaware Trustee, as the case may be, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Eligible Lender Trustee or Delaware Trustee, as the case may be, 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 Eligible Lender Trustee or Delaware Trustee, as the case may be, hereunder; provided that such corporation shall be eligible pursuant to Section 10.01 (or in the case of the Delaware Trustee, satisfy the requirements of Section 3807(a) of the Delaware Business Statutory Trust Act); provided further that the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall mail notice of such merger or consolidation to the Rating Agencies, the Administrator, the Swap Counterparty and the Securities Insurer.

Merger or Consolidation of Eligible Lender Trustee. Any corporation into which the Eligible Lender Trustee or Delaware Trustee, as the case may be, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Eligible Lender Trustee or Delaware Trustee, as the case may be, 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 Eligible Lender Trustee or Delaware Trustee, as the case may be, hereunder; provided that such corporation shall be eligible pursuant to Section 10.01 (or in the case of the Delaware Trustee, satisfy the requirements of Section 3807(a) of the Delaware Business Trust Act); provided further that the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall mail notice of such merger or consolidation to the Rating Agencies, the Administrator, the Swap Counterparty and the Securities Insurer.

Merger or Consolidation of Eligible Lender Trustee. Any corporation into which the Eligible Lender Trustee or Delaware Trustee, as the case may be, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Eligible Lender Trustee or Delaware Trustee, as the case may be, 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 Eligible Lender Trustee or Delaware Trustee, as the case may be, hereunder; provided that such corporation shall be eligible pursuant to Section 10.01 (or in the case of the Delaware Trustee, satisfy the requirements of Section 3807(a) of the Delaware Business Statutory Trust Act); provided further that the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall mail notice of such merger or consolidation to the Rating Agencies, Agencies and the Administrator, the Swap Counterparty and the Securities Insurer.

Merger or Consolidation of Eligible Lender Trustee. Any corporation into which the Eligible Lender Trustee or Delaware Trustee, as the case may be, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Eligible Lender Trustee or Delaware Trustee, as the case may be, 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 Eligible Lender Trustee or Delaware Trustee, as the case may be, hereunder; provided PROVIDED that such corporation shall be eligible pursuant to Section 10.01 (or in the case of the Delaware Trustee, satisfy the requirements of Section 3807(a) of the Delaware Business Trust Act); provided further PROVIDED FURTHER that the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall mail notice of such merger or consolidation to the Rating Agencies, the Administrator, the Swap Counterparty and the Securities Insurer.

Merger or Consolidation of Eligible Lender Trustee. Any corporation into which the Eligible Lender Trustee or Delaware Trustee, as the case may be, may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger, conversion or consolidation to which the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Eligible Lender Trustee or Delaware Trustee, as the case may be, 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 Eligible Lender Trustee or Delaware Trustee, as the case may be, hereunder; provided PROVIDED that such corporation shall be eligible pursuant to Section 10.01 (or in the case of the Delaware Trustee, satisfy the requirements of Section 3807(a) of the Delaware Business Trust Act); provided further PROVIDED FURTHER that the Eligible Lender Trustee or Delaware Trustee, as the case may be, shall mail notice of such merger or consolidation to the Rating Agencies, the Administrator, the Swap Counterparty and the Securities Insurer.