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

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this 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 Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 9 contracts

Samples: Indenture (Carvana Auto Receivables Trust 2021-P2), Indenture (Carvana Auto Receivables Trust 2021-P2), Indenture (Carvana Auto Receivables Trust 2021-N2)

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Merger or Consolidation of Indenture Trustee. (a) Any corporation Person into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation Person resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation Person succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; provided, however, that such corporation Person 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 Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 7 contracts

Samples: Indenture (Carvana Auto Receivables Trust 2022-P1), Indenture (Carvana Auto Receivables Trust 2022-P1), Indenture (Carvana Auto Receivables Trust 2021-P4)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; providedhereunder, however, that provided such corporation shall be eligible under the provisions of Section 6.11906 hereof, without the execution or filing of any instrument paper or any further act on the part of any of the parties to this Indenturehereto, anything in this Indenture herein to the contrary notwithstanding.

Appears in 4 contracts

Samples: Administration Agreement (Textainer Group Holdings LTD), Manager Transfer Facilitator Agreement (CAI International, Inc.), Intercreditor Collateral Agreement (CAI International, Inc.)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this 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 Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 4 contracts

Samples: Underwriting Agreement (Goldman Sachs Asset Backed Securities Corp), Indenture (Asset Backed Securities Corp), Indenture (Wholesale Auto Receivables Corp)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; hereunder, provided, however, that such corporation shall be eligible under the provisions of Section 6.117.7 hereof, without the execution or filing of any instrument paper or any further act on the part of any of the parties to this Indenturehereto, anything in this Indenture herein to the contrary notwithstanding.

Appears in 4 contracts

Samples: Indenture (Diamond Resorts International, Inc.), Indenture (Diamond Resorts Corp), Indenture (Diamond Resorts Corp)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or converted or with which it may be consolidated, consolidated or any corporation resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, party or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, Trustee shall be the successor of the Indenture Trustee under this Indenturehereunder; provided, however, provided that such corporation shall be eligible qualified under the provisions of Section 6.1111.03(c), without the execution or filing of any instrument paper or any further act on the part of any of the parties to this Indenturehereto or the Holders, notwithstanding anything in this Indenture contained herein to the contrary notwithstandingcontrary.

Appears in 2 contracts

Samples: Indenture (Williams Companies Inc), Indenture (Williams Communications Group Inc)

Merger or Consolidation of Indenture Trustee. (a) Any corporation Person into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation Person resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation Person succeeding to all or substantially all the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; provided, however, that such corporation Person 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 Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 2 contracts

Samples: Indenture (Carvana Auto Receivables Trust 2021-P3), Indenture (Carvana Auto Receivables Trust 2021-P3)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this 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 IndentureIndenture except where an instrument of transfer or assignment is required by law to effect such succession, anything in this Indenture to the contrary notwithstanding.

Appears in 2 contracts

Samples: Indenture (Wodfi LLC), Indenture (Wodfi LLC)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; providedhereunder, however, that provided such corporation shall be eligible under the provisions of Section 6.11906 hereof, without the execution or filing of any instrument paper or any further act on the part of any of the parties to this Indenturehereto, anything in this Indenture herein to the contrary notwithstanding.

Appears in 1 contract

Samples: Intercreditor Collateral Agreement (CAI International, Inc.)

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Merger or Consolidation of Indenture Trustee. (a) Any corporation or association into which the Indenture Trustee may be merged or converted or with which it may be consolidated, consolidated or any corporation or association resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, or any corporation or association succeeding to the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenturehereunder; provided, however, that such corporation or association shall be eligible under the provisions of Section 6.117.06, without the execution or filing of any instrument paper or any further act on the part of any of the parties to this Indenturehereto, anything in this Indenture herein to the contrary notwithstanding.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Morgan Stanley Abs Capital I Inc)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of or the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; provided, however, that such corporation shall be eligible under the provisions of Section 6.11, without the EXHIBIT 4.6 execution or filing of any instrument or any further act on the part of any of the parties to this Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 1 contract

Samples: Corporate Asset Backed Corp

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this Indenture; providedPROVIDED, howeverHOWEVER, that such corporation shall be eligible under the provisions of Section 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 Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 1 contract

Samples: Wholesale Auto Receivables Corp

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or converted or with which it may be consolidated, or any corporation resulting from any merger merger, conversion or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to all or substantially all of the corporate trust business of the Indenture Trustee, shall be the successor of the Indenture Trustee under this 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 IndentureIndenture except where an instrument of transfer or assignment is required by law to effect such succession, anything in this Indenture to the contrary notwithstanding.

Appears in 1 contract

Samples: Indenture (Volkswagen Dealer Finance LLC)

Merger or Consolidation of Indenture Trustee. (a) Any corporation into which the Indenture Trustee may be merged or with which it may be consolidated, or any corporation resulting from any merger or consolidation to which the Indenture Trustee shall be a party, or any corporation succeeding to the corporate trust business of or the Indenture Trustee, shall be the successor of the Indenture Trustee under this 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 Indenture, anything in this Indenture to the contrary notwithstanding.

Appears in 1 contract

Samples: Corporate Asset Backed Corp

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