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

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall be eligible pursuant to Section 8.1.

Appears in 86 contracts

Samples: Interim Trust Agreement (Navient Funding, LLC), Interim Trust Agreement (Navient Student Loan Trust 2015-3), Interim Trust Agreement (Navient Student Loan Trust 2015-2)

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Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall be eligible pursuant to Section 8.1.

Appears in 7 contracts

Samples: Interim Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall be eligible pursuant to Section -------- 8.1.

Appears in 5 contracts

Samples: Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided PROVIDED that such corporation or banking association shall be eligible pursuant to Section 8.1.

Appears in 5 contracts

Samples: Interim Trust Agreement (SLM Funding LLC), Interim Trust Agreement (SLM Funding LLC), Interim Trust Agreement (SLM Funding LLC)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided PROVIDED that such corporation or banking association shall be eligible pursuant to Section 8.1.

Appears in 4 contracts

Samples: Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall -------- be eligible pursuant to Section 8.1.

Appears in 2 contracts

Samples: Interim Trust Agreement (SLM Funding Corp), Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation Person into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association Person shall be eligible pursuant to Section 8.17.1 hereof.

Appears in 2 contracts

Samples: Lender Trustee Agreement (Collegiate Funding of Delaware LLC), Lender Trustee Agreement (Chase Education Loan Trust 2007-A)

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Merger or Consolidation of Interim Eligible Lender Trustee. Any ---------------------------------------------------------- corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall -------- be eligible pursuant to Section 8.1.

Appears in 1 contract

Samples: Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall be eligible pursuant to Section -------- 8.1.. ARTICLE IX

Appears in 1 contract

Samples: Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that -------- such corporation or banking association shall be eligible pursuant to Section 8.1.

Appears in 1 contract

Samples: Interim Trust Agreement (SLM Funding Corp)

Merger or Consolidation of Interim Eligible Lender Trustee. Any corporation into which the Interim Eligible Lender Trustee may be merged or converted or with which it may be consolidated, or any corporation or banking association resulting from any merger, conversion or consolidation to which the Interim Eligible Lender Trustee shall be a party, or any corporation succeeding to all or substantially all the corporate trust business of the Interim Eligible Lender 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 Interim Eligible Lender Trustee hereunder; provided that such corporation or banking association shall mustl be eligible pursuant to Section 8.1.

Appears in 1 contract

Samples: Interim Trust Agreement (SLM Education Credit Funding LLC)

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