Common use of Rights and obligations upon merger Clause in Contracts

Rights and obligations upon merger. In the event of such a merger or conversion the Issuer and the Note Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form of (and on the same terms as) this Agreement.

Rights and obligations upon merger. In the event of such a merger or conversion conversion, the Issuer and the Note Security Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form of (and on the same terms as) this Agreement.

Rights and obligations upon merger. In the event of such a merger or conversion the Issuer and Issuer, the Note Trustee Seller, the Trustee, the Cash Manager and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form of (and on the same terms as) this Agreement.