Common use of Section 202 Clause in Contracts

Section 202. The Issuer hereby accepts the resignation of the Resigning Trustee as Trustee, Registrar, Paying Agent and Notes Custodian under the Indenture. Pursuant to Section 7.08 of the Indenture, the Issuer hereby appoints the Successor Trustee as Trustee under the Indenture and confirms to the Successor Trustee all the rights, powers and duties of the Trustee under the Indenture and with respect to all property held or to be held under the Indenture, with like effect as if the Successor Trustee was originally named as Trustee under the Indenture. The Issuer shall execute and deliver such further instruments and shall do such other things as the Successor Trustee may reasonably require so as to more fully and certainly vest and confirm in the Successor Trustee all the rights, powers and duties hereby assigned, transferred, delivered and confirmed to the Successor Trustee.

Appears in 2 contracts

Samples: Appointment and Acceptance (American Media Operations Inc), American Media Operations Inc

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Section 202. The Issuer hereby accepts the resignation of the Resigning Trustee as Trustee, Registrar, Agent and Paying Agent and Notes Custodian under the Indenture. Pursuant to Section 7.08 7.8 of the Indenture, the Issuer hereby appoints the Successor Trustee as Trustee under the Indenture and confirms to the Successor Trustee all the rights, powers and duties of the Resigning Trustee under the Indenture and with respect to all property held or to be held under the Indenture, with like effect as if the Successor Trustee was originally named as Trustee under the Indenture. The Issuer shall execute and deliver such further agreements and other instruments and shall do such other things as may be necessary to effectuate the succession of the Successor Trustee may reasonably require so as to more fully Trustee, Registrar, Agent and certainly vest and confirm in Paying Agent under the Successor Trustee all the rights, powers and duties hereby assigned, transferred, delivered and confirmed to the Successor TrusteeIndenture.

Appears in 2 contracts

Samples: Instrument of Resignation (Mq Associates Inc), Instrument of Resignation (Mq Associates Inc)

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Section 202. The Issuer hereby accepts the resignation of the Resigning Trustee as Trustee, Registrar, Paying Agent and Notes Custodian Agent for all the Securities under the Indenture. Pursuant to Section 7.08 610 of the Indenture, the Issuer hereby appoints the Successor Trustee as Trustee for all of the Securities under the Indenture and confirms to the Successor Trustee all the rights, powers powers, trusts and duties of the Trustee under the Indenture and with respect to all property and money held or to be held under the Indenture, with like effect as if the Successor Trustee was originally named as Trustee under the Indenture. The Issuer shall execute and deliver such further instruments and shall do such other things as the Successor Trustee may reasonably require so as to more fully and certainly vest and confirm in the Successor Trustee all the rights, powers powers, trusts and duties hereby assigned, transferred, delivered and confirmed to the Successor Trustee.

Appears in 1 contract

Samples: Hilfiger Tommy Corp

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