Common use of Substitution of Party Clause in Contracts

Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

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Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Sub-Fund Accounting Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Sub-Fund Accounting Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Sub-Administration Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Sub-Administration Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Transfer Agency Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Transfer Agency Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Administration Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Administration Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

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Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Sub-Transfer Agency Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Sub-Transfer Agency Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

Substitution of Party. Effective on the Merger Date, OKSC hereby assigns, transfers and conveys to Fifth Third, and Fifth Third hereby assumes, all of the interests, rights, responsibilities and obligations of OKSC under the Omnibus Fee Fund Accounting Agreement, and thereafter Fifth Third shall be deemed a party in lieu of OKSC to such Omnibus Fee Fund Accounting Agreement. Notwithstanding the foregoing, this Agreement shall not become effective unless and until the date of the merger between Fifth Third Bancorp and Old Kent Financial Corporation.

Appears in 1 contract

Samples: Transfer and Assumption Agreement (Kent Funds)

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