Common use of Successor Bond Trustee by Merger Clause in Contracts

Successor Bond Trustee by Merger. If the Bond Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Bond Trustee. The successor Bond Trustee shall mail a notice of its merger, conversion, consolidation or transfer to the Rating Agencies. In case at the time such successor or successors by merger, conversion, consolidation or transfer to the Bond Trustee shall succeed to the trusts created by this Bond Indenture any of the Bonds shall have been authenticated but not delivered, any such successor to the Bond Trustee may adopt the certificate of authentication of any predecessor trustee, and deliver such Bonds so authenticated; and in case at that time any of the Bonds shall not have been authenticated, any successor to the Bond Trustee may authenticate such Bonds either in the name of any predecessor hereunder or in the name of the successor to the Bond Trustee; and in all such cases such certificates shall be valid for all purposes hereunder and under the Bonds.

Successor Bond Trustee by Merger. If the Bond Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association shall, without any further act shall act, be the successor Bond Trustee. The Issuer shall promptly furnish written notification of any such successor Bond Trustee shall mail a notice to each of its merger, conversion, consolidation or transfer to the Rating Agencies. In case at the time such successor or successors by merger, conversion, conversion consolidation or transfer to the Bond Trustee shall succeed to the trusts created by this Bond Indenture any of the Transition Bonds shall have been authenticated but not delivered, any such successor to the Bond Trustee may adopt the certificate of authentication of any predecessor trusteeRetiring Bond Trustee, and deliver such Transition Bonds so authenticated; and in case at that time any of the Transition Bonds shall not have been authenticated, any successor to the Bond Trustee may authenticate such Transition Bonds either in the name of any predecessor Retiring Bond Trustee hereunder or in the name of the successor to the Bond Trustee; and in all such cases such certificates shall be valid for all purposes hereunder and under have the Bondsfull force which it is anywhere in the Transition Bonds or in this Indenture provided that the certificate of the Bond Trustee shall have.

Successor Bond Trustee by Merger. If the Bond Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association shall, without any further act shall be the successor Bond Trustee. The successor Bond Trustee shall mail a notice of its merger, conversion, consolidation or transfer to the Rating Agencies. In case at the time such successor or successors by merger, conversion, conversion consolidation or transfer to the Bond Trustee shall succeed to the trusts created by this Bond Indenture any of the Transition Bonds shall have been authenticated but not delivered, any such successor to the Bond Trustee may adopt the certificate of authentication of any predecessor trusteeRetiring Bond Trustee, and deliver such Transition Bonds so authenticated; and in case at that time any of the Transition Bonds shall not have been authenticated, any successor to the Bond Trustee may authenticate such Transition Bonds either in the name of any predecessor Retiring Bond Trustee hereunder or in the name of the successor to the Bond Trustee; and in all such cases such certificates shall be valid for all purposes hereunder and under have the Bondsfull force which it is anywhere in the Transition Bonds or in this Indenture provided that the certificate of the Bond Trustee shall have.