Common use of Successor Collateral Agent by Merger Clause in Contracts

Successor Collateral Agent by Merger. (a) If the Collateral Agent 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 will be the successor Collateral Agent.

Successor Collateral Agent by Merger. (a) If the Collateral Agent 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 will be the successor Collateral Agent.

Successor Collateral Agent by Merger. (a) If the Collateral Agent consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or banking associationcorporation, the resulting, surviving or transferee successor corporation or banking association without any further act will shall be the successor Collateral Agent.