Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will execute, acknowledge and deliver to the Trustor and to its predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will become effective, and such successor Delaware Trustee without any further act, deed or conveyance, will become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, deliver to the successor Delaware Trustee, all documents and statements and monies and other property held by it under this Agreement; and the Trustor and the predecessor Delaware Trustee will execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations. (b) No successor Delaware Trustee will accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will be eligible pursuant to Section 10.01. (c) Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the successor Delaware Trustee will (a) file an amendment to the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securities.
Appears in 26 contracts
Samples: Trust Agreement, Trust Agreement, Trust Agreement
Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will 8.02 shall execute, acknowledge and deliver to the Trustor Trust Beneficial Owner, the Administrator, the Indenture Trustee and to its the predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property held by it under this Agreement; and the Trustor and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware. No successor Delaware Trustee will shall accept appointment as provided in this Section 8.03 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.018.01.
(c) Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the successor Delaware Trustee will (a) file an amendment to the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securities.
Appears in 9 contracts
Samples: Omnibus Instrument (Protective Life Secured Trust 2003-1), Omnibus Instrument (Protective Life Insurance Co), Omnibus Instrument (Protective Life Insurance Co)
Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will hereof shall execute, acknowledge and deliver to the Trustor Issuer Administrator and to its predecessor Delaware Trustee an instrument accepting such appointment under this Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, shall upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, indemnities deliver to the successor Delaware TrusteeTrustee all documents, all documents statements, moneys and statements and monies and other property properties held by it under this Trust Agreement; and the Trustor Issuer Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . No successor Delaware Trustee will shall accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) 10.01 hereof. Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the Issuer Administrator shall mail notice of the succession of such Delaware Trustee to all Certificateholders, the Indenture Trustee and the Holders. If the Issuer Administrator shall fail to mail such notice within 10 days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) shall cause such notice to be mailed at the expense of the Issuer Administrator. Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust as required by identifying its name and principal place of business in the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any SecuritiesState of Delaware.
Appears in 8 contracts
Samples: Trust Agreement (Higher Education Funding I), Trust Agreement (Consolidation Loan Funding Ii, LLC), Trust Agreement (Goal Capital Funding, LLC)
Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will shall execute, acknowledge and deliver to the Trustor Administrator and to its predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, shall upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, indemnities deliver to the successor Delaware TrusteeTrustee all documents, all documents statements, moneys and statements and monies and other property properties held by it under this Agreement; and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . No successor Delaware Trustee will shall accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) . Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the Administrator shall mail notice of the succession of such Delaware Trustee to all Certificateholders, the Trustee and the Noteholders. If the Administrator shall fail to mail such notice within 10 days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) shall cause such notice to be mailed at the expense of the Administrator. Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust as required by identifying its name and principal place of business in the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any SecuritiesState of Delaware.
Appears in 5 contracts
Samples: Trust Agreement (Collegiate Funding Services Education Loan Trust 2003-A), Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (Collegiate Funding Services Education Loan Trust 2004-A)
Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will shall execute, acknowledge and deliver to the Trustor Issuer Administrator and to its predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, shall upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, indemnities deliver to the successor Delaware TrusteeTrustee all documents, all documents statements, moneys and statements and monies and other property properties held by it under this Agreement; and the Trustor Issuer Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . No successor Delaware Trustee will shall accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) . Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the Issuer Administrator shall mail notice of the succession of such Delaware Trustee to all Certificateholders, the Indenture Trustee and the Noteholders. If the Issuer Administrator shall fail to mail such notice within 10 days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) shall cause such notice to be mailed at the expense of the Issuer Administrator. Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust as required by identifying its name and principal place of business in the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any SecuritiesState of Delaware.
Appears in 4 contracts
Samples: Trust Agreement (Collegiate Funding of Delaware LLC), Trust Agreement (College Loan LLC), Trust Agreement (College Loan Corp Trust II)
Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will SECTION 8.02 shall execute, acknowledge and deliver to the Trustor Trust Beneficial Owner, the Administrator, the Indenture Trustee and to its the predecessor Delaware Trustee an instrument accepting such appointment under this the Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this the Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property held by it under this the Agreement; and the Trustor and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware. No successor Delaware Trustee will shall accept appointment as provided in this Section SECTION 8.03 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01SECTION 8.01.
(c) Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the successor Delaware Trustee will (a) file an amendment to the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securities.
Appears in 4 contracts
Samples: Trust Agreement (Hartford Life Insurance Co), Trust Agreement (Hartford Life Insurance Co), Trust Agreement (Hartford Life Insurance Co)
Successor Delaware Trustee. (a) Any Each successor Delaware Trustee appointed pursuant to Section 10.02 will 8.2 shall execute, acknowledge and deliver to the Trustor Administrator, the Trust Beneficial Owner and to its the predecessor Delaware Trustee an instrument accepting such appointment under this the Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, the resigning Delaware Trustee shall be released of all duties and trusts under the Trust Agreement and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this the Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property funds held by it under this the Trust Agreement; and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . Any successor Delaware Trustee appointed under the Trust Agreement shall promptly file an amendment to the Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware. No successor Delaware Trustee will shall accept appointment as provided in this Section 8.3 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) 8.1. Upon acceptance of appointment by a successor Delaware Trustee pursuant to this SectionSection 8.3, the Administrator shall mail notice of such appointment to the Indenture Trustee and each Rating Agency then rating the Program or the Notes. If the Administrator shall fail to mail such notice within ten (10) days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) file an amendment shall cause such notice to be mailed in the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securitiesmanner aforesaid.
Appears in 2 contracts
Samples: Trust Agreement (Allstate Life Global Funding), Trust Agreement (Allstate Life Insurance Co)
Successor Delaware Trustee. (a) Any Each successor Delaware Trustee appointed pursuant to Section 10.02 will 8.2 shall execute, acknowledge and deliver to the Trustor Administrator, the Trust Beneficial Owner and to its the predecessor Delaware Trustee an instrument accepting such appointment under this Amended and Restated Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, the resigning Delaware Trustee shall be released of all duties and trusts under this Amended and Restated Trust Agreement and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this Amended and Restated Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property funds held by it under this Amended and Restated Trust Agreement; and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . Any successor Delaware Trustee appointed under this Amended and Restated Trust Agreement shall promptly file an amendment to the Amended and Restated Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware. No successor Delaware Trustee will shall accept appointment as provided in this Section 8.3 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) 8.1. Upon acceptance of appointment by a successor Delaware Trustee pursuant to this SectionSection 8.3, the Administrator shall mail notice of such appointment to the Indenture Trustee and each Rating Agency then rating the Program or the Notes. If the Administrator shall fail to mail such notice within ten (10) days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) file an amendment shall cause such notice to be mailed in the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securitiesmanner aforesaid.
Appears in 2 contracts
Samples: Trust Agreement (Allstate Life Global Funding), Trust Agreement (Allstate Life Insurance Co)
Successor Delaware Trustee. β
(a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will execute, acknowledge and deliver to the Trustor and to its predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will become effective, and such successor Delaware Trustee without any further act, deed or conveyance, will become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, deliver to the successor Delaware Trustee, all documents and statements and monies and other property held by it under this Agreement; and the Trustor and the predecessor Delaware Trustee will execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) No successor Delaware Trustee will accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will be eligible pursuant to Section 10.01.
(c) Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the successor Delaware Trustee will (a) file an amendment to the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securities.
Appears in 2 contracts
Samples: Trust Agreement, Trust Agreement
Successor Delaware Trustee. (a) Any Each successor Delaware Trustee appointed pursuant to Section 10.02 will 8.2 shall execute, acknowledge and deliver to the Trustor Administrator, the Trust Beneficial Owner and to its the predecessor Delaware Trustee an instrument accepting such appointment under this the Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, the resigning Delaware Trustee shall be released of all duties and trusts under the Trust Agreement and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this the Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property funds held by it under this the Trust Agreement; and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) Any successor Delaware Trustee appointed under the Trust Agreement shall promptly file an amendment to the Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware.
(c) No successor Delaware Trustee will shall accept appointment as provided in this Section 8.3 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.018.1.
(cd) Upon acceptance of appointment by a successor Delaware Trustee pursuant to this SectionSection 8.3, the Administrator shall mail notice of such appointment to the Indenture Trustee and each Rating Agency then rating the Program or the Notes. If the Administrator shall fail to mail such notice within ten days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) file an amendment shall cause such notice to be mailed in the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securitiesmanner aforesaid.
Appears in 2 contracts
Samples: Trust Agreement (Allstate Life Global Funding), Trust Agreement (Allstate Life Global Funding)
Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will hereof shall execute, acknowledge and deliver to the Trustor Administrator and to its predecessor Delaware Trustee an instrument accepting such appointment under this Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, shall upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, indemnities deliver to the successor Delaware TrusteeTrustee all documents, all documents statements, moneys and statements and monies and other property properties held by it under this Trust Agreement; and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . No successor Delaware Trustee will shall accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) 10.01 hereof. Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the Administrator shall mail notice of the succession of such Delaware Trustee to all Certificateholders, the Indenture Trustee and the Registered Owners. If the Administrator shall fail to mail such notice within 10 days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) shall cause such notice to be mailed at the expense of the Administrator. Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust as required by identifying its name and principal place of business in the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any SecuritiesState of Delaware.
Appears in 2 contracts
Samples: Trust Agreement (Goal Capital Funding, LLC), Trust Agreement (Goal Capital Funding, LLC)
Successor Delaware Trustee. (a) Any Each successor Delaware Trustee appointed pursuant to Section 10.02 will 8.2 shall execute, acknowledge and deliver to the Trustor Administrator, the Trust Beneficial Owner and to its the predecessor Delaware Trustee an instrument accepting such appointment under this Amended and Restated Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, the resigning Delaware Trustee shall be released of all duties and trusts under this Amended and Restated Trust Agreement and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this Amended and Restated Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property funds held by it under this Amended and Restated Trust Agreement; and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . Any successor Delaware Trustee appointed under this Amended and Restated Trust Agreement shall promptly file an amendment to the Amended and Restated Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware. No successor Delaware Trustee will shall accept appointment as provided in this Section 8.3 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) 8.1. Upon acceptance of appointment by a successor Delaware Trustee pursuant to this SectionSection 8.3, the Administrator shall mail notice of such appointment to each Funding Note Indenture Trustee, each Indenture Trustee and each Rating Agency then rating the Program or the Notes. If the Administrator shall fail to mail such notice within ten days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) file an amendment shall cause such notice to be mailed in the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securitiesmanner aforesaid.
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Successor Delaware Trustee. (a) Any Each successor Delaware Trustee appointed pursuant to Section 10.02 will hereunder shall execute, acknowledge and deliver to the Trustor Administrator and to its the predecessor Delaware Trustee an instrument accepting such appointment under this Trust Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, the resigning Delaware Trustee shall be released of all duties and trusts hereunder, and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its the predecessor Delaware Trustee under this Trust Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses shall duly transfer and other amounts owed to it hereunder or in connection herewith, deliver to the successor Delaware Trustee, Trustee all documents and statements and property and monies and other property held by it under this Trust Agreement; , and the Trustor Administrator and the predecessor Delaware Trustee will shall execute and deliver such 27 instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties duties, trusts and obligations.
(b) obligations of the predecessor Delaware Trustee. No successor Delaware Trustee will shall accept appointment as provided in this Section unless 9.3 unless, at the time of such acceptance acceptance, such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) 9.1. Upon acceptance of appointment by a successor Delaware Trustee pursuant to this SectionSection 9.3, the Administrator shall mail notice of such appointment to the Administrator, the Indenture Trustee, the Relevant Agents and each Rating Agency then rating the Program or any Series of the Notes. If the Administrator shall fail to mail such notice within ten (10) days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) file an amendment shall cause such notice to be mailed in the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securitiesmanner aforesaid.
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Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will shall execute, acknowledge and deliver to the Trustor Issuer Administrator and to its predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties and obligations of its predecessor under this Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, shall upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, indemnities deliver to the successor Delaware TrusteeTrustee all documents, all documents statements, moneys and statements and monies and other property properties held by it under this Agreement; and the Trustor Issuer Administrator and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . No successor Delaware Trustee will shall accept appointment as provided in this Section unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.01.
(c) . Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the Issuer Administrator shall mail notice of the succession of such Delaware Trustee to all Certificateholders, the Trustee and the Noteholders. If the Issuer Administrator shall fail to mail such notice within 10 days after acceptance of appointment by the successor Delaware Trustee, the successor Delaware Trustee will (a) shall cause such notice to be mailed at the expense of the Issuer Administrator. Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust as required by identifying its name and principal place of business in the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any SecuritiesState of Delaware.
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Successor Delaware Trustee. (a) Any successor Delaware Trustee appointed pursuant to Section 10.02 will 9.02 shall execute, acknowledge and deliver to the Trustor Trust Series Beneficial Owner, the Administrator, the Indenture Trustee and to its the predecessor Delaware Trustee an instrument accepting such appointment under this Agreement, and thereupon the resignation or removal of the predecessor Delaware Trustee will shall become effective, effective and such successor Delaware Trustee Trustee, without any further act, deed or conveyance, will shall become fully vested with all the rights, powers, duties duties, and obligations of its predecessor under this Agreement and each Trust Series Agreement, with like effect as if originally named as Delaware Trustee. The predecessor Delaware Trustee will, upon payment of its fees, expenses and other amounts owed to it hereunder or in connection herewith, shall deliver to the successor Delaware Trustee, Trustee all documents and statements and monies and other property held by it under this Agreement and each Trust Series Agreement; and the Trustor and the predecessor Delaware Trustee will shall execute and deliver such instruments and do such other things as may reasonably be required for fully and certainly vesting and confirming in the successor Delaware Trustee all such rights, powers, duties and obligations.
(b) . Any successor Delaware Trustee appointed hereunder shall promptly file an amendment to the Certificate of Trust with the Secretary of State identifying the name and principal place of business of such successor Delaware Trustee in the State of Delaware. No successor Delaware Trustee will shall accept appointment as provided in this Section 9.03 unless at the time of such acceptance such successor Delaware Trustee will shall be eligible pursuant to Section 10.019.01.
(c) Upon acceptance of appointment by a successor Delaware Trustee pursuant to this Section, the successor Delaware Trustee will (a) file an amendment to the Certificate of Trust as required by the Statutory Trust Act and (b) mail notice thereof to the Certificate Registrar, the Certificate Paying Agent, the Indenture Trustee and, subject to Section 6.06 hereof, the Rating Agency then rating any Securities.
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