Common use of Successor Indenture Trustee by Merger Clause in Contracts

Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be qualified and eligible under

Appears in 2 contracts

Samples: Indenture (Regions Auto Receivables Trust 2003-1), Indenture (Regions Acceptance LLC Regions Auto Receivables Tr 2003-2)

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Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be qualified and eligible underbe

Appears in 1 contract

Samples: Indenture (Imc Home Equity Loan Owner Trust 1997-6)

Successor Indenture Trustee by Merger. If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be qualified and eligible underor

Appears in 1 contract

Samples: Indenture (Pacificamerica Money Center Inc)

Successor Indenture Trustee by Merger. If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall or banking association will be the successor Indenture Trustee; provided, that Trustee so long as such corporation or banking association shall be is otherwise qualified and eligible underunder Section 8.11. The Indenture Trustee will promptly notify the Servicer and the Issuer (who will notify each Rating Agency) of any such transaction.

Appears in 1 contract

Samples: Indenture (Commercial Credit, Inc.)

Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, provided that such corporation or banking association shall be is -------- otherwise qualified and eligible underunder Section 6.11. The Indenture Trustee shall ------------ provide the Rating Agencies and each Series Enhancer with prompt written notice of any such transaction.

Appears in 1 contract

Samples: Master Indenture (Levi Strauss & Co)

Successor Indenture Trustee by Merger. If the Indenture 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 Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible underunder Section 6.11. The Indenture Trustee shall provide Diversified, Holders, each Hedge Counterparty and each Rating Agency with prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Diversified Energy Co PLC)

Successor Indenture Trustee by Merger. If the Indenture Trustee consolidates with, merges or converts into, into or transfers all or substantially all its corporate trust business or assets to, to another corporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Indenture TrusteeTrustee hereunder; provided, that such corporation or banking association shall be otherwise qualified and eligible under

Appears in 1 contract

Samples: Indenture (Bear Stearns Asset Backed Securities Inc)

Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, provided that such corporation or banking association shall be otherwise qualified and eligible underunder Section 6.11. The Indenture Trustee shall provide the Rating Agencies prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (SLM Funding Corp)

Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, provided that such corporation or banking association shall be otherwise qualified and eligible under

Appears in 1 contract

Samples: Indenture (Key Bank Usa National Association)

Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, provided that such corporation or banking association shall be otherwise qualified and eligible underand

Appears in 1 contract

Samples: Indenture (Efg Funding Corp)

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Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, provided that such corporation or banking association shall be otherwise qualified and eligible underunder Section 6.11.

Appears in 1 contract

Samples: Indenture Amendment (PNC Student Loan Trust I)

Successor Indenture Trustee by Merger. If the Indenture 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 surviving, or transferee corporation without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be qualified and Trustee if it is otherwise eligible underunder Section 6.08 without any further act on the

Appears in 1 contract

Samples: Indenture (Cwabs Inc)

Successor Indenture Trustee by Merger. If the Indenture Trustee consolidates with, merges or converts into, or transfers or sells 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 Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible underunder Section 6.11.

Appears in 1 contract

Samples: Indenture (Springleaf Finance Corp)

Successor Indenture Trustee by Merger. If the Indenture 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 Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible underunder Section 6.11. The Indenture Trustee shall provide the Rating Agencies with prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Mmca Auto Receivables Inc)

Successor Indenture Trustee by Merger. If the Indenture 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 without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under

Appears in 1 contract

Samples: Indenture (Bay View Securitization Corp)

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