Common use of Successor Indenture Trustee Clause in Contracts

Successor Indenture Trustee. Any successor Indenture Trustee appointed as provided in Section 7.08 hereof shall execute, acknowledge and deliver to each of the Servicer, the Issuer, the Noteholders and to its predecessor Indenture Trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Indenture Trustee shall become effective and such successor Indenture Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder with like effect as if originally named a Indenture Trustee. The predecessor Indenture Trustee shall deliver or cause to be delivered to the successor Indenture Trustee or its custodian any Transaction Documents and statements held by it or its custodian hereunder; and the Servicer and the Issuer and the predecessor Indenture Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for the full and certain vesting and confirmation in the successor Indenture Trustee of all such rights, powers, duties and obligations.

Successor Indenture Trustee. (a) Any successor Indenture Trustee appointed as provided in Section 7.08 7.10 hereof shall execute, acknowledge and deliver to each of the Servicer, the Issuer, the Noteholders Trust and to its predecessor Indenture Trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Indenture Trustee shall become effective and such successor Indenture Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder hereunder, with like effect as if originally named a as Indenture Trustee. The predecessor Indenture Trustee shall deliver or cause to be delivered to the successor Indenture Trustee or its custodian any Transaction Documents all documents and statements held by it or its custodian hereunder; and . The Servicer, the Servicer and the Issuer Trust and the predecessor Indenture Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for the full fully and certain certainly vesting and confirmation confirming in the successor Indenture Trustee of all such rights, powers, duties and obligations.all

Successor Indenture Trustee. (a) Any successor Indenture Trustee indenture trustee appointed as provided in Section 7.08 hereof 11.07 shall execute, acknowledge and deliver to each of the ServicerIssuers, the Issuer, the Noteholders Servicer and to its predecessor Indenture Trustee indenture trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Indenture Trustee indenture trustee shall become effective and such successor Indenture Trusteeindenture trustee, without any further act, deed or conveyance, shall become fully vested with all of the rights, powers, duties and obligations of its predecessor hereunder hereunder, with the like effect as if originally named a Indenture Trusteeas indenture trustee herein. The predecessor Indenture Trustee indenture trustee shall deliver or cause to be delivered to the successor Indenture Trustee or its custodian any Transaction Documents and statements indenture trustee all documents relating to the Notes held by it or its custodian hereunder; , and the Issuers, the Servicer and the Issuer and the predecessor Indenture Trustee indenture trustee shall execute and deliver such instruments and do such other things as may reasonably be required for the full to more fully and certain vesting certainly vest and confirmation confirm in the successor Indenture Trustee of indenture trustee all such rights, powers, duties and obligations, and to enable the successor indenture trustee to perform its obligations hereunder.

Successor Indenture Trustee. (a) Any successor Indenture Trustee appointed as provided in Section 7.08 7.10 hereof shall execute, acknowledge and deliver to each of the Servicer, the Issuer, Trust and the Noteholders and to its predecessor Indenture Trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Indenture Trustee shall become effective and such successor Indenture Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder hereunder, with like effect as if originally named a as Indenture Trustee. The predecessor Indenture Trustee shall deliver or cause to be delivered to the successor Indenture Trustee or its custodian any Transaction Documents all documents and statements held by it or its custodian hereunder; and . The Servicer, the Servicer and the Issuer Trust and the predecessor Indenture Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for the full fully and certain certainly vesting and confirmation confirming in the successor Indenture Trustee of all such rights, powers, duties and obligations.all

Successor Indenture Trustee. (a) Any successor Indenture Trustee indenture trustee appointed as provided in Section 7.08 hereof 11.07 shall execute, acknowledge and deliver to each of the ServicerIssuers, the Issuer, the Noteholders Servicer and to its predecessor Indenture Trustee indenture trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Indenture Trustee indenture trustee shall become effective and such successor Indenture Trusteeindenture trustee, without any further act, deed or conveyance, shall become fully vested with all of the rights, powers, duties and obligations of its predecessor hereunder hereunder, with the like effect as if originally named a as the Indenture TrusteeTrustee herein. The predecessor Indenture Trustee indenture trustee shall deliver or cause to be delivered to the successor Indenture Trustee or its custodian any Transaction Documents and statements indenture trustee all documents relating to the Notes held by it or its custodian hereunder; , and the Issuers, the Servicer and the Issuer and the predecessor Indenture Trustee indenture trustee shall execute and deliver such instruments and do such other things as may reasonably be required for the full to more fully and certain vesting certainly vest and confirmation confirm in the successor Indenture Trustee of indenture trustee all such rights, powers, duties and obligations, and to enable the successor indenture trustee to perform its obligations hereunder.

Successor Indenture Trustee. (a) Any successor Indenture Trustee appointed as provided in Section 7.08 hereof shall execute, acknowledge and deliver to each of the Servicer, the Issuer, the Noteholders and to its predecessor Indenture Trustee an instrument accepting such appointment hereunder, and thereupon the resignation or removal of the predecessor Indenture Trustee shall become effective and such successor Indenture Trustee, without any further act, deed or conveyance, shall become fully vested with all the rights, powers, duties and obligations of its predecessor hereunder with like effect as if originally named a Indenture Trustee. The predecessor Indenture Trustee shall deliver or cause to be delivered to the successor Indenture Trustee or its custodian any Transaction Facility Documents and statements held by it or its custodian hereunder; and the Servicer and the Issuer and the predecessor Indenture Trustee shall execute and deliver such instruments and do such other things as may reasonably be required for the full and certain vesting and confirmation in the successor Indenture Trustee of all such rights, powers, duties and obligations.