Successor or Transferee. (a) Upon any consolidation or merger of the Note Issuer in accordance with Section 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Note Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Note Issuer under this Indenture with the same effect as if such Person had been named as the Note Issuer herein.
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Samples: Indenture (Comed Funding LLC), Indenture (Sierra Pacific Power Co), Indenture (Illinois Power Securitization Limited Liability Co)
Successor or Transferee. (a) Upon any consolidation or merger of the Issuer with the prior written consent of the Note Issuer Purchasers and the Majority Noteholders of each class of Notes in accordance with Section 3.10(a)3.10, the Person formed by or surviving such consolidation or merger (if other than the Note Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, and be obligated to meet the Note requirements of the Issuer under this Indenture and the other Basic Documents with the same effect as if such Person had been named as the Note Issuer herein.
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