Common use of Successor or Transferee Clause in Contracts

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 5 contracts

Samples: Master Indenture (Crestar Securitization LLC), Indenture (Crestar Bank /Va), Indenture (Transworld Insurance Co)

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Successor or Transferee. (a) Upon any consolidation consolidation, merger or merger conversion of the Issuer in accordance with Section 3.10(a)3.10, the Person formed by or surviving such consolidation consolidation, merger or merger conversion (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 4 contracts

Samples: CenterPoint Energy Restoration Bond Company, LLC, Transition Property Servicing Agreement (CenterPoint Energy Transition Bond CO II, LLC), Intercreditor Agreement (Reliant Energy Transition Bond Co LLC)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(aSECTION 3.10(A), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 3 contracts

Samples: Wholesale Auto Receivables Corp, Caterpillar Financial Funding Corp, Consumer Portfolio Services Inc

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a3.17(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 3 contracts

Samples: Indenture (Imh Assets Corp Impact CMB Trust Series 2002-7), Custodial Agreement (Salomon Br Mor Sec Vii Inc Series 1998-11), Servicing Agreement (Impac CMB Trust Series 2002-4f)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section SECTION 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 2 contracts

Samples: CNH Capital Receivables Inc, Caterpillar Financial Funding Corp

Successor or Transferee. (a) Upon any consolidation or merger of either of the Issuer Issuers in accordance with Section 3.10(a)6.14, the Person formed by or surviving such consolidation or merger (if other than the such Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the 44 such Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 1 contract

Samples: Note Purchase Agreement (HPSC Inc)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a3.16(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall shall, following the Issuer's satisfaction of all of the conditions precedent set forth therein with respect thereto, succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 1 contract

Samples: Indenture (American Home Mortgage Investment Trust 2004-2)

Successor or Transferee. (aix) Upon any consolidation or merger of the Issuer in accordance with Section SECTION 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 1 contract

Samples: Consumer Portfolio Services Inc

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Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section SECTION 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had has been named as the Issuer herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Dealer Auto Receivables Corp)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(aSECTION 3.9(A), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 1 contract

Samples: Indenture (Bluegreen Corp)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a3.17(i), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 1 contract

Samples: C-Bass Mortgage Loan as-BCK Nt Sal Mort Ln Tr Ser 2001-Cb4

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, 24 the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had has been named as the Issuer herein.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Harley Davidson Customer Funding Corp)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section SECTION 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture and any Terms Supplement with the same effect as if such Person had been named as the Issuer herein.

Appears in 1 contract

Samples: Consumer Portfolio Services Inc

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