Common use of Successor or Transferee Clause in Contracts

Successor or Transferee. Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.10, the person formed by or surviving the consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right of, the Issuer under this Indenture with the same effect as if it had been named as the Issuer in this Indenture.

Appears in 51 contracts

Samples: Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G), Indenture (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D)

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Successor or Transferee. Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.10, the person formed by or surviving the consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right of, the Issuer under this Indenture with the same effect as if it had been named as the Issuer in this Indenture.

Appears in 18 contracts

Samples: Indenture (Cwabs Inc Revolving Home Eq Loan Asset BKD Notes Ser 2003-C), Indenture (Cwabs Inc), Indenture (Cwabs Inc Revolving Hm Equ Ln Asst Back NTS Ser 2003-B)

Successor or Transferee. Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.10(a), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture with the same effect as if it such Person had been named as the Issuer in this Indentureherein.

Appears in 3 contracts

Samples: Indenture (World Omni Auto Receivables Trust 2005-B), Indenture (SLM Funding Corp), Servicing Agreement (Navistar Financial Corp)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.10(a), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture with the same effect as if it such Person had been named as the Issuer in this Indentureherein. (b) Upon a conveyance or transfer of all the assets and properties of the Issuer pursuant to Section 3.10(b)

Appears in 2 contracts

Samples: Indenture (Credit Acceptance Corporation), Indenture (Credit Acceptance Corporation)

Successor or Transferee. Upon any consolidation or ------------------------- merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.16(a), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture with the same effect as if it such Person had been named as the Issuer in this Indentureherein.

Appears in 1 contract

Samples: Indenture (Imh Assets Corp)

Successor or Transferee. Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.09(a), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture Agreement with the same effect as if it had such Person has been named as the Issuer in this Indentureherein.

Appears in 1 contract

Samples: Trust Agreement (LTV Corp)

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Successor or Transferee. Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.19(a), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture with the same effect as if it such Person had been named as the Issuer in this Indentureherein.

Appears in 1 contract

Samples: Indenture (Morgan Stanley Abs Capital I Inc)

Successor or Transferee. (a) Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.09(a), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right of, the Issuer under this Indenture with the same effect as if it had been named as the Issuer in this Indenture.the

Appears in 1 contract

Samples: Indenture (Uici)

Successor or Transferee. x) Upon any consolidation or merger of the Issuer or transfer of all or substantially all of its properties or assets in accordance with Section 3.103.11(l), the person Person formed by or surviving the such consolidation or merger (if other than the Issuer) or to which the transfer is made shall succeed to, and be substituted for, and may exercise every right and power of and have every obligation of, the Issuer under this Indenture with the same effect as if it such Person had been named as the Issuer in this Indentureherein.

Appears in 1 contract

Samples: Indenture (GE TF Trust)

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