Common use of Successor or Transferee Clause in Contracts

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 Note Indenture with the same effect as if such Person had been named as the Note Issuer herein.

Appears in 10 contracts

Samples: Note Indenture (BEC Funding II, LLC), Note Indenture (CEC Funding, LLC), Note Indenture (CEC Funding, LLC)

AutoNDA by SimpleDocs

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 Note Indenture with the same effect as if such Person had been named as the Note Issuer herein.

Appears in 6 contracts

Samples: Sce Funding LLC, Pg&e Funding LLC, Sdg&e Funding LLC a De Limited Liability Co

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 Note Indenture with the same effect as if such Person had been named as the Note Issuer herein.

Appears in 1 contract

Samples: Sce Funding LLC

AutoNDA by SimpleDocs

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 Note Indenture with the same effect as if such Person had been named as the Note Issuer herein.

Appears in 1 contract

Samples: Sdg&e Funding LLC a De Limited Liability Co

Time is Money Join Law Insider Premium to draft better contracts faster.