Common use of Successor Registrar Clause in Contracts

Successor Registrar. (a) EDC agrees that there shall at all times be a Registrar hereunder and that such registrar shall be a bank or trust company organized and doing business under the laws of Canada or any province or territory thereof or the United States or any state thereof, in good standing and authorized to perform the duties set out herein; provided that EDC may choose to act at any time as its own fiscal agent, transfer agent, registrar and principal paying agent. The Registrar shall not transfer or assign this Agreement or any interest or obligation herein without EDC’s prior written consent. Any corporation into which the Registrar hereunder may be amalgamated, merged or converted, or any corporation with which the Registrar may be consolidated, or any corporation resulting from any amalgamation, merger, conversion or consolidation to which the Registrar shall sell or otherwise transfer all or substantially all of the corporate trust business of the Registrar, provided that it shall be qualified as aforesaid, shall be the successor Registrar under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto. EDC reserves the right to appoint a new Registrar within 30 days of such amalgamation, merger, conversion or consolidation.

Successor Registrar. (a) EDC Canada agrees that there shall at all times be a Registrar hereunder and that such registrar shall be a bank or trust company organized and doing business under the laws of Canada or any province or territory thereof or the United States or any state thereof, in good standing and authorized to perform the duties set out herein; provided that EDC Canada may choose to act at any time as its own fiscal agent, transfer agent, registrar and principal paying agent. The Registrar shall not transfer or assign this Agreement or any interest or obligation herein without EDCCanada’s prior written consent. Any corporation into which the Registrar hereunder may be amalgamated, merged or converted, or any corporation with which the Registrar may be consolidated, or any corporation resulting from any amalgamation, merger, conversion or consolidation to which the Registrar shall sell or otherwise transfer all or substantially all of the corporate trust business of the Registrar, provided that it shall be qualified as aforesaid, shall be the successor Registrar under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto. EDC Canada reserves the right to appoint a new Registrar within 30 days of such amalgamation, merger, conversion or consolidation.

Successor Registrar. (a) EDC agrees that there shall at all times be a Registrar hereunder and that such registrar shall be a bank or trust company organized and doing business under the laws of Canada or any province or territory thereof or the United States or any state thereof, in good standing and authorized to perform the duties set out herein; provided that EDC may choose to act at any time as its own fiscal agent, transfer agent, registrar and principal paying agent. The Registrar shall not transfer or assign this Agreement or any interest or obligation herein without EDC’s prior written consent. Any corporation into which the Registrar hereunder may be amalgamated, merged or converted, or any corporation with which the Registrar may be consolidated, or any corporation resulting from any amalgamation, merger, conversion or consolidation to which the Registrar shall sell or otherwise transfer all or substantially all of the corporate trust business of the Registrar, provided that it shall be qualified as aforesaid, shall be the successor Registrar under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto. EDC reserves , but subject to prior notice to and the right to appoint a new Registrar within 30 days prior approval of such amalgamation, merger, conversion or consolidationEDC.

Successor Registrar. (a) EDC agrees that there shall at all times be a Registrar hereunder and that such registrar shall be a bank or trust company organized and doing business under the laws of Canada or any province or territory thereof or the United States or any state thereof, in good standing and authorized to perform the duties set out herein; provided that EDC may choose to act at any time as its own fiscal agent, transfer agent, registrar and principal paying agent. The Registrar shall not transfer or assign this Agreement or any interest or obligation herein without EDC’s prior written consent. Any corporation into which the Registrar hereunder may be amalgamated, merged or converted, or any corporation with which the Registrar may be consolidated, or any corporation resulting from any amalgamation, merger, conversion or consolidation to which the Registrar shall sell or otherwise transfer all or substantially all of the corporate trust business of the Registrar, provided that it shall be qualified as aforesaid, shall be the successor Registrar under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto. EDC reserves the right to appoint a new Registrar within 30 days of such amalgamation, merger, conversion or consolidation.

Successor Registrar. (a) EDC Canada agrees that there shall at all times be a Registrar hereunder and that such registrar shall be a bank or trust company organized and doing business under the laws of Canada or any province or territory thereof or thereof, the United States or any state thereofthereof or the United Kingdom, in good standing and authorized to perform the duties set out herein; provided that EDC Canada may choose to act at any time as its own fiscal agent, transfer agent, registrar and principal paying agent. The Registrar shall not transfer or assign this Agreement or any interest or obligation herein without EDCCanada’s prior written consent. Any corporation into which the Registrar hereunder may be amalgamated, merged or converted, or any corporation with which the Registrar may be consolidated, or any corporation resulting from any amalgamation, merger, conversion or consolidation to which the Registrar shall sell or otherwise transfer all or substantially all of the corporate trust business of the Registrar, provided that it shall be qualified as aforesaid, shall be the successor Registrar under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto. EDC Canada reserves the right to appoint a new Registrar within 30 days of such amalgamation, merger, conversion or consolidation.