Common use of SUCCESSOR TO CALCULATION AGENT Clause in Contracts

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party;; or (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party;; -------------------------------------------------------------------------------- Page 22 Xxxxx Xxxxx AGENCY AGREEMENT & Xxxxxxx -------------------------------------------------------------------------------- (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, Agency Agreement [ALLENS XXXXXX XXXXXXXX LOGO] -------------------------------------------------------------------------------- shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Trust Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated;; Agency Agreement [ALLENS XXXXXX XXXXXXXX LOGO] -------------------------------------------------------------------------------- (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Trust Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Trust Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party;; or (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Trust Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party;; Agency Agreement [Allens Xxxxxx Xxxxxxxx LOGO] -------------------------------------------------------------------------------- (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Trust Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party;; or (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation -------------------------------------------------------------------------------- Page 20 Agency Agreement Allens Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Trust Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the TrusteeIssuer, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation AgentAgent and a deed whereby the successor agrees to be bound by the terms of this deed, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement deed and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreementdeed, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i1) into which the Calculation Agent is merged; (ii2) with which the Calculation Agent is consolidated; (iii3) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv4) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective (and upon execution by the Issuer, the Manager and any such merged or consolidated entity of a deed whereby that entity agrees to be bound by the terms of this deed) and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement deed without the execution or filing of any agreement or document or any further act on the part of the parties to this agreementdeed, unless otherwise required by the Trustee Issuer or the Manager, and after that effective date all references in this agreement deed to the Calculation Agent shall be references to that corporation. (c) The Manager undertakes to use its best endeavours to procure execution by the relevant parties of the deeds referred to in clauses 33.6(a) and 33.6(b).

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Trust Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged;; AGENCY AGREEMENT Allens Xxxxxx Xxxxxxxx -------------------------------------------------------------------------------- (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Trust Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agency Agreement Xxxxx Xxxxx & Xxxxxxx -------------------------------------------------------------------------------- Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Trust Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by the Trustee or the Trust Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.

SUCCESSOR TO CALCULATION AGENT. (a) On the execution by the Trustee, the Manager and any successor Calculation Agent of an instrument effecting the appointment of that successor Calculation Agent, that successor Calculation Agent shall, without any further act, deed or conveyance, become vested with all the authority, rights, powers, trusts, immunities, duties and obligations of its predecessor with effect as if originally named as Calculation Agent in this agreement and that predecessor, on payment to it of the pro rata proportion of its administration fee and disbursements then unpaid (if any), shall have no further liabilities under this agreement, except for any accrued liabilities arising from or relating to any act or omission occurring prior to the date on which the successor Calculation Agent is appointed. (b) Any corporation: (i) into which the Calculation Agent is merged; (ii) with which the Calculation Agent is consolidated; (iii) resulting from any merger or consolidation to which the Calculation Agent is a party; (iv) to which the Calculation Agent sells or otherwise transfers all or substantially all the assets of its corporate trust business, shall, on the date when that merger, conversion, consolidation, sale or transfer becomes effective and to the extent permitted by applicable law, become the successor Calculation Agent under this agreement without the execution or filing of any agreement or document or any further act on the part of the parties to this agreement, unless otherwise required by Agency Agreement [Allens Xxxxxx Xxxxxxxx LOGO] -------------------------------------------------------------------------------- the Trustee or the Manager, and after that effective date all references in this agreement to the Calculation Agent shall be references to that corporation.