Common use of Successor to Custodian Clause in Contracts

Successor to Custodian. Any trust company resulting from the merger or amalgamation of the Custodian with one or more trust companies and any trust company which succeeds to substantially all of the custody business of the Custodian shall thereupon become the successor to the Custodian hereunder without further act or formality provided that the Custodian gives written notice to the Client and the Fund within a reasonable period of time after the fact.

Appears in 7 contracts

Samples: Custodian Agreement, Custodian Agreement, Custodian Agreement

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