Successor Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) 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 such Person had been named as the Issuer herein.
Appears in 47 contracts
Samples: Onyx Acceptance Owner Trust 2005-A, Indenture (Onyx Acceptance Financial Corp), Indenture (Uacsc 2000-a Owner Trust Auto Rec Backed Notes)
Successor Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a3.11(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) 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 such Person had been named as the Issuer herein.
Appears in 2 contracts
Samples: Onyx Acceptance Corp, Onyx Acceptance Corp
