Common use of Successor Trustee as the Trustee Clause in Contracts

Successor Trustee as the Trustee. Upon appointment of the Successor Trustee pursuant to the preceding sub- Clauses (a) or (b) above, all references in this Deed to the Trustee shall unless repugnant to the context, mean and refer to the Successor Trustee and the Successor Trustee shall without any further act or deed succeed to all the powers and authorities of the Trustee as if it had been originally appointed as the Trustee.

Appears in 3 contracts

Samples: Debenture Trust Deed, Debenture Trust Deed, Debenture Trust Deed

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Successor Trustee as the Trustee. Upon appointment of the Successor successor Trustee pursuant to the preceding sub- Clauses proceeding sub-clause (ai) or (b) aboveii), all references in this Deed Agreement to the Trustee shall unless repugnant to the context, context mean and refer to the Successor Trustee and the Successor Trustee shall without any further act or deed succeed to all the powers and authorities of the Trustee as if it had been originally appointed as the Trustee.

Appears in 1 contract

Samples: Debenture Trust Cum Mortgage Deed

Successor Trustee as the Trustee. Upon On appointment of the Successor Trustee pursuant to paragraph (c) (Removal of the preceding sub- Clauses Trustee) below or paragraph (a) or (bResignation of the Trustee) above, all references in this Deed to the Trustee shall shall, unless repugnant to the contextcontext thereof, mean and refer to the Successor Trustee and the Successor Trustee shall without any further act or deed succeed to all the powers and authorities of the Trustee as if it had been originally appointed as the Trustee.

Appears in 1 contract

Samples: Debenture Trust Deed

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Successor Trustee as the Trustee. Upon appointment of the Successor Trustee pursuant to the preceding sub- Clauses sub-clause (a) or (b) above), all references in this Deed to the Trustee shall unless repugnant to the context, mean and refer to the Successor Trustee and the Successor Trustee shall without any further act or deed succeed to all the powers and authorities of the Trustee as if it had been originally appointed as the Trustee.

Appears in 1 contract

Samples: Debenture Trust Deed

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