Common use of Successor Trustee by Consolidation, Merger, etc Clause in Contracts

Successor Trustee by Consolidation, Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets to, another corporation, subject to Section 6.09, the successor corporation without any further act shall be the successor Trustee; provided, that such entity shall be otherwise qualified and eligible under this Article VI. In case any Notes shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Notes so authenticated with the same effect as if such successor Trustee had itself authenticated such Notes.

Appears in 2 contracts

Samples: Indenture (Catalyst Paper Corp), Satisfaction and Discharge (Catalyst Paper Corp)

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Successor Trustee by Consolidation, Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets to, another corporation, subject to Section 6.096.10 hereof, the successor corporation without any further act shall be the successor Trustee; provided, that PROVIDED such entity shall be otherwise qualified and eligible under this Article VISix. In case any Notes Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Notes Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such NotesSecurities.

Appears in 1 contract

Samples: Indenture (Norske Skog Canada LTD)

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Successor Trustee by Consolidation, Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust assets to, another corporation, subject to Section 6.096.10 hereof, the successor corporation without any further act shall be the successor Trustee; provided, that provided such entity shall be otherwise qualified and eligible under this Article VISix. In case any Notes Securities shall have been authenticated, but not delivered, by the Trustee then in office, any successor by merger, conversion or consolidation to such authenticating Trustee may adopt such authentication and deliver the Notes Securities so authenticated with the same effect as if such successor Trustee had itself authenticated such NotesSecurities.

Appears in 1 contract

Samples: Indenture (Norske Skog Canada LTD)

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