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

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 11 contracts

Samples: Indenture (Perry-Judds Inc), Financing and Security Agreement (Kimberton Enterprises Inc), Indenture (Roadhouse Grill Inc)

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Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, PROVIDED that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 10 contracts

Samples: Supplemental Indenture (Northern Sanitation Inc), Merger Agreement (Salt Holdings Corp), Indenture (Avado Brands Inc)

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10.

Appears in 6 contracts

Samples: Indenture (Nco Group Inc), Indenture (Waste Connections Inc/De), Indenture (Manugistics Group Inc)

Successor Trustee by Merger, etc. If (a) Subject to Section 9.10 hereof, if the Trustee consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee successor corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, will be the successor Trustee; PROVIDEDprovided that in the case of a transfer of all or substantially all of its corporate trust business to another corporation, HOWEVER, that such the transferee corporation shall be otherwise qualified and eligible under this Article Sevenexpressly assumes all of the Trustee's liabilities hereunder.

Appears in 5 contracts

Samples: Indenture (U S Home Corp /De/), Indenture (U S Home Corp /De/), U S Home Corp /De/

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, to another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 5 contracts

Samples: Indenture (Resort Investment LLC), Indenture (Source Media Inc), Resort at Summerlin Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 7.10.

Appears in 4 contracts

Samples: Igene Biotechnology Inc, Cerplex Group Inc/De, Wolverine Tube Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporationcorporation or national banking association, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, PROVIDED that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 4 contracts

Samples: Outsourcing Services (Aerosol Services Co Inc), Nationsrent Inc, Federal Data Corp /Fa/

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, Person the resulting, surviving or transferee corporation Person without any further act shall, if such resulting, surviving or transferee corporation Person is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation Person shall be otherwise qualified and eligible under this Article Seven.

Appears in 3 contracts

Samples: Registration Rights Agreement (CSS Trade Names Inc), Article Twelve (Discovery Zone Inc), Hockey Co

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporationcorporation or national banking association, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, provided that such corporation shall be otherwise qualified and eligible under this Article SevenVII.

Appears in 3 contracts

Samples: Supplemental Indenture (Everest One Ipa Inc), Supplemental Indenture (PSS Holding Inc), Hanger Orthopedic Group Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10.

Appears in 2 contracts

Samples: Indenture (Asc Holdings Inc), American Skiing Co /Me

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporationPerson, the resulting, surviving or transferee corporation Person without any further act shall, if such resulting, surviving or transferee corporation Person is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, PROVIDED that such corporation Person shall be otherwise qualified and eligible under this Article Seven8.

Appears in 2 contracts

Samples: Indenture (International Fast Food Corp), Indenture (International Fast Food Corp)

Successor Trustee by Merger, etc. If Subject to Section 7.10 hereof, if the Trustee consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 2 contracts

Samples: Indenture (World Color Press Inc /De/), World Color Press Inc /De/

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business (including the trust created by this Indenture) to, another corporation or banking corporation, the resulting, surviving or transferee corporation or banking corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article SevenEight.

Appears in 2 contracts

Samples: Indenture (MTS Inc), MTS Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, resulting surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 2 contracts

Samples: Platinum Technology Inc, Platinum Technology Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, to another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDEDprovided, HOWEVERhowever, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 2 contracts

Samples: Appreciation Note Indenture (Central Michigan Distribution Co Lp), Indenture (Central Michigan Distribution Co Lp)

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that PROVIDED such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10. Such successor Trustee shall promptly mail notice of its succession to the Company and each Holder.

Appears in 2 contracts

Samples: Invitrogen Corp, Cymer Inc

Successor Trustee by Merger, etc. If (a) Subject to Section 9.10 hereof, if the Trustee consolidates withwith respect to any series of Securities consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee successor corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, will be the successor Trustee; PROVIDEDprovided that in the case of a transfer of all or substantially all of its corporate trust business to another corporation, HOWEVER, that such the transferee corporation shall be otherwise qualified and eligible under this Article Sevenexpressly assumes all of the Trustee's liabilities hereunder.

Appears in 2 contracts

Samples: U S Home Corp /De/, U S Home Corp /De/

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article SevenARTICLE VII.

Appears in 1 contract

Samples: LNR Property Corp

Successor Trustee by Merger, etc. If the Trustee as to any series of Securities consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, without any further act, be the successor Trustee; PROVIDED, HOWEVER, that Trustee as to such corporation shall be otherwise qualified and eligible under this Article Sevenseries. SECTION 7.10.

Appears in 1 contract

Samples: Circus Circus Enterprises Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, by sale or otherwise, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that PROVIDED such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10. Such successor Trustee shall promptly mail notice of its succession to the Company and each Holder.

Appears in 1 contract

Samples: Cubist Pharmaceuticals Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10. Such successor Trustee shall promptly mail notice of its succession to the Company and each Holder.

Appears in 1 contract

Samples: Usinternetworking Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven. SECTION 8.10.

Appears in 1 contract

Samples: Forest Oil Corp

Successor Trustee by Merger, etc. If the Notes Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, to another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Notes Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Indenture (Bluegreen Corp)

Successor Trustee by Merger, etc. If the Trustee as to the Securities consolidates with, merges or converts into, or transfers all or substantially substan- tially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, without any further act, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article SevenTrustee as to the Securities.

Appears in 1 contract

Samples: Mandalay Resort Group

Successor Trustee by Merger, etc. If Subject to Section 7.10 hereof, if the Trustee consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise other wise eligible hereunder, be the successor Successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Indenture (World Color Press Inc /De/)

Successor Trustee by Merger, etc. If the Trustee consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee successor corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that such corporation or association shall be otherwise eligible and qualified and eligible under this Article Seven7 and shall notify the Company of its successor hereunder.

Appears in 1 contract

Samples: Indenture (Alaris Medical Systems Inc)

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10 hereof.

Appears in 1 contract

Samples: America First Real Estate Investment Co Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation or banking corporation, the resulting, surviving or transferee corporation or banking corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Vesta Insurance Group Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 8.10 hereof.

Appears in 1 contract

Samples: Satisfaction and Discharge of Indenture (America First Real Estate Investment Partners L P)

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Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10.

Appears in 1 contract

Samples: Incyte Pharmaceuticals Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.be

Appears in 1 contract

Samples: Integra Lifesciences Holdings Corp

Successor Trustee by Merger, etc. If the Trustee consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shallwill, if such the resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Indenture (Tv Filme Inc)

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation or banking corporation, the resulting, surviving or transferee trans- feree corporation or banking corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Metris Direct Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that PROVIDED such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10.

Appears in 1 contract

Samples: Indenture (Pinnacle Holdings Inc)

Successor Trustee by Merger, etc. If the Trustee as to the Securities consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, without any further act, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article SevenTrustee as to the Securities.

Appears in 1 contract

Samples: Mandalay Resort Group

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving surviv- ing or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Huntsman International LLC

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified Trustee (and eligible successor Trustee under this Article Seventhe Security Documents).

Appears in 1 contract

Samples: Acme Intermediate Holdings LLC

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10. Such successor Trustee shall promptly mail notice of its succession to the Issuer and each Holder.

Appears in 1 contract

Samples: Indenture (Wynn Resorts LTD)

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business assets (including the administration of this Indenture) to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act shallact, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that provided such transferee corporation shall qualify and be otherwise qualified and eligible under this Article SevenSection 9.10. Such successor Trustee shall promptly mail notice of its succession to the Company and each Holder.

Appears in 1 contract

Samples: Indenture (Thoratec Corp)

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, to another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVERprovided, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: National Tobacco Co Lp

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, provided that such corporation -------- shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: RPP Capital Corp

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article SevenVII.

Appears in 1 contract

Samples: Williams Scotsman of Canada Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges merges, amalgamates or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Loewen Group Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, resulting surviving or transferee transferred corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Mercury Air Group Inc

Successor Trustee by Merger, etc. If the Trustee consolidates withconsolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee successor corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, shall be the successor Trustee; PROVIDED, HOWEVER, that such corporation Person shall be otherwise qualified and eligible under this Article SevenSeven hereof.

Appears in 1 contract

Samples: Perkins & Marie Callender's Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, provided that such corporation shall be otherwise qualified and eligible under this Article Seven7.

Appears in 1 contract

Samples: Ackerley Group Inc

Successor Trustee by Merger, etc. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, to another corporation, the resulting, surviving or transferee corporation without any further act shall, if such resulting, surviving or transferee corporation is otherwise eligible hereunder, be the successor Trustee; PROVIDED, HOWEVER, that such corporation shall be otherwise qualified and eligible under this Article Seven.

Appears in 1 contract

Samples: Indenture (Spinnaker Industries Inc)

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