Common use of Successor Trustee by Merger Clause in Contracts

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 92 contracts

Samples: Short Term Notes Indenture, Trust Indenture and Security Agreement (Korth Direct Mortgage Inc.), Trust Indenture and Security Agreement (Korth Direct Mortgage Inc.)

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Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, to another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 26 contracts

Samples: Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD), Junior Indenture (Hawaiian Electric Co Inc)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets (including this Trusteeship) to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 5 contracts

Samples: Nortek Inc, Nortek Inc, Nortek Inc

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trustee business (including the trust business created by this Indenture) or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 4 contracts

Samples: Indenture (Ingram Micro Inc), Indenture (Network Associates Inc), Indenture (Atmel Corp)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets (including the trust created by the Indenture) to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee; PROVIDED that such successor is eligible and qualified under Section 7.10.

Appears in 3 contracts

Samples: Mark Iv Industries Inc, Hutchinson Technology Inc, Mark Iv Industries Inc

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation corporation, without any further act act, shall be the successor Trustee.

Appears in 3 contracts

Samples: Mid America Capital Partners L P, Mid America Capital Partners L P, Mid America Capital Partners L P

Successor Trustee by Merger. (a) If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation or banking association shall, without any further act shall act, be the successor Trustee. Notice of any such event shall be promptly given to each Rating Agency by the successor Trustee.

Appears in 3 contracts

Samples: Indenture (JCP&L Transition Funding II LLC), JCP&L Transition Funding II LLC, Indenture (Jcp&l Transition Funding LLC)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. The Trustee shall provide prior written notice of any such transaction to each Noteholder and each Note Purchaser.

Appears in 2 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Trustee.

Appears in 2 contracts

Samples: Kaneb Pipe Line Operating Partnership Lp, Kellwood Co

Successor Trustee by Merger. If Except as otherwise provided in Section 7.8(1) or 7.8(4), if the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 2 contracts

Samples: Indenture (Dura Pharmaceuticals Inc/Ca), Dura Pharmaceuticals Inc/Ca

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers xx xxxnsfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 2 contracts

Samples: Indenture (Bergen Brunswig Corp), Indenture (Odyssey Re Holdings Corp)

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

Appears in 2 contracts

Samples: Indenture (Cardiac Science Inc), Indenture (Cardiac Science Inc)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. The Trustee shall provide the Noteholders and the Note Purchaser prior written notice of any such transaction.

Appears in 2 contracts

Samples: Indenture (Consumer Portfolio Services Inc), Indenture (Consumer Portfolio Services Inc)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers xxxxxxers all or substantially all its corporate trust business or assets (including the administration of the trust created by this Indenture) to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 2 contracts

Samples: Medicis Pharmaceutical Corp, Maxtor Corp

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Successor Trustee by Merger. If the Trustee consolidates --------------------------- with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 2 contracts

Samples: Indenture (Hewlett Packard Co), Merrill Lynch Preferred Capital Trust V

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.Trustee.β€Œ

Appears in 1 contract

Samples: ysdocs.s3.amazonaws.com

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. The Trustee shall provide the Rating Agencies and the Noteholder prior written notice of any such transaction.

Appears in 1 contract

Samples: Consumer Portfolio Services Inc

Successor Trustee by Merger. xv) If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. The Trustee shall provide the Rating Agencies prior written notice of any such transaction.

Appears in 1 contract

Samples: Consumer Portfolio Services Inc

Successor Trustee by Merger. (a) If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee. The Trustee shall provide the Rating Agencies and the Note Insurer prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Consumer Portfolio Services Inc)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust trustee business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 1 contract

Samples: Triarc Companies Inc

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts intoinxx, or xx transfers all or substantially all its corporate trust business or assets to, another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 1 contract

Samples: Sierra Health Services (Sierra Health Services Inc)

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, (including this Trusteeship) to another corporation, the resulting, surviving or transferee corporation without any further act shall be the successor Trustee.

Appears in 1 contract

Samples: Peco Energy Co

Successor Trustee by Merger. If the Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporationcorporation or banking association, the resulting, surviving or transferee corporation without any further act shall be the successor TrusteeTrustee PROVIDED that such successor shall be eligible and qualified under Section 7.10.

Appears in 1 contract

Samples: Indenture (Fairchild Semiconductor International Inc)

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