Successor Trustee by Mxxxxx, etc. Subject to Section 10.8, if the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee; provided that written notice of such consolidation, merger or conversion shall be provided to the Issuer, the Control Party and the Noteholders after completion thereof; provided further that the resulting or successor corporation is eligible to be a Trustee under Section 10.8.
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Samples: Base Indenture (Twin Hospitality Group Inc.), Base Indenture (Fat Brands, Inc)
Successor Trustee by Mxxxxx, etc. Subject to Section 10.811.6, if the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee; provided that such successor corporation shall provide written notice of such consolidation, merger or conversion shall be provided to the IssuerIssuers, the Control Party any Financial Insurance Provider and the Noteholders after completion thereof; provided further that the resulting or successor corporation is eligible to be a Trustee under Section 10.8each Noteholder.
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Samples: Indenture Agreement (Amerco /Nv/)
Successor Trustee by Mxxxxx, etc. Subject to Section 10.8, if the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee; provided that written notice of such consolidation, merger or conversion shall be provided to the IssuerCo-Issuers, the Control Party and Servicer, the Noteholders after completion thereofand each Class A-1 Administrative Agent; provided further that the resulting or successor corporation is eligible to be a Trustee under Section 10.8.
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Samples: Base Indenture (Sonic Corp)
Successor Trustee by Mxxxxx, etc. Subject to Section 10.811.6, if the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee; provided that such successor corporation shall provide written notice of such consolidation, merger or conversion shall be provided to the Issuer, the Control Party Issuers and the Noteholders after completion thereof; provided further that the resulting or successor corporation is eligible to be a Trustee under Section 10.8each Noteholder.
Appears in 1 contract
Samples: Indenture Agreement (Amerco /Nv/)
Successor Trustee by Mxxxxx, etc. Subject to Section 10.8, if the Trustee consolidates, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporation, the successor corporation without any further act shall be the successor Trustee; provided that written notice of such consolidation, merger or conversion shall be provided to the Issuer, the Control Party Controlling Class Representative, and the Noteholders after completion thereof; provided further that the resulting or successor corporation is eligible to be a Trustee under Section 10.8.
Appears in 1 contract
Samples: Base Indenture (Fat Brands, Inc)
Successor Trustee by Mxxxxx, etc. Subject to Section 10.87.10, if the Trustee consolidatesconsolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business to, another corporationcorporation or national banking association, the successor corporation entity without any further act shall be the successor Trustee; provided Trustee as to that written notice series of such consolidation, merger or conversion shall be provided to the Issuer, the Control Party and the Noteholders after completion thereof; provided further that the resulting or successor corporation is eligible to be a Trustee under Section 10.8Securities.
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