Common use of Successor Clause in Contracts

Successor. If a successor Indenture Trustee is appointed for the Class A, Class B or Class C Notes under this Section 6.11, the Issuer, the predecessor Indenture Trustee and the successor Indenture Trustee will execute an indenture supplemental to this Indenture. The supplemental indenture will contain: (i) the terms on which the successor Indenture Trustee accepts its appointment; (ii) the terms necessary or advisable to transfer and confirm to, the successor Indenture Trustee the rights, powers and obligations of the Indenture Trustee for the Notes for which the successor Indenture Trustee is appointed; (iii) if the predecessor Indenture Trustee is not being removed as Indenture Trustee for all of the Notes, the terms necessary or desirable to confirm that the rights, powers and obligations of the predecessor Indenture Trustee for the Notes for which the predecessor Indenture Trustee is not being removed continue to be vested in the Indenture Trustee for these Notes; and (iv) the terms necessary to provide for or facilitate the administration of the trusts under this Indenture by more than one Indenture Trustee.

Successor. If a successor Indenture Trustee is appointed for the Class A, Class B B, Class C or Class C D Notes under this Section 6.11, the Issuer, the predecessor Indenture Trustee and the successor Indenture Trustee will execute an indenture supplemental to this Indenture. The supplemental indenture will contain: (i) the terms on which the successor Indenture Trustee accepts its appointment; (ii) the terms necessary or advisable to transfer and confirm to, the successor Indenture Trustee the rights, powers and obligations of the Indenture Trustee for the Notes for which the successor Indenture Trustee is appointed; (iii) if the predecessor Indenture Trustee is not being removed as Indenture Trustee for all of the Notes, the terms necessary or desirable to confirm that the rights, powers and obligations of the predecessor Indenture Trustee for the Notes for which the predecessor Indenture Trustee is not being removed continue to be vested in the Indenture Trustee for these Notes; and (iv) the terms necessary to provide for or facilitate the administration of the trusts under this Indenture by more than one Indenture Trustee.

Successor. If a successor Indenture Trustee is appointed for the Class A, Class B or Class C Notes under this Section 6.11, the Issuer, the predecessor Indenture Trustee and the successor Indenture Trustee will execute an indenture supplemental to this Indenture. The supplemental indenture will contain: (i) the terms on which the successor Indenture Trustee accepts its appointment; (ii) the terms necessary or advisable to transfer and confirm to, the successor Indenture Trustee the rights, powers and obligations of the Indenture Trustee for the Notes for which the successor Indenture Trustee is appointed; (iii) if the predecessor Indenture Trustee is not being removed retiring as Indenture Trustee for all of the Notes, the terms necessary or desirable to confirm that the rights, powers and obligations of the predecessor Indenture Trustee for the Notes for which the predecessor Indenture Trustee is not being removed retiring continue to be vested in the Indenture Trustee for these Notes; and (iv) the terms necessary to provide for or facilitate the administration of the trusts under this Indenture by more than one Indenture Trustee.

Successor. If a successor Indenture Trustee is appointed for the Class A, Class B B[,]/[or] Class C [or Class C D] Notes under this Section 6.11, the Issuer, the predecessor Indenture Trustee and the successor Indenture Trustee will execute an indenture supplemental to this Indenture. The supplemental indenture will contain: (i) the terms on which the successor Indenture Trustee accepts its appointment; (ii) the terms necessary or advisable to transfer and confirm to, the successor Indenture Trustee the rights, powers and obligations of the Indenture Trustee for the Notes for which the successor Indenture Trustee is appointed; (iii) if the predecessor Indenture Trustee is not being removed as Indenture Trustee for all of the Notes, the terms necessary or desirable to confirm that the rights, powers and obligations of the predecessor Indenture Trustee for the Notes for which the predecessor Indenture Trustee is not being removed continue to be vested in the Indenture Trustee for these Notes; and (iv) the terms necessary to provide for or facilitate the administration of the trusts under this Indenture by more than one Indenture Trustee.