Common use of Transfer of Rights and Property to Successor Trustee Clause in Contracts

Transfer of Rights and Property to Successor Trustee. Any successor Trustee appointed under this Indenture shall execute, acknowledge and deliver to its predecessor, and also to the Issuer, the Servicer and to any Owner which shall request the same, an instrument accepting such appointment and thereupon such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all moneys, estates, properties, rights, powers, duties and obligations of such predecessor Trustee, with like effect as if originally named; but the Trustee ceasing to act nevertheless, shall execute, acknowledge and deliver such instruments of conveyance and further assurance and do such other things as reasonably may be required for more fully and certainly vesting and confirming in such successor all the right, title and interest of the predecessor Trustee in and to any property held by it under this Indenture, and shall pay over, assign and deliver to the successor Trustee any money or other property subject to the trusts and conditions set forth in or pursuant to this Indenture. Should any deed, conveyance or instrument in writing from the Issuer be required by such successor Trustee for more fully and certainly vesting in and confirming any such estates, rights, powers and duties, any and all such deeds, conveyances and instruments in writing, on request and so far as may be authorized by law, shall be executed, acknowledged and delivered by the Issuer.

Transfer of Rights and Property to Successor Trustee. Any successor Trustee appointed under this Indenture shall execute, acknowledge and deliver to its predecessorpredecessor Trustee, and also to the Issuer, the Servicer and to any Owner which shall request the sameSANDAG, an instrument accepting such appointment appointment, and thereupon such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all moneys, estates, properties, rights, powers, duties and obligations of such predecessor Trustee, with like effect as if originally named; but the predecessor Trustee ceasing to act shall nevertheless, shall on the written request of SANDAG or of the successor Trustee, execute, acknowledge and deliver such instruments of conveyance and further assurance assurances and do such other things as may reasonably may be required for more fully and certainly vesting and confirming in such successor Trustee all the its right, title and interest of the predecessor Trustee in and to any property held by it under this Indenture, and shall pay over, assign and deliver to the successor Trustee any money or other property subject to the trusts and conditions herein set forth in or pursuant to this Indentureforth. Should any deed, conveyance or instrument in writing from the Issuer SANDAG be required by such successor Trustee for more fully and certainly vesting in and confirming to such successor Trustee any such moneys, estates, properties, rights, powers and duties, any and all such deedsdeed, conveyances and instruments in writing, on request and so far as may be authorized by law, conveyance or instrument shall be executed, acknowledged and delivered by the IssuerXXXXXX.

Transfer of Rights and Property to Successor Trustee. Any successor Trustee appointed under this Indenture Trust Agreement shall execute, acknowledge and deliver to its predecessorpredecessor Trustee, and also to the Issuer, the Servicer and to any Owner which shall request the sameAuthority, an instrument accepting such appointment appointment, and thereupon such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all moneys, estates, properties, rights, powers, duties and obligations of such predecessor Trustee, with like effect as if originally namednamed as Trustee; but the Trustee ceasing to act shall nevertheless, shall on the written request of the Authority, or of the successor Trustee, execute, acknowledge and deliver such instruments of conveyance and further assurance and do such other things as may reasonably may be required for more fully and certainly vesting and confirming in such successor Trustee all the right, title and interest of the predecessor Trustee in and to any property held by it under this IndentureTrust Agreement, and shall pay over, assign and deliver to the successor Trustee any money or other property subject to the trusts and conditions herein set forth in or pursuant to this Indentureforth. Should any deed, conveyance or instrument in writing from the Issuer Authority be required by such successor Trustee for more fully and certainly vesting in and confirming to such successor Trustee any such estates, rights, powers and duties, any and all such deeds, conveyances and instruments in writingwriting shall, on request request, and so far as may be authorized by law, shall be executed, acknowledged and delivered by the IssuerAuthority. Any such successor Trustee shall promptly notify the Paying Agents of its appointment as Trustee.

Transfer of Rights and Property to Successor Trustee. Any successor Trustee appointed under this Indenture shall execute, acknowledge and deliver to its predecessorpredecessor Trustee, and also to the Issuer, Issuer and the Servicer and to any Owner which shall request the sameCompany, an instrument accepting such appointment appointment, and thereupon such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all moneys, estates, properties, rights, powers, duties and obligations of such predecessor Trustee, with like effect as if originally named; but the predecessor Trustee ceasing to act shall nevertheless, shall on the written request of the Issuer or of the successor Trustee, execute, acknowledge and deliver such instruments of conveyance and further assurance assurances and do such other things as may reasonably may be required for more fully and certainly vesting and confirming in such successor Trustee all the its right, title and interest of the predecessor Trustee in and to any property held by it under this Indenture, and shall pay over, assign and deliver to the successor Trustee any money or other property subject to the trusts and conditions herein set forth in or pursuant to this Indentureforth. Should any deed, conveyance or instrument in writing from the Issuer be required by such successor Trustee for more fully and certainly vesting in and confirming to such successor Trustee any such moneys, estates, properties, rights, powers and duties, any and all such deedsdeed, conveyances and instruments in writing, on request and so far as may be authorized by law, conveyance or instrument shall be executed, acknowledged and delivered by the Issuer.

Transfer of Rights and Property to Successor Trustee. Any successor Trustee appointed under this Indenture Trust Agreement shall execute, acknowledge and deliver to its predecessor, and also to the Issuer, the Servicer and to any Owner which shall request the same, predecessor Trustee an instrument accepting such appointment appointment, and thereupon such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all moneys, estates, properties, rights, powers, duties and obligations of such predecessor Trustee, with like effect as if originally namednamed as Trustee; but the Trustee ceasing to act shall nevertheless, shall on the written request of the successor Trustee, execute, acknowledge and deliver such instruments instrument of conveyance and further assurance and do such other things as may reasonably may be required for more fully and certainly vesting and confirming in such successor Trustee all the right, title and interest of the predecessor Trustee in and to any property held by it under this IndentureTrust Agreement, and shall pay over, assign and deliver to the successor Trustee any money or other property subject to the trusts and conditions herein set forth in or pursuant to this Indentureforth. Should any deed, conveyance or instrument in writing from the Issuer City or the Authority be required by such successor Trustee for more fully and certainly vesting in and confirming to such successor Trustee any such estates, rights, powers power and duties, any and all such deeds, conveyances and instruments in writingwriting shall, on request request, and so far as may be authorized by law, shall be executed, acknowledged and delivered by the IssuerCity or the Authority.

Transfer of Rights and Property to Successor Trustee. Any successor Trustee appointed under this Indenture Trust Agreement shall execute, acknowledge and deliver to its predecessorpredecessor Trustee, and also to the Issuer, the Servicer and to any Owner which shall request the same, Authority an instrument accepting such appointment appointment, and thereupon such successor Trustee, without any further act, deed or conveyance, shall become fully vested with all moneys, estates, properties, rights, powers, duties and obligations of such predecessor Trustee, with like effect as if originally namednamed as Trustee; but the Trustee ceasing to act shall nevertheless, shall on the written request of the Authority, or of the successor Trustee, execute, acknowledge and deliver such instruments of conveyance and further assurance and do such other things as may reasonably may be required for more fully and certainly vesting and confirming in such successor Trustee all the right, title and interest of the predecessor Trustee in and to any property held by it under this IndentureTrust Agreement, and shall pay over, assign and deliver to the successor Trustee any money or other property subject to the trusts and conditions herein set forth in or pursuant to this Indentureforth. Should any deed, conveyance or instrument in writing from the Issuer Authority be required by such successor Trustee for more fully and certainly vesting in and confirming to such successor Trustee any such estates, rights, powers and duties, any and all such deeds, conveyances and instruments in writingwriting shall, on request request, and so far as may be authorized by law, shall be executed, acknowledged and delivered by the IssuerAuthority. Any such successor Trustee shall promptly notify the Paying Agents of its appointment as Trustee.