Common use of AUTOMATIC SUCCESSION Clause in Contracts

AUTOMATIC SUCCESSION. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor to the Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. 10.1 Any company bank or corporation into which the Escrow Agent may be merged or with which it may be consolidated, or any company bank or corporation to whom the Escrow Agent may transfer a substantial amount of its global escrow Escrow business, shall be the Successor successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Partiesparties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow Escrow business, shall be the Successor to the Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow businesscorporate trust business (including the administration of this Agreement), shall be the Successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. 10.1 Any company bank or corporation into which the Escrow Agent may be merged or with which it may be consolidated, or any company bank or corporation to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall (following written notice to New Skies and BSSI) be the Successor successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Partiesparties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow Global Escrow business, shall be the Successor to the Agent without the execution or filing of any paper or any further act on the part of any of the Parties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. 22.1 Any company bank or corporation into which the Escrow Agent may be merged or with which it may be consolidated, or any company bank or corporation to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Partiesparties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. 12.1 Any company bank or corporation into which the Escrow Agent may be merged or with which it may be consolidated, or any company bank or corporation to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Partiesparties, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. Any Notwithstanding anything in this Agreement to the contrary, any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor successor to the Escrow Agent without the execution or of filing of any paper or any further act on the part of any of the Parties, anything herein to provided, however, the contrary notwithstandingEscrow Agent shall at no time during the term of this Agreement have a substantial financial relationship with either the Parent or Company.

AUTOMATIC SUCCESSION. Any company into which the Escrow Agent may be merged or with which it may be consolidated, or any company to whom the Escrow Agent may transfer a substantial amount of its global escrow business, shall be the Successor successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the PartiesEscrow Agent, Cronos, and Karadas, anything herein to the contrary notwithstanding.

AUTOMATIC SUCCESSION. 11.1 Any company bank or corporation into which the Escrow Agent may be merged or converted or with which it may be consolidated, or any company bank or corporation to whom the Escrow Agent may transfer a substantial amount of its global escrow Escrow business, shall be the Successor successor to the Escrow Agent without the execution or filing of any paper or any further act on the part of any of the Partiesparties, anything herein to the contrary notwithstanding.