Common use of Merger of Trustee Clause in Contracts

Merger of Trustee. Any corporation into which the Trustee is merged or with which it is consolidated, or any corporation resulting from a merger, reorganization, or consolidation, to which the Trustee is a party, or any corporation to which all or substantially all the trust business of the Trustee is transferred shall become the successor trustee under this Agreement without the execution or filing of any further instrument or the performance of any further act.

Appears in 3 contracts

Samples: Trust Agreement (Warwick Community Bancorp Inc), Trust Agreement (Warwick Community Bancorp Inc), Trust Agreement (Dime Community Bancshares Inc)

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Merger of Trustee. Any corporation into which the any Trustee is hereunder may be merged or with which it is may be consolidated, or any corporation resulting from a merger, reorganization, any merger or consolidation, consolidation to which the any Trustee is hereunder shall be a party, or any corporation to which all or substantially all the trust business of the Trustee is transferred shall become be the successor trustee under this Agreement the Indenture, without the execution or filing of any further instrument paper or the performance of any further actact on the part of the parties hereto, anything herein to the contrary notwithstanding.

Appears in 2 contracts

Samples: Trust Indenture (Werner Holding Co Inc /Pa/), Spurlock Industries Inc

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Merger of Trustee. Any corporation into which the any Trustee is ------------ ----------------- hereunder may be merged or with which it is may be consolidated, or to which all or substantially all of its corporate trust assets may be transferred, or any corporation resulting from a merger, reorganization, any merger or consolidation, consolidation to which the any Trustee is hereunder shall be a party, or any corporation to which all or substantially all the trust business of the Trustee is transferred shall become be the successor trustee under this Agreement Indenture, without the execution or filing of any further instrument paper or the performance of any further actact on the part of the parties hereto, anything herein to the contrary notwithstanding.

Appears in 1 contract

Samples: Trust Indenture (Vail Resorts Inc)

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