Common use of Merger or Consolidation of the Trustee Clause in Contracts

Merger or Consolidation of the Trustee. Any corporation or other Person which may be merged, converted or consolidated with Chase Manhattan Bank Delaware or any corporation resulting from any merger, conversion or consolidation to which Chase Manhattan Bank Delaware shall be a party, or any corporation or other Person succeeding to all or substantially all of the corporate trust business of Chase Manhattan Bank Delaware, shall be deemed the successor of such Trustee hereunder; provided, however, that such corporation shall be eligible in accordance with the provisions of Section 5.11, and without the execution or filing of any instrument or any further act on the part of any of the parties hereto; provided, that such corporation shall file an amendment to the Certificate of Trust with the Secretary of State as provided in Section 5.8(e).

Appears in 9 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2000-2), Trust Agreement (Mmca Auto Owner Trust 2001-1), Trust Agreement (Mmca Auto Receivables Trust)

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Merger or Consolidation of the Trustee. Any corporation or other Person which may be merged, converted or consolidated with Chase Manhattan Bank Delaware USA, National Association or any corporation resulting from any merger, conversion or consolidation to which Chase Manhattan Bank Delaware USA, National Association shall be a party, or any corporation or other Person succeeding to all or substantially all of the corporate trust business of Chase Manhattan Bank DelawareUSA, National Association, shall be deemed the successor of such Trustee hereunder; provided, however, that such corporation shall be eligible in accordance with the provisions of Section 5.11, and without the execution or filing of any instrument or any further act on the part of any of the parties hereto; provided, that such corporation shall file an amendment to the Certificate of Trust with the Secretary of State as provided in Section 5.8(e).

Appears in 2 contracts

Samples: Trust Agreement (Mmca Auto Owner Trust 2002-4), Trust Agreement (Mmca Auto Owner Trust 2002-5)

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Merger or Consolidation of the Trustee. Any corporation or other Person which may be merged, converted or consolidated with Chase Manhattan Bank Delaware USA, N.A. or any corporation resulting from any merger, conversion or consolidation to which Chase Manhattan Bank Delaware USA, N.A. shall be a party, or any corporation or other Person succeeding to all or substantially all of the corporate trust business of Chase Manhattan Bank DelawareUSA, N.A., shall be deemed the successor of such Trustee hereunder; provided, however, that such corporation shall be eligible in accordance with the provisions of Section 5.11, and without the execution or filing of any instrument or any further act on the part of any of the parties hereto; provided, that such corporation shall file an amendment to the Certificate of Trust with the Secretary of State as provided in Section 5.8(e).

Appears in 1 contract

Samples: Trust Agreement (Mmca Auto Receivables Trust)

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