Common use of Successor Indenture Trustee by Mxxxxx Clause in Contracts

Successor Indenture Trustee by Mxxxxx. If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders and each Rating Agency with prior written notice of any such transaction.

Appears in 4 contracts

Samples: Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC), Diversified Energy Co PLC

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Successor Indenture Trustee by Mxxxxx. (a) If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders the Servicer (and each the Servicer shall provide to the Rating Agency with Agencies) prior written notice of any such transaction.

Appears in 3 contracts

Samples: Indenture, Dated (Mercedes-Benz Auto Lease Trust 2012-A), Indenture, Dated (Mercedes-Benz Auto Lease Trust 2012-A), $_____________________ (Daimler Trust)

Successor Indenture Trustee by Mxxxxx. If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders OCM, Noteholders and each Rating Agency with prior written notice of any such transaction.

Appears in 2 contracts

Samples: Indenture (Diversified Energy Co PLC), Indenture (Diversified Energy Co PLC)

Successor Indenture Trustee by Mxxxxx. (a) If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association association, without any further act act, shall be the successor Indenture Trustee; provided, that such corporation or banking association shall must be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversifiedthe Depositor, Holders the Servicer and each the Rating Agency with Agencies prior written notice of any such transaction.

Appears in 2 contracts

Samples: Indenture (Mercedes-Benz Auto Receivables Trust 2016-1), Indenture (Mercedes-Benz Auto Receivables Trust 2016-1)

Successor Indenture Trustee by Mxxxxx. (a) If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, however, that such corporation or banking association shall must be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversifiedthe Rating Agencies, Holders the Administrator and each Rating Agency the Depositor with prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (CarMax Auto Owner Trust 2015-2)

Successor Indenture Trustee by Mxxxxx. If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders the Noteholders and each Rating Agency with prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Diversified Energy Co PLC)

Successor Indenture Trustee by Mxxxxx. (a) If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under Section 6.116.11 hereof. The Indenture Trustee shall provide Diversified, Holders the Insurer and each Rating Agency with prior written prompt notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Bay View Deposit CORP)

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Successor Indenture Trustee by Mxxxxx. If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, that such corporation or banking association shall be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders and each Rating Agency with prior written notice of any such transaction.

Appears in 1 contract

Samples: First NLC Trust 2005-3 Mortgate-Backed Notes, Series 2005-3

Successor Indenture Trustee by Mxxxxx. (a) If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association without any further act shall be the successor Indenture Trustee; provided, however, that such corporation or banking association shall must be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders and each the Rating Agency Agencies with prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Carmax Auto Owner Trust 2005-1)

Successor Indenture Trustee by Mxxxxx. (a) If the Indenture Trustee consolidates with, merges or converts into, or transfers all or substantially all its corporate trust business or assets to, another corporation or banking association, the resulting, surviving or transferee corporation or banking association association, without any further act act, shall be the successor Indenture Trustee; provided, that such corporation or banking association shall must be otherwise qualified and eligible under Section 6.11. The Indenture Trustee shall provide Diversified, Holders the Depositor and each Rating Agency with the Servicer prior written notice of any such transaction.

Appears in 1 contract

Samples: Indenture (Daimler Retail Receivables LLC)

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