Successor Indenture Trustee. (a) If the Indenture Trustee resigns or is removed pursuant to the terms of the Indenture or if a vacancy exists in the office of the Indenture Trustee for any reason, the Servicer (or, if Conn Appliances is not the Servicer, the Issuer), with the consent of the Administrative Agent, shall promptly appoint a successor Indenture Trustee meeting the requirements of Section 6.11 of the Indenture, by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Indenture Trustee and one copy to the successor Indenture Trustee.
Appears in 3 contracts
Samples: Servicing Agreement (Conns Inc), Note Purchase Agreement (Conns Inc), Note Purchase Agreement (Conns Inc)
Successor Indenture Trustee. (a) If the Indenture Trustee resigns or is removed pursuant to the terms of the Base Indenture or if a vacancy exists in the office of the Indenture Trustee for any reason, the Servicer (or, if Conn Appliances is not the Servicer, the Issuer), with the consent of the Administrative Agent, shall promptly appoint a successor Indenture Trustee meeting the requirements of Section 6.11 11.9 of the Base Indenture, by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Indenture Trustee trustee and one copy to the successor Indenture Trusteetrustee.
Appears in 2 contracts
Samples: Indenture (A I Receivables Transfer Corp), Sale and Servicing Agreement (A I Receivables Transfer Corp)