Successor of Transferee. (a) Upon any consolidation or merger of the Issuer in accordance with Section 3.10(a), the Person formed by or surviving such consolidation or merger (if other than the Issuer) shall succeed to, and be substituted for, and may exercise every right and power of, the Issuer under this Indenture with the same effect as if such Person had been named as the Issuer herein.
Appears in 7 contracts
Samples: Indenture (Mmca Auto Receivables Inc), Indenture (Mmca Auto Receivables Trust), Mmca Auto Receivables Trust
