Successor or Transferee. (a) Upon any consolidation or merger of the Trust in accordance with Section 6.14, 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 Trust under this Indenture with the same effect as if such Person had been named as the Trust herein.
Appears in 7 contracts
Samples: Indenture (Prudential Securities Secured Financing Corp), First Sierra Equipment Contract (First Sierra Receivables Iii Inc), Indenture (Prudential Securities Secured Financing Corp)
Successor or Transferee. (a) Upon any consolidation or merger of the Trust in accordance with Section 6.145.5(d), the Person formed by or surviving such consolidation or merger (if other than the IssuerTrust) shall succeed to, and be substituted for, and may exercise every right and power of and have every obligation of, the Trust under this Indenture Agreement with the same effect as if such Person had been named as the Trust hereinoriginal Trust.
Appears in 6 contracts
Samples: Transfer and Servicing Agreement (Verizon Master Trust), Master Collateral Agency and Intercreditor Agreement (Verizon Master Trust), Transfer and Servicing Agreement (Verizon Master Trust)
Successor or Transferee. (a) Upon any consolidation or merger of the Trust in accordance with Section 6.143.10(a), the Person formed by or surviving such consolidation or merger (if other than the IssuerTrust) shall succeed to, and be substituted for, and may exercise every right and power of, the Trust under this Indenture with the same effect as if such Person had been named as the Trust issuer herein.
Appears in 1 contract
Successor or Transferee. (a) Upon any consolidation or merger of the Trust in accordance with Section 6.143.10(a), the Person formed by or surviving such consolidation or merger (if other than the IssuerTrust) shall succeed to, and be substituted for, and may exercise every right and power of, the Trust under this Indenture with the same effect as if such Person had been named as the Trust issuer herein.
Appears in 1 contract
Samples: Bond Securitization LLC
