Common use of Successor Owner Trustee Clause in Contracts

Successor Owner Trustee. 28 Section 9.04.Merger or Consolidation of Owner Trustee..............................28 Section 9.05.Appointment of Co-Trustee or Separate Trustee.........................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee....................................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee CoTrustee or Separate Trustee...........................................................28 ARTICLE X Miscellaneous............................................................Section 10.01. Amendments...................................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No 10.02. No Legal Title to Owner Trust Estate................................................................................31 Section 10.03.Limitations 10.03. Limitations on Rights of Others....................................................................................31 Section 10.04.Notices..............................................................31 10.04. Notices......................................................................32 Section 10.05.Severability.........................................................10.05. Severability.................................................................32

Successor Owner Trustee. 28 27- Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .........................................-27- Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ARTICLE X Miscellaneous............................................................30 ....................................-27- Section 10.01.Amendments...........................................................30 10.01. Amendments......................................................................-29- Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ..................................................-30- Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 .................................................-30- Section 10.04.Notices..............................................................31 10.04. Notices.........................................................................-31- Section 10.05.Severability.........................................................3210.05. Severability....................................................................-31-

Successor Owner Trustee. 28 27 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee.......................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.............................................28 ARTICLE X Miscellaneous............................................................30 29 Section 10.01.Amendments...........................................................30 10.01. Amendments.......................................................29 Section 10.02.No 10.02. No Legal Title to Trust Estate..........................................................................31 Section 10.03.Limitations 10.03. Limitations on Rights of Others........................................................................31 Section 10.04.Notices..............................................................10.04. Notices..........................................................31 Section 10.05.Severability.........................................................10.05. Severability.....................................................32

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee...........................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust EstateEstatx.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 Section 9.04.Merger 10.04 Merger or Consolidation of Owner Trustee..............................28 ......................................... 29 Section 9.05.Appointment 10.05 Appointment of Co-Trustee or Separate Trustee.........................28 .................................... 29 Section 10.06 Appointment of Trust Agent....................................................... 29 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32XI MISCELLANEOUS........................................................................... 31

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee...........................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust EstateEstxxx.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 32 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 27 -ii- TABLE OF CONTENTS PAGE ---- Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee.......................................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.............................................................28 ARTICLE X Miscellaneous.........................................................................................................................................30 Section 10.01.Amendments...........................................................10.01. Amendments.......................................................................30 Section 10.02.No 10.02. No Legal Title to Owner Trust Estate....................................................................................31 Section 10.03.Limitations 10.03. Limitations on Rights of Others........................................................................................31 Section 10.04.Notices..............................................................31 10.04. Notices..........................................................................32 Section 10.05.Severability.........................................................10.05. Severability.....................................................................32

Successor Owner Trustee. 28 29 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .............................29 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ........................29 ARTICLE X Miscellaneous............................................................30 31 Section 10.01.Amendments...........................................................30 31 Section 10.02.No 00.00.Xx Legal Title to Trust Estate.......................................31 32 Section 10.03.Limitations on Rights of Others......................................31 32 Section 10.04.Notices..............................................................31 32 Section 10.05.Severability.........................................................3233

Successor Owner Trustee. 28 29 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .......................29 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ..................29 ARTICLE X Miscellaneous............................................................30 .....................................................31 Section 10.01.Amendments...........................................................30 .....................................................31 Section 10.02.No Legal Title to Trust Estate.......................................31 Section .................................00 Xection 10.03.Limitations on Rights of Others......................................31 ................................32 Section 10.04.Notices..............................................................31 ........................................................33 Section 10.05.Severability.........................................................32...................................................33

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee...........................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust EstateEstaxx.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 32 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 27 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .........................27 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.............................................28 ARTICLE X Miscellaneous............................................................30 29 Section 10.01.Amendments...........................................................30 10.01. Amendments.......................................................29 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ...................................30 Section 10.03.Limitations 10.03. Limitations on Rights of Others........................................................................31 Section 10.04.Notices..............................................................10.04. Notices..........................................................31 Section 10.05.Severability.........................................................3210.05. Severability.....................................................31

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..................................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee........................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................10.01. Amendments.................................................................30 Section 10.02.No 10.02. No Legal Title to Trust Estate....................................................................................31 Section 10.03.Limitations 10.03. Limitations on Rights of Others..................................................................................31 Section 10.04.Notices..............................................................10.04. Notices....................................................................31 Section 10.05.Severability.........................................................10.05. Severability...............................................................32

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee...........................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust EstateEstatx.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 32 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee...........................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust EstateEstxxx.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 29 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .............................29 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ........................29 ARTICLE X Miscellaneous............................................................30 31 Section 10.01.Amendments...........................................................30 31 Section 10.02.No Legal Title to Trust Estate.......................................31 32 Section 10.03.Limitations on Rights of Others......................................31 32 Section 10.04.Notices..............................................................31 32 Section 10.05.Severability.........................................................3233

Successor Owner Trustee. 28 30 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 ..........................30 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 .....................30 ARTICLE X Miscellaneous............................................................30 32 Section 10.01.Amendments...........................................................30 10.01. Amendments........................................................32 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ....................................33 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 ...................................33 Section 10.04.Notices..............................................................31 10.04. Notices...........................................................33 Section 10.05.Severability.........................................................3210.05. Severability......................................................34

Successor Owner Trustee. 28 29 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .........................30 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ....................30 ARTICLE X Miscellaneous............................................................30 32 Section 10.01.Amendments...........................................................30 10.01. Amendments.......................................................32 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ...................................33 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 ..................................33 Section 10.04.Notices..............................................................31 10.04. Notices..........................................................33 Section 10.05.Severability.........................................................3210.05. Severability.....................................................34

Successor Owner Trustee. 28 Section 9.04.Merger 10.04 Merger or Consolidation of Owner Trustee..............................28 ................................29 Section 9.05.Appointment 10.05 Appointment of Co-Trustee or Separate Trustee.........................28 ...........................29 Section 10.06 Appointment of Trust Agent..............................................29 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32XI MISCELLANEOUS....................................................................30

Successor Owner Trustee. 28 27 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 ................27 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ...........27 ARTICLE X Miscellaneous............................................................30 ...................................................29 Section 10.01.Amendments...........................................................30 10.01. Amendments..............................................29 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ..........................30 Section 10.03.Limitations 10.03. Limitations on Rights of Others...............................................................30 Section 10.04. Notices.................................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................3210.05. Severability............................................31

Successor Owner Trustee. 28 30 Section 9.04.Merger 10.04 Merger or Consolidation of Owner Trustee..............................28 ................................................. 32 Section 9.05.Appointment 10.05 Appointment of Co-Trustee or Separate Trustee.........................28 ............................................ 32 Section 10.06 Appointment of Trust Agent............................................................... 32 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32XI MISCELLANEOUS......................................................................................... 33

Successor Owner Trustee. 28 26 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .........................27 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ....................27 ARTICLE X Miscellaneous............................................................30 28 Section 10.01.Amendments...........................................................30 10.01. Amendments.......................................................28 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ...................................30 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 ..................................30 Section 10.04.Notices..............................................................31 10.04. Notices..........................................................30 Section 10.05.Severability.........................................................3210.05. Severability.....................................................30

Successor Owner Trustee. 28 29 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 ....................29 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ...............29 ARTICLE X Miscellaneous............................................................30 ...............................................31 Section 10.01.Amendments...........................................................30 10.01. Amendments..................................................31 Section 10.02.No 10.02. No Legal Title to Owner Trust Estate.......................................31 ........................32 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 .............................32 Section 10.04.Notices..............................................................31 10.04. Notices.....................................................33 Section 10.05.Severability.........................................................3210.05. Severability................................................33

Successor Owner Trustee. 28 29 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .....29 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ......................................29 ARTICLE X Miscellaneous............................................................30 .......................................31 Section 10.01.Amendments...........................................................30 ...................................31 Section 10.02.No 00.00.Xx Legal Title to Trust Estate.......................................31 ...............32 Section 10.03.Limitations on Rights of Others......................................31 ..............32 Section 10.04.Notices..............................................................31 ......................................32 Section 10.05.Severability.........................................................32.................................33

Successor Owner Trustee. 28 Section 9.04.Merger 10.04 Merger or Consolidation of Owner Trustee....................................................................... 28 Section 9.05.Appointment 10.05 Appointment of Co-Trustee or Separate Trustee.........................28 .................................... 29 Section 10.06 Appointment of Trust Agent....................................................... 29 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32XI MISCELLANEOUS................................................................................. 30

Successor Owner Trustee. 28 Section 9.04.Merger 10.04 Merger or Consolidation of Owner Trustee..............................28 ............................................ 29 Section 9.05.Appointment 10.05 Appointment of Co-Trustee or Separate Trustee.........................28 ....................................... 29 Section 10.06 Appointment of Trust Agent.......................................................... 29 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32XI MISCELLANEOUS.................................................................................... 31

Successor Owner Trustee. 28 31 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 ...........................31 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ......................31 ARTICLE X Miscellaneous............................................................30 33 Section 10.01.Amendments...........................................................30 10.01. Amendments.........................................................33 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 .....................................34 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 ....................................34 Section 10.04.Notices..............................................................31 10.04. Notices............................................................34 Section 10.05.Severability.........................................................3210.05. Severability.......................................................35

Successor Owner Trustee. 28 Section 9.04.Merger or Consolidation of Owner Trustee....................................28 Section 9.05.Appointment of Co-Trustee or Separate Trustee................................................................28 ARTICLE X Miscellaneous...................................................................................................30 Section 10.01.Amendments..............................................................................................30 Section 10.02.No 00.00.Xx Legal Title to Trust Estate......................................................31 Section 10.03.Limitations on Rights of Others..............31 Section 10.04.Notices......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability..........................................................................................32

Successor Owner Trustee. 28 Section 9.04.Merger or Consolidation of Owner Trustee..............................Trustee ..................................28 Section 9.05.Appointment of Co-Trustee or Separate Trustee.........................Trustee .............................28 ARTICLE X Miscellaneous.............................................................................................................................30 Section 10.01.Amendments...........................................................10.01.Amendments ...............................................................30 Section 10.02.No Legal Title to Trust Estate.......................................Estate ...........................................31 Section 10.03.Limitations on Rights of Others......................................Others ..........................................31 Section 10.04.Notices..............................................................10.04.Notices ..................................................................31 Section 10.05.Severability.........................................................10.05.Severability .............................................................32

Successor Owner Trustee. 28 Section 9.04.Merger or Consolidation of Owner Trustee..............................28 Section 9.05.Appointment of Co-Trustee or Separate Trustee.........................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No 00.00.Xx Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32

Successor Owner Trustee. 28 26 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .........................27 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ....................27 ARTICLE X Miscellaneous............................................................30 28 Section 10.01.Amendments...........................................................30 10.01. Amendments.......................................................28 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ...................................30 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 ..................................30 Section 10.04.Notices..............................................................31 10.04. Notices..........................................................30 Section 10.05.Severability.........................................................3210.05. Severability.....................................................31

Successor Owner Trustee. 28 36 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee..............................28 .................................36 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.........................28 ............................36 ARTICLE X Miscellaneous............................................................30 38 Section 10.01.Amendments...........................................................30 10.01. Amendments...............................................................38 Section 10.02.No 10.02. No Legal Title to Trust Estate.......................................31 ...........................................39 Section 10.03.Limitations 10.03. Limitations on Rights of Others......................................31 ..........................................39 Section 10.04.Notices..............................................................31 10.04. Notices..................................................................40 Section 10.05.Severability.........................................................3210.05. Severability.............................................................40

Successor Owner Trustee. 28 27 -ii- TABLE OF CONTENTS PAGE ---- Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee.......................................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.............................................................28 ARTICLE X Miscellaneous.......................................................................................................................................30 Section 10.01.Amendments...........................................................10.01. Amendments.......................................................................30 Section 10.02.No 10.02. No Legal Title to Owner Trust Estate....................................................................................31 Section 10.03.Limitations 10.03. Limitations on Rights of Others........................................................................................31 Section 10.04.Notices..............................................................31 10.04. Notices..........................................................................32 Section 10.05.Severability.........................................................10.05. Severability.....................................................................32

Successor Owner Trustee. 28 Section 9.04.Merger 9.04. Merger or Consolidation of Owner Trustee...........................................................28 Section 9.05.Appointment 9.05. Appointment of Co-Trustee or Separate Trustee.................................................28 ARTICLE X Miscellaneous............................................................30 Section 10.01.Amendments...........................................................30 Section 10.02.No 10.00.Xx Legal Title to Trust Estate.......................................31 Section 10.03.Limitations on Rights of Others......................................31 Section 10.04.Notices..............................................................31 Section 10.05.Severability.........................................................32