Successor Parties. The Trust will not remove or replace, or cause to be removed or replaced, the Master Servicer, the Indenture Trustee, the Owner Trustee or the Administrator.
Successor Parties. The Trust will not remove or replace, or cause to be removed or replaced, the Servicer, the Indenture Trustee, the Owner Trustee or the Administrator.
Successor Parties. The provisions of this Agreement shall be binding upon and inured to the benefit of the heirs, personal representatives, successors, and assigns of the Parties.
Successor Parties. (A) If a Trustee or Custodian hereunder is a bank or trust company, any corporation resulting from any merger, consolidation or conversion to which such bank or trust company may be a party, or any corporation otherwise succeeding generally to all or substantially all of the assets or business of such bank or trust company, shall be the successor to it as Trustee or Custodian hereunder, as the case may be without the execution of any instrument or any further action on the part of any party hereto.
Successor Parties. If any provision in this Agreement refers to a specific Person, said reference shall be deemed to have been modified and replaced, without further action of the parties, with the name of any Person who, by means of either (A) a Permitted Transfer or (B) a Transfer or other action permitted or not prohibited hereby, succeeds to the interests of such specifically named Person.
Successor Parties. This Agreement shall be binding upon the successors and assigns of the parties hereto, and no provisions, terms or obli- gations herein contained shall be affected, modified, altered, or changed to the detriment of the other party in any respect what- soever by the consolidation, merger, sale, transfer, lease or assignment of either party hereto, or affected, modified, altered, or changed in any respect whatsoever by any change of any kind of the ownership or management of either party hereto or of any separable, independent segment of either party hereto.
Successor Parties. At any time, the Lending Institution may substitute any affiliate, subsidiary, or successor in interest after a merger or consolidation as the Lending Institution for this Lender Agreement and all other documents related to the Loan. Similarly, any statutory successor or successor agency named in an executive order of the governor may be substituted for EGLE in this Lender Agreement and all other documents related to the Loan. Each party shall notify the other of a substitution under this section. NAME OF LENDING INSTITUTION and FEDERAL TAX ID NUMBER CONTACT PERSON (the Lending Institution's representative for communications with EGLE) MAILING ADDRESS (number and street; include post office box if applicable) CITY ( ) STATE ( ) ZIP CODE TELEPHONE NUMBER (include area code) FAX NUMBER (include area code) LENDING INSTITUTION BY: DATE: NAME: TITLE: MICHIGAN DEPARTMENT OF ENVIRONMENT, GREAT LAKES, AND ENERGY BY: DATE: NAME: TITLE: Schedule A - Loan Amortization (Example of Information Requirements) Business Name: Bank Name: Owner Name: Loan Officer: Business Address: Bank Address: Disbursement Date: / / Principal Disbursed: $ Interest Rate: (Lender) % Interest Rate: (EGLE) % Payment: $ Frequency: (circle one) Monthly Quarterly First Payment Due Date: / / Amortization based on an interest rate of % Payment # Date Due Beginning Principal Balance Payment Principal Interest Ending Principal Balance 1 / / $ $ $ $ $ 2 / / $ $ $ $ $ 3 / / $ $ $ $ $ 4 / / $ $ $ $ $ 5 etc. / / $ $ $ $ $ Schedule B Pollution Prevention Loan Program Monitoring Form for (Business Name) To: Loan Officer Loan Balance as of: Bank Name March 31, 200 : Street Address September 30, 200 : City State Zip Please complete these forms as of March 31st and September 30th each year and return to: Xxxx Xxxxxx, Program Manager Small Business Pollution Prevention Loan Program Michigan Department of Environment, Great Lakes, and Energy Materials Management Division X.X. Xxx 00000 Xxxxxxx, Xxxxxxxx 00000-0000 The information furnished should be as of for the period covering . Are the loan payments current? (circle one) Yes No If no, how far past due is the loan and what steps have been taken to collect the past due payments? Is the Lender considering any changes in the loan terms or conditions, or any changes in the terms of the guarantee(s) or the security agreement? (circle one) Yes No If yes, please explain the changes. Is the Lender aware of any defaults in any of the agreements covered by the Loan? (c...
Successor Parties. At any time, the Borrower may substitute any affiliate, subsidiary, or successor in interest after a merger or consolidation as the Borrower for this Supplemental Agreement and all other documents related to the Loan. Similarly, any statutory successor or successor agency named in an executive order of the governor may be substituted for EGLE in this Supplemental Agreement and all other documents related to the Loan. Each party shall notify the other of a substitution under this section. BORROWER BY: DATE: TITLE: MICHIGAN DEPARTMENT OF ENVIRONMENT, GREAT LAKES, AND ENERGY BY: DATE: TITLE:
Successor Parties. At any time, the Borrower may substitute any Affiliate or successor in interest after a merger or consolidation or other legal act that transfers fiduciary responsibility of the Borrower through receivership, etc. for this Agreement and all other documents related to the Loan. Similarly, any statutory successor or successor agency named in an Executive Order of the Governor may be substituted for the Licensing and Regulatory Affairs in this Agreement and all other documents related to the Loan. Each party shall notify the other in writing of a substitution under this section.
Successor Parties. Contemporaneously with any succession transaction that occurs prior to the consummation of the Exchange Offer that results in a Person succeeding to obligations of the Company or any Guarantor in compliance with Article X of the Indenture, the Company and the Guarantors shall cause such successor Person to become a party to this Agreement as a Guarantor.
