Common use of Successor Escrow Agent Clause in Contracts

Successor Escrow Agent. If the Escrow Agent consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or banking association, the resulting surviving or transferee corporation without any further act shall be the successor Escrow Agent, provided that such corporation be eligible under this Agreement.

Successor Escrow Agent. If the Escrow Agent consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or national banking association, the resulting resulting, surviving or transferee corporation or national banking association, without any further act act, shall be the successor Escrow AgentAgent with the same effect as if it had been named as Escrow Agent herein, provided that such corporation be eligible under this Agreementunless Mason-Dixon and Rose Shanis provide otherwise.

Successor Escrow Agent. If the Escrow Agent consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or national banking association, the resulting resulting, surviving or transferee corporation or national banking association, without any further act act, shall be the successor Escrow AgentAgent with the same effect as if it had been named as the Escrow Agent herein, provided that such corporation be eligible under this Agreementunless Mason-Dixon and the Owners provide otherwise.

Successor Escrow Agent. If Notwithstanding any other provision contained herein, if the Escrow Agent consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or banking associationcorporation, the resulting surviving or transferee successor corporation without any further act shall be the successor Escrow Agent, provided that such corporation be eligible under this AgreementAgent hereunder.

Successor Escrow Agent. If the Escrow Agent consolidates with, merges or converts into, or transfers all or substantially all of its corporate trust business or assets to, another corporation or national banking association, the resulting resulting, surviving or transferee corporation or national banking association, without any further act act, shall be the successor Escrow AgentAgent with the same effect as if it had been named as the Escrow Agent herein, provided that such corporation be eligible under this Agreementunless Xxxxx-Xxxxx and the Owners provide otherwise.