Common use of Purchase or Consolidation or Change of Name of Warrant Agent Clause in Contracts

Purchase or Consolidation or Change of Name of Warrant Agent. Any Person into which the Warrant Agent or any successor warrant agent may be merged or with which it may be consolidated, or any Person resulting from any merger or consolidation to which the Warrant Agent or any successor warrant agent shall be party, or any corporation succeeding to the business of the Warrant Agent or any successor warrant agent, shall be the successor to the Warrant Agent under this Agreement without the execution or filing of any paper or any further act on the part of any of the parties hereto, provided that such entity would be eligible for appointment as a successor warrant agent under the provisions of Section 16.