Additional Trustee Sample Clauses
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Additional Trustee. The voting Trustee for the time being shall have the power and authority by a consent in writing filed with Scottsdale Scientific, Inc. and a copy of which shall be mailed to the Beneficiary at his address as the same shall appear upon the books of the Trustee, to add from time to time one or more Trustees to the number of Trustees under this Agreement, provided, however, that no person shall be so added as a Trustee unless he or she shall at the time of his or her designation as a Trustee be the holder of not less than one thousand (1,000) shares of the common stock of Scottsdale Scientific, Inc. at the time of his or her acceptance of the designation as a Trustee and as a condition to his or her becoming such a Trustee, shall be transferred by him or her to the Trustee under the terms and provisions of this Agreement, and provided further that such person so designated shall continue to be a Stockholder of record with respect to at least one thousand (1,000) shares of the common stock of Scottsdale Scientific, Inc. Any Trustee so appointed and added shall immediately become vested with all the rights, property, powers and authority vested in Trustee pursuant to this agreement.
Additional Trustee. 2 Affiliate.................................................................2
Additional Trustee. This JOINDER AGREEMENT ADDITIONAL TRUSTEE made by Wilmington Trust, National Association, in its capacity as trustee under the Additional Indenture (as defined below) (the “Additional Trustee”) is dated as of November 20, 2023 (this “Trustee Joinder”), and joins the Additional Trustee as a Trustee under the Subordination Agreement, dated as of January 21, 2022 (as amended, amended and restated, supplemented and otherwise modified from time to time, the “Subordination Agreement”), among CITIBANK, N.A., in its capacity as administrative agent under the Credit Agreement (in such capacity, together with its successors and assigns in such capacity, the “Agent”), ▇▇▇▇▇▇ INDUSTRIES LTD., a Bermuda exempted company (“Holdings”), ▇▇▇▇▇▇ INDUSTRIES, INC., a Delaware corporation (the “Borrower”), the Specified Subsidiary Guarantors party thereto and Wilmington Trust, National Association, in its capacity as trustee under the Initial Indenture (as the initial trustee, the “Initial Trustee” and together with the Additional Trustee, each a “Trustee”), for the benefit of the holders of the obligations under the Initial Indenture.
Additional Trustee. While the Settlor is living, the Settlor may by acknowledged instrument at any time or from time to time appoint one or more additional individual Co-Trustees of the trust created under Article II. After the death of the Settlor, the Trustee (acting by majority) may by acknowledged instrument at any time or from time to time appoint one or more additional individual Co-Trustees of any trust created under this Trust Agreement.
Additional Trustee