Common use of Appointment of a Successor Trustee Clause in Contracts

Appointment of a Successor Trustee. If the Trustee gives notice of his intent to resign pursuant to Section 8.7.1 hereof or is removed pursuant to Section 8.7.2 hereof or dies or becomes incapable of acting, the Trust Advisory Committee shall select a successor Trustee to act under this Agreement and such successor shall be approved by the Bankruptcy Court.