APPOINTMENT OF NEW TRUSTEE Sample Clauses

APPOINTMENT OF NEW TRUSTEE. Where a Holder of the Rights establishes to the satisfaction of Tasmanian Irrigation that it holds the Rights as trustee, that Xxxxxx of the Rights may transfer the Rights to any new trustee of the same trust.
AutoNDA by SimpleDocs
APPOINTMENT OF NEW TRUSTEE. If the Trustee so resigns or is so removed or is dissolved, becomes bankrupt, goes into liquidation or otherwise becomes incapable of acting hereunder, the Company will forthwith appoint a new Trustee, unless a new Trustee has already been appointed by the Special Warrantholders.
APPOINTMENT OF NEW TRUSTEE. Lendermarket may appoint any person(s) as trustee provided such new incoming trustee accedes to the terms of this Trust Declaration.
APPOINTMENT OF NEW TRUSTEE. Where the Customer establishes to the satisfaction of the Water Entity that it holds this Irrigation Right as trustee, the Customer may transfer this Irrigation Right to any new trustee of the same trust.
APPOINTMENT OF NEW TRUSTEE. 4.1 The Company shall appoint a new trustee as soon as reasonably practicable and in any event not less than 60 days after the Trustee gives notice of its intention to resign pursuant to Sub‐clause 3.1 or the Commission gives notice of revocation of the Trustee’s appointment or notice of its removal pursuant to Sub‐clause 3.2 failing which the Commission may appoint a new trustee.
APPOINTMENT OF NEW TRUSTEE. 12.1 The power of appointing a new trustee or new trustees shall be vested in the Settlor during the lifetime of the Settlor.
APPOINTMENT OF NEW TRUSTEE. The statutory power of appointing a new Trustee shall be vested in the Bank. Only a professional corporate trustee, a commercial bank, a licensed financial institution or a Bank or other entity providing corporate secretarial services and owned and operated by a firm of international accountants, may be appointed as trustee of this Trust Deed,
AutoNDA by SimpleDocs
APPOINTMENT OF NEW TRUSTEE. Where a holder of a Water Entitlement or a Security Interest establishes to the satisfaction of the Water Entity that:
APPOINTMENT OF NEW TRUSTEE. 24.01 The statutory power to appoint new trustees of this Trust Deed shall be vested in the Company, but no trustee shall be appointed who shall not previously have been approved by an Extraordinary Resolution. A trust corporation may be appointed as sole trustee of this Trust Deed. If there shall be more than one trustee of this Trust Deed one trustee must be a trust corporation. Whenever there shall be more than two trustees of this Trust Deed a majority of such trustees (including in such majority a trust corporation) may exercise all the functions, powers and duties by this Trust Deed vested in the Trustee generally.
APPOINTMENT OF NEW TRUSTEE. 22. As soon as practicable
Time is Money Join Law Insider Premium to draft better contracts faster.