Common use of Appointment, Removal and Resignation of the Guarantee Trustee Clause in Contracts

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with or without cause at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Securities delivered to the Guarantee Trustee and the Guarantor (x) for cause or (y) if a Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c4.2(b), the Guarantee Trustee may be appointed or removed (i) at any time (i) by the Guarantor with or without cause at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Preferred Securities delivered to the Guarantee Trustee and (ii) by the Guarantor (xA) for cause or (yB) if a Debenture Event of Default (as defined in the Trust AgreementDeclaration of Trust) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with or without cause at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Trust Preferred Securities delivered to the Guarantee Trustee and the Guarantor (xi) for cause or (yii) if a Debenture Note Event of Default (as defined in the Trust AgreementDeclaration of Trust) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), unless a Debenture Event of Default shall have occurred and is continuing, the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with or without cause at any time when an Guarantor, and, if a Debenture Event of Default has not shall have occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Preferred Securities delivered to may appoint or remove the Guarantee Trustee and the Guarantor (x) for cause or (y) if a Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with or without cause at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Accreted Liquidation Amount of the Capital Securities STACKS delivered to the Guarantee Trustee and the Guarantor (xi) for cause or (yii) if a Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with or without cause at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Preferred Securities delivered to the Guarantee Trustee and the Guarantor (xi) for cause or (yii) if a Debenture Event of Default (as defined in the Trust AgreementDeclaration of Trust) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with or without cause at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Preferred Securities delivered to the Guarantee Trustee and the Guarantor (xi) for cause or (yii) if a Junior Subordinated Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing at any time.

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.2(c), unless a Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing, the Guarantee Trustee may be appointed or removed at any time (i) by the Guarantor with Guarantor. If a Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing, the Guarantee Trustee may be appointed or without cause removed at any time when an Event of Default has not occurred and is continuing, or (ii) by the action of the Holders of a Majority in Liquidation Amount of the Capital Securities delivered to the Guarantee Trustee and the Guarantor (x) for cause or (y) if a Debenture Event of Default (as defined in the Trust Agreement) shall have occurred and be continuing at any timeTrustee.