Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.03(b), unless an Event of Default shall have occurred and be continuing, the Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.
Appears in 2 contracts
Samples: Guarantee Agreement (Montana Power Capital I), Guarantee Agreement (Montana Power Co /Mt/)
Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.03(bSECTION 4.2(B), unless an Event of Default shall have occurred and be continuing, the Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor, except during an Event of Default.
Appears in 2 contracts
Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 4.03(bSECTION 4.2(b), unless an Event of Default shall have occurred and be continuing, the Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor, except during an Event of Default.
Appears in 1 contract
Samples: Agreement (San Joaquin Bancorp)