Appointment, Removal and Resignation of Trust Preferred Guarantee Trustee. (a) Subject to Section 4.2(b), the Trust Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event of Default.
Appears in 12 contracts
Samples: Trust Preferred Securities Guarantee Agreement (Uds Funding Ii Lp), Trust Preferred Securities Guarantee Agreement (Ultramar Diamond Shamrock Corp), Trust Preferred Securities Guarantee Agreement (Capita Preferred Trust)
Appointment, Removal and Resignation of Trust Preferred Guarantee Trustee. (a) Subject to Section 4.2(b3.02(c), the Trust Preferred Guarantee Trustee may be appointed or removed without cause at any time time, except when an Event of Default has occurred and is continuing, by the Guarantor except during by an Event of Defaultinstrument in writing executed by the Guarantor and delivered to the Trust Preferred Guarantee Trustee.
Appears in 8 contracts
Samples: Deutsche Bank Contingent Capital LLC V, Deutsche Bank Aktiengesellschaft, Deutsche Bank Contingent Capital LLC III
Appointment, Removal and Resignation of Trust Preferred Guarantee Trustee. (a) Subject to Section 4.2(b), the Trust Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an a Guarantee Event of Default. Upon the occurrence and during the continuance of a Guarantee Event of Default, only the Holders of a Majority in Liquidation Amount of the Trust Preferred Securities may appoint or remove the Trust Preferred Guarantee Trustee.
Appears in 5 contracts
Samples: Securities Guarantee Agreement (Amcv Capital Trust I), Securities Guarantee Agreement (American Classic Voyages Co), El Paso Energy Capital Trust I
Appointment, Removal and Resignation of Trust Preferred Guarantee Trustee. (a) Subject to Section 4.2(b), the Trust Preferred Guarantee Trustee may be appointed or removed without cause at any time by the New Guarantor except during an Event of Default.
Appears in 3 contracts
Samples: Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII), Trust Preferred Securities Guarantee Agreement (BAC Capital Trust XVII)
