Common use of Co-Trustees and Separate Trustees Clause in Contracts

Co-Trustees and Separate Trustees. If at any time it shall be necessary or prudent in order to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, or make any claim or bring any suit with respect to the Trust Estate or the Lease, or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by the Owner Participant, the Owner Trustee and the Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and the Owner Participant, either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). Every additional trustee hereunder shall, to the extent permitted by law, be appointed and act, and the Owner Trustee and its successors shall act, subject to the following provisions and conditions:

Co-Trustees and Separate Trustees. If at any time Whenever the Owner Trustee or the Majority Holders shall deem it shall be necessary or prudent in order either (a) to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, shall be situated or to which it may be subject or to make any claim or bring any suit with respect to the Trust Estate or the Leaseany Operative Agreement, or the Owner Trustee being (b) shall be advised by counsel shall determine satisfactory to it that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trusteeprudent, or (c) the Owner Trustee shall have been directed to do so by the Owner ParticipantMajority Holders and the Agent, the Owner Trustee and the Owner Participant Holders shall execute and deliver an agreement supplemental hereto and all other instruments and agreements agreements, and shall take all other action, necessary or proper to constitute another bank or trust company or one (1) or more persons Persons who need not meet the requirements of Section 9.1(c) (any and all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and the Owner Participant, may appoint one (1) or more of its officers) either to act as co-trusteetrustee or co-trustees (the “Co-Owner Trustee”), jointly with the Owner Trustee, of all or to act any part of the Trust Estate, or as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred trustees of all or any part of the Trust Estate, and to as an "additional trustee"). Every additional trustee hereunder shallvest in such Persons, in such capacity, such title to the extent permitted by lawTrust Estate or any part thereof and such rights or duties as may be necessary or desirable, be appointed all for such period and act, under such terms and conditions as are satisfactory to the Owner Trustee and its successors shall act, subject to the following provisions and conditionsHolders. In accordance with the foregoing:

Co-Trustees and Separate Trustees. If at any time Whenever the Trustee or a Majority in Interest of Owner Participants shall deem it shall be necessary or prudent in order either to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, shall be situated or to make any claim or bring any suit with respect to the Trust Estate or the LeaseOperative Documents, or either the Trustee or a Majority in Interest of Owner Trustee being Participants shall be advised by counsel shall determine satisfactory to it that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by the Owner Participantprudent, the Owner Trustee and the a Majority in Interest of Owner Participant Participants shall execute and deliver an agreement supplemental hereto and all other instruments and agreements agreements, and shall take all other action, necessary or proper to constitute another bank or trust company or one or more persons (any and the Trustee may appoint one or more of its officers)(any and all of which shall be a Citizen "citizen of the United States without making use States" as defined in Section 101(16) of a voting trust, voting powers agreement or similar arrangementthe Act) approved by the Owner Trustee and the Owner Participant, either to act as co-trustee, trustee or co-trustees jointly with the Owner TrusteeTrustee of all or any part of the Trust Estate, or to act as separate trustee hereunder (or separate trustees of all or any part of the Trust Estate, and to vest in such persons, in such capacity, such title to the Trust Estate or any part thereof, and such rights or duties as may be necessary or desirable, all for such period and under such terms and conditions as are satisfactory to the Trustee and a Majority in Interest of Owner Participants. In case any co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). Every additional trustee hereunder shall, to the extent permitted by law, be appointed and act, and the Owner Trustee and its successors shall act, subject to the following provisions and conditions:

Co-Trustees and Separate Trustees. If at any time Whenever the Owner Trustee or the Majority Holders shall reasonably deem it shall be necessary or prudent in order either (a) to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, shall be situated or to which it may be subject or to make any claim or bring any suit with respect to the Trust Estate or the Leaseany Operative Agreement, or the Owner Trustee being (b) shall be advised by counsel shall determine satisfactory to it that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trusteeprudent, or (c) the Owner Trustee shall have been directed to do so by the Owner ParticipantMajority Holders and the Agent, the Owner Trustee and the Owner Participant Holders shall execute and deliver an agreement supplemental hereto and all other instruments and agreements agreements, and shall take all other action, necessary or proper to constitute another bank or trust company or one (1) or more persons Persons who need not meet the requirements of Section 9.1(c) (any and all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and the Owner Participant, may appoint one (1) or more of its officers) either to act as co-trusteetrustee or co-trustees (the "Co-Owner Trustee"), jointly with the Owner Trustee, of all or to act any part of the Trust Estate, or as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred trustees of all or any part of the Trust Estate, and to as an "additional trustee"). Every additional trustee hereunder shallvest in such Persons, in such capacity, such title to the extent permitted by lawTrust Estate or any part thereof and such rights or duties as may be necessary or desirable, be appointed all for such period and act, under such terms and conditions as are satisfactory to the Owner Trustee and its successors shall act, subject to the following provisions and conditionsHolders. In accordance with the foregoing:

Co-Trustees and Separate Trustees. If at any time Whenever the Owner Trustee or the Holder shall deem it shall be necessary or prudent in order either (a) to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, shall be situated or to which it may be subject or to make any claim or bring any suit with respect to the Trust Estate or the Leaseany Operative Agreement, or the Owner Trustee being (b) shall be advised by counsel shall determine satisfactory to it that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trusteeprudent, or (c) the Owner Trustee shall have been directed to do so by the Owner ParticipantHolder, the Owner Trustee and the Owner Participant Holder shall execute and deliver an agreement supplemental hereto and all other instruments and agreements agreements, and shall take all other action, necessary or proper to constitute another bank or trust company or one (1) or more persons Persons who need not meet the requirements of Section9.1(c) (any and all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and the Owner Participant, may appoint one (1) or more of its officers) either to act as co-trusteetrustee or co-trustees (the "Co-Owner Trustee"), jointly with the Owner Trustee, of all or to act any part of the Trust Estate, or as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred trustees of all or any part of the Trust Estate, and to as an "additional trustee"). Every additional trustee hereunder shallvest in such Persons, in such capacity, such title to the extent permitted by lawTrust Estate or any part thereof and such rights or duties as may be necessary or desirable, be appointed all for such period and act, under such terms and conditions as are satisfactory to the Owner Trustee and its successors shall act, subject to the following provisions and conditionsHolder. In accordance with the foregoing:

Co-Trustees and Separate Trustees. If at any time it shall be necessary or prudent in order to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, or make any claim or bring any suit with respect to the Trust Estate or the Lease, or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by the Owner Participant, the Owner Trustee and the Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and the Owner Participant, either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). Every additional trustee hereunder shall, to the extent permitted by law, be appointed and act, and the Owner Trustee and its successors shall act, subject to the following provisions and conditions:

Co-Trustees and Separate Trustees. If at any time Whenever (a) the Owner Trustee or the Majority Holders shall deem it shall be necessary or prudent in order to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, shall be situated or to which it may be subject or to make any claim or bring any suit with respect to the Trust Estate or the Leaseany Operative Agreement, or (b) the Owner Trustee being shall be advised by counsel shall determine satisfactory to it that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trusteeprudent, or (c) the Owner Trustee shall have been directed to do so by the Owner ParticipantMajority Holders and the Agent, the Owner Trustee and the Owner Participant Holders shall execute and deliver an agreement supplemental hereto and all other instruments and agreements agreements, and shall take all other action, necessary or proper to constitute another bank or trust company or one or more persons Persons who need not meet the requirements of Section 9.1(c) (any and all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and the Owner Participant, may appoint one or more of its officers) either to act as co-trusteetrustee or co-trustees (the "Co-Owner Trustee"), jointly with the Owner Trustee, of all or to act any part of the Trust Estate, or as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred trustees of all or any part of the Trust Estate, and to as an "additional trustee"). Every additional trustee hereunder shallvest in such Persons, in such capacity, such title to the extent permitted by lawTrust Estate or any part thereof and such rights or duties as may be necessary or desirable, be appointed all for such period and act, under such terms and conditions as are satisfactory to the Owner Trustee and its successors shall act, subject to the following provisions and conditionsHolders. In accordance with the foregoing:

Co-Trustees and Separate Trustees. (a) If at any time it shall be necessary or prudent in order to conform to any law of any jurisdiction in which all or any part of the Trust Estate is located, located or to make or defend any claim or bring or defend any suit with respect to the Trust Estate or the Leaseaction, or the Owner Trustee being advised by counsel shall determine that it is so necessary or prudent in the interest of the Owner Participant or the Owner Trustee, or the Owner Trustee shall have been directed to do so by the Owner Participant, the Owner Trustee and the Owner Participant shall execute and deliver an agreement supplemental hereto and all other instruments and agreements necessary or proper to constitute another bank or trust company or one or more persons (any and AMENDED & RESTATED TRUST AGREEMENT (AA EETC 2001-1) all of which shall be a Citizen of the United States without making use of a voting trust, voting powers agreement or similar arrangement) approved by the Owner Trustee and Owner Participant (and the Owner ParticipantTrustee may appoint one or more of its officers), either to act as co-trustee, jointly with the Owner Trustee, or to act as separate trustee hereunder (any such co-trustee or separate trustee being herein sometimes referred to as an "additional trustee"). Every In case any such additional trustee hereunder shallor separate trustee shall resign or be removed, to all the extent assets, property, rights, powers or duties of such additional trustee or separate trustee, as the case may be, so far as permitted by any applicable law, shall vest in and be exercised by a new successor to such additional trustee, appointed and act, and in the Owner Trustee and its successors shall act, subject to the following provisions and conditions:manner otherwise provided in this Agreement.