REMOVAL OR RESIGNATION OF TRUSTEE. The Trustee may be removed with respect to all or part of the Fund upon receipt of sixty (60) days' written notice (unless a shorter or longer period is agreed upon) from the Company. The Trustee may resign as Trustee hereunder upon sixty (60) days' written notice (unless a shorter or longer period is agreed upon) delivered to the Company. In the event of such removal or resignation, a successor trustee will be appointed and the retiring Trustee shall transfer the Fund, less such amounts as may be reasonable and necessary to cover its compensation and expenses. In the event the Company fails to appoint a successor trustee within sixty (60) days of receipt of written notice of resignation, the Trustee reserves the right to seek the appointment of a successor trustee from a court of competent jurisdiction. The Trustee shall have no duties, responsibilities or liability with respect to the acts or omissions of any successor trustee.
REMOVAL OR RESIGNATION OF TRUSTEE. The TRUSTEE may at any time resign by giving notice to all parties to this agreement and delivering to the person who shall be named by TRINET as successor TRUSTEE to economically administer the trust. TRINET may elect to remove TRUSTEE at any time for any reason provided that SUBSCRIBER(s) have been notified of the TRUSTEE successor.
REMOVAL OR RESIGNATION OF TRUSTEE. The Employer may remove any Trustee at any time by sixty (60) days written notice to the Trustee, and any Trustee may resign at any time by sixty (60) days written notice to the Employer. Upon the removal or resignation of the Trustee, the Employer shall appoint a Successor Trustee. The receipt by the Successor Trustee of all securities, property and money then held hereunder shall be a full and complete acquittance and discharge of the Trustee who has been removed or resigned.
REMOVAL OR RESIGNATION OF TRUSTEE. Any Trustee hereunder may be removed by resolution of the Board upon delivery to such Trustee of a 3 The last sentence of Article XXIV was added by a vote of the Massport Board on May 20, 2009. certified copy of such resolution of removal. Any Trustee hereunder may resign as Trustee, upon written notice to that effect, delivered to the Authority. Such removal or resignation shall become effective upon the date specified in such resolution or such notice, as the case may be, which shall be not less than 15 days subsequent to the delivery of such certified copy of resolution or such notice. In the event of the removal, resignation, death or inability to serve of any Trustee hereunder, a successor shall be appointed by resolution of the Board, a certified copy of which resolution shall be delivered to such successor. In the event of the removal, resignation, death or inability to serve of any Trustee hereunder after the Authority shall have gone out of business or ceased to exist or been dissolved, voluntarily or involuntarily, or had a receiver or trustee in bankruptcy appointed, a successor may be appointed by election by a majority in interest of the Participants then having an interest in the Trust. A successor Trustee, upon accepting such appointment, shall become vested with the same powers, duties, privileges, and immunities as if such Trustee had been originally named in this Trust as a Trustee. In case of the removal, resignation, death or inability to serve of a Trustee, said Trustee or his personal representative shall forthwith turn over to the remaining or succeeding Trustee all accounts and records in such Trustee’s possession, and shall execute such instruments as may be necessary to terminate such trusteeship. No bond shall be required of the Trustee named herein or any of the Trustee’s successors. Not later than 60 days after the effective date of the removal or resignation of a Trustee, the Trustee shall file with the Authority a written report setting forth all investments, receipts, disbursements, and other transactions effected by the Trustee from the date of the prior such report to the date of removal or resignation of a Trustee, as the case may be. Such report shall contain an exact description of all securities and investments held at the effective date of such removal or resignation of a Trustee, as the case may be, and the cost of each item thereof, as carried on the books of the Trustee. Upon the expiration of 90 days from the date...
REMOVAL OR RESIGNATION OF TRUSTEE. Upon 30 days' notice to the Stockholders, the Trustee may resign as Trustee. Conversely, Stockholders may remove or replace Trustee and appoint a new Trustee upon giving 30 days' notice to the present Trustee. If the Trustee is removed or resigns his term, Trustee shall deliver over to the Stockholders all stock certificates and insurance policies held under the terms of this agreement, together with any other documents he may hold. Any successor Trustee thereafter named by the Stockholders shall have all the duties and powers herein conferred to the original Trustee.
REMOVAL OR RESIGNATION OF TRUSTEE. The Trustee may be removed with respect to all or part of the Fund upon receipt of sixty (60) days' written notice (unless a shorter or longer period is agreed to between the parties hereto) from the Administrator. The Trustee may resign upon ninety (90) days' written notice (unless a shorter or longer period is agreed to between the parties hereto) delivered to the Administrator. In the event of the removal or resignation of the Trustee, a successor trustee or other funding agent permitted under Applicable Laws shall be appointed by the Administrator and shall have the same powers and duties as those conferred upon the Trustee by this Agreement and the retiring Trustee shall transfer the Fund, less such amounts as may be reasonable and necessary to cover its compensation, expenses and any other amount owing hereunder in accordance with Section 14.2. In the event the Administrator fails to appoint a successor trustee within thirty (30) days of receipt of the written notice of resignation, such failure shall constitute an Event of Default and the provisions of Section 4.4 shall apply.
REMOVAL OR RESIGNATION OF TRUSTEE. The Grantor may remove the Trustee by giving the Trustee no less than 30 days' notice in writing to that effect. The Trustee may resign at any time by giving the Grantor not less than 30 days' notice in writing unless the Grantor accepts a lesser period of notice. In the event of the removal or resignation of the Trustee, the Grantor shall appoint a successor Trustee.
REMOVAL OR RESIGNATION OF TRUSTEE. The Trustee may resign at any time by written notice to the Employer. The Trustee may be removed by the Employer at any time by written notice to the Trustee. Any such notice shall be effective sixty (60) days after receipt by the party to whom notice is given or such later date as shall be specified therein. Upon the effective date of the removal or resignation of the Trustee, the Trustee shall deliver the Trust Fund to a successor trustee or custodian designated by the Employer. If, for any reason, the Employer cannot or does not act promptly to appoint a successor trustee, the Trustee may apply to a court of competent jurisdiction for the appointment of a successor trustee. Any expenses incurred by the Trustee in connection therewith shall be charged to and paid from the Trust Fund as an expense of administration.
REMOVAL OR RESIGNATION OF TRUSTEE. The Trustee may be removed with respect to all or part of the Fund upon receipt of sixty (60) days' written notice from the Named Fiduciary. The Trustee may resign as Trustee hereunder upon sixty (60) days' written notice delivered to the Named Fiduciary. In the event of such removal or resignation, the successor trustee will be appointed by the Named Fiduciary, and the retiring Trustee shall transfer the Fund, less such amounts as may be reasonable and necessary to cover its compensation and direct expenses including but not limited to, a pro-rata share of the fees described in Section 6.1. In the event the Company fails to appoint a successor trustee within sixty (60) days of receipt of written notice of resignation, the Trustee reserves the right to seek the appointment of a successor trustee from a court of competent jurisdiction. The Company shall indemnify the Trustee from any costs incurred by the Trustee in seeking such appointment. The Trustee shall have no duties, responsibilities or liability with respect to the acts or omissions of any successor trustee.
REMOVAL OR RESIGNATION OF TRUSTEE. 10 7.01. Notice. . . . . . . . . . . . . . . . . . . . . . 10 7.02.
