Common use of Replacement of the Trustee Clause in Contracts

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the Issuers. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers in writing. The Issuers may remove the Trustee if:

Appears in 25 contracts

Samples: Satisfaction and Discharge (Charter Communications, Inc. /Mo/), First Lien Intercreditor Agreement (Charter Communications, Inc. /Mo/), Third Supplemental Indenture (Charter Communications, Inc. /Mo/)

AutoNDA by SimpleDocs

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 7 contracts

Samples: Indenture (Vion Pharmaceuticals Inc), Indenture (LTX-Credence Corp), Indenture (LTX-Credence Corp)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 6 contracts

Samples: Indenture (Vlsi Technology Inc), Indenture (Amkor Technology Inc), Indenture (School Specialty Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08Section. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders of a majority in principal amount of the then outstanding Notes Securities may remove the Trustee by so notifying the removed Trustee and the Issuers in writingCompany and may appoint a successor Trustee with the Company's consent. The Issuers Company may remove the Trustee if:

Appears in 5 contracts

Samples: Del Webb Corp, Del Webb Corp, Del Webb Corp

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersIssuer. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Issuer in writingwriting and may appoint a successor Trustee. The Issuers Issuer may remove the Trustee if:

Appears in 5 contracts

Samples: Indenture (Cemex Sab De Cv), Indenture (Cemex Sab De Cv), Indenture (Cemex Sab De Cv)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the Issuers. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers in writing. The Issuers may remove the Trustee if:

Appears in 5 contracts

Samples: Fourth Supplemental Indenture (Charter Communications, Inc. /Mo/), Seventh Supplemental Indenture (Charter Communications, Inc. /Mo/), Supplemental Indenture (Charter Communications, Inc. /Mo/)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersIssuer; provided that such resignation . The Holders holders of a majority in aggregate principal amount of the then outstanding Notes (treated as a single series for such purposes) may remove the Trustee by so notifying the Trustee and the Issuers Issuer in writing. The Issuers writing and may remove the appoint a successor Trustee if:

Appears in 4 contracts

Samples: Indenture (Nortel Networks Corp), Indenture (Nortel Networks LTD), Indenture (Nortel Networks LTD)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersIssuer. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Issuer in writing. The Issuers Issuer may remove the Trustee if:

Appears in 3 contracts

Samples: Supplemental Indenture (Charter Communications, Inc. /Mo/), Supplemental Indenture (Charter Communications, Inc. /Mo/), Indenture (Charter Communications, Inc. /Mo/)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Notes Securities of any series may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 2 contracts

Samples: Indenture (Amkor International Holdings, LLC), Amkor Technology Inc

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of at least a majority in aggregate principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee . The Issuers Company may remove the Trustee with if:

Appears in 2 contracts

Samples: Indenture (Agere Systems Inc), Indenture (Agere Systems Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 2 contracts

Samples: Indenture (Gencorp Inc), Indenture (Amkor Technology Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Senior Notes may remove the Trustee by so notifying the Trustee and the Issuers in writingCompany. The Issuers Company may remove the Trustee if:

Appears in 2 contracts

Samples: Indenture (Telemundo Group Inc), Indenture (Telemundo Group Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 2 contracts

Samples: Indenture (Amkor Technology Inc), Amkor International Holdings, LLC

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Praegitzer Industries Trust I)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.086.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Navistar International Corp

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of at least a majority in aggregate principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Agere Systems Inc)

Replacement of the Trustee. A resignation or removal of -------------------------- the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Leasing Solutions Inc

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Senior Convertible Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Gap Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in aggregate principal amount of the then outstanding Convertible Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writing. The Issuers writing and may remove the appoint a successor Trustee if:

Appears in 1 contract

Samples: Indenture (Nortel Networks Corp)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders of a majority in principal amount of the then then-outstanding Notes may remove the Trustee upon 30 days’ prior notice by so notifying the Trustee and the Issuers Company in writing. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Alta Equipment Group Inc.)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Credence Systems Corp)

AutoNDA by SimpleDocs

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in aggregate principal amount of the then outstanding Notes Securities may remove the Trustee by so notifying the Trustee and the Issuers Company in writing. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Western Wireless Corp

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding 42 48 Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Amkor Technology Inc

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders of a majority in principal amount of the then outstanding Notes Debentures may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Gencorp Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Doubleclick Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Exchangeable Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Navistar Financial Corp

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders of a majority in principal amount of the then outstanding Convertible Secured Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Crown Resources Corp

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writing. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Supplemental Indenture (W R Grace & Co)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersIssuer. The Required Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Issuer in writing. The Issuers Issuer may remove the Trustee if:

Appears in 1 contract

Samples: Jamboree LLC

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount aggregate Accreted Principal Amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writing. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: School Specialty (School Specialty Inc)

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor the Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08Section. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Required Holders of a majority in principal amount of the then outstanding Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writing. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Amerco /Nv/

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.08. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount aggregate Principal Amount of the then outstanding Convertible Subordinated Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writing. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Cke Restaurants Inc

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.0810.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Gatx Corp

Replacement of the Trustee. A resignation or removal of the Trustee and appointment of a successor Trustee shall become effective only upon the successor Trustee’s 's acceptance of appointment as provided in this Section 7.087.8. The Trustee may resign in writing at any time and be discharged from the trust hereby created by so notifying the IssuersCompany. The Holders holders of a majority in principal amount of the then outstanding Convertible Notes may remove the Trustee by so notifying the Trustee and the Issuers Company in writingwriting and may appoint a successor Trustee. The Issuers Company may remove the Trustee if:

Appears in 1 contract

Samples: Indenture (Gatx Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.