Common use of Replacement of the Trustee Clause in Contracts

Replacement of the Trustee. The Trustee may resign at any time with respect to any Series or Tranche of Securities by so notifying the Issuer not less than 60 days prior to the effective date of such resignation. The Holders of a majority in principal amount of the outstanding Securities of any Series or Tranche may remove the Trustee with respect to that Series or Tranche by so notifying the Trustee. The Issuer shall remove the Trustee if:

Replacement of the Trustee. The Trustee may resign at any time with respect to any Series or Tranche of Securities by so notifying the Issuer in writing not less than 60 30 days prior to the effective date of such resignation. The Holders of a majority in principal amount of the outstanding Securities of any Series or Tranche Notes may remove the Trustee with respect to that Series or Tranche by so notifying the Trusteeremoved Trustee in writing not less than 30 days prior to the effective date of such removal and may appoint a successor Trustee with the Issuer’s written consent, which consent shall not be unreasonably withheld. The Issuer shall remove the Trustee if:

Replacement of the Trustee. The Trustee may resign at any time with respect to any Series or Tranche of Securities by so notifying the Issuer Company not less than 60 days prior to the effective date of such resignation. The Holders of a majority in principal amount of the outstanding Securities of any Series or Tranche may remove the Trustee with respect to that Series or Tranche by so notifying the Trustee. The Issuer Company shall remove the Trustee if: