Common use of Resignation of Trustee Clause in Contracts

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of the Trust created by this Trust Agreement by giving notice to the Unitholders and to the Manager not less than 90 days prior to the date when such resignation shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trustee.

Appears in 10 contracts

Samples: Trust Agreement (Sprott Physical Gold Trust), Trust Agreement (Sprott Physical Silver Trust), Trust Agreement (Sprott Physical Gold & Silver Trust)

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Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of from the Trust trusts created or continued by this Master Trust Agreement by giving notice to the Unitholders and to the Manager Manager, not less than 90 days prior to the date when such resignation shall take effect. Such resignation shall take effect on the date specified in such notice notice, unless at or prior to such date a successor trustee is shall be appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trustee.

Appears in 7 contracts

Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee trustee of the Trust created by this Trust Agreement at any time by giving at least ninety (90) days’ prior written notice to the Unitholders Employer and to the Manager not less than 90 days prior to the date when such resignation shall take effectPlan Administrator. Such resignation shall take effect on the date specified in such notice unless at or prior to such date The Employer’s appointment of a successor trustee is appointed by to the Manager in which case such resignation shall take effect immediately Trust will vest the successor trustee with title to the Assets of its Trust upon the appointment successor trustee’s acceptance of such successor trusteeappointment.

Appears in 6 contracts

Samples: Trust Agreement, Special Separation Allowance Trust, Trust Agreement

Resignation of Trustee. The Any Trustee or any successor trustee may resign as Trustee of the Trust created by this Trust Agreement by giving written notice to the Unitholders and beneficiaries to the Manager not less than 90 days prior to the date when such resignation shall take effectwhom income could then be distributed. Such resignation shall take effect on the such date specified in the notice, but not earlier than thirty (30) days after the date of delivery of such notice written resignation unless at or prior an earlier effective date shall be agreed to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trusteeincome beneficiaries.

Appears in 5 contracts

Samples: Inventor’s Trust, Living Trust, Living Trust

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of the Trust created by this Trust Agreement by giving trustee and be discharged from all duties and liabilities hereunder upon at least 90 days’ prior written notice to the Unitholders and to Annuitant or such shorter notice as the Manager not less than 90 days prior to the date when such resignation Annuitant shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trusteeaccept.

Appears in 5 contracts

Samples: Part 1, Client Account Agreement, Client Account Agreement

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of the Trust created by this Trust Agreement by giving notice to the Unitholders and to the Manager Manager, if any, not less than 90 days prior to the date when such resignation shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trustee. Any such appointment of a successor trustee by the Manager shall be ratified by Unitholders by Ordinary Resolution.

Appears in 5 contracts

Samples: Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust)

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of the Trust created at any time by this Trust Agreement by giving written notice to the Unitholders Company, which shall be effective sixty (60) days after receipt of such notice unless the Company and Trustee agree otherwise. If a Change in Control shall previously have occurred, the Trustee shall give such resignation notice, in writing, to the Manager Company and the members of the Incumbent Board then serving on the Board of Directors, specifying a date (not less than 90 sixty (60) days prior to after the date giving of such notice) when such resignation shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trustee.

Appears in 4 contracts

Samples: Trust Agreement (Sunoco Inc), Trust Agreement (Sunoco Inc), Deferred Compensation and Benefits Trust Agreement (Sunoco Inc)

Resignation of Trustee. The (a) Trustee or any successor trustee may resign as Trustee of the Trust created by this Trust Agreement at any time by giving notice to the Unitholders and to the Manager not less than 90 days prior days' written notice thereof to the date when Beneficiary and to Grantor, such resignation shall take effect. Such resignation shall take effect to become effective on the date specified in such notice unless at or prior to such date acceptance of appointment by a successor trustee is appointed by and the Manager in which case such resignation shall take effect immediately upon the appointment of transfer to such successor trusteetrustee of all Assets in the Trust Account in accordance with paragraph (b) of this Section 8.

Appears in 2 contracts

Samples: Trust Agreement (Security National Financial Corp), Trust Agreement (Security National Financial Corp)

Resignation of Trustee. The Trustee or any successor trustee thereto may resign as Trustee hereunder at any time upon delivering a written notice of such resignation, to take effect 60 days after the Trust created by this Trust Agreement by giving notice delivery thereof to the Unitholders and to Committee, unless the Manager not less than 90 days prior to the date when Committee accepts shorter notice; provided, however, that no such resignation shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date be effective until a successor trustee is appointed by Trustee has assumed the Manager in which case such resignation shall take effect immediately upon the appointment office of such successor trusteeTrustee hereunder.

Appears in 2 contracts

Samples: Common Stock Purchase Agreement (Airgas Inc), Trust Agreement (Hanover Foods Corp /Pa/)

Resignation of Trustee. The A Trustee or any successor trustee may resign as Trustee of the Trust created by this Trust Agreement and remain fully discharged from all future duty and responsibility hereunder by giving notice in writing to the Unitholders and to the Manager not less than 90 days prior to remaining Trustees, which notice shall state the date when such resignation shall take effect. Such resignation shall take effect on the said date specified in such notice unless at or prior to such date a successor trustee is Trustee shall have been appointed by the Manager at an earlier date, in which case event such resignation shall take effect immediately upon as of the date of appointment of such the successor trusteeTrustee. Notwithstanding the preceding sentence, a Union Trustee who is the President of a Joint Council may only resign as a Trustee by resigning that office.

Appears in 1 contract

Samples: wctpension.org

Resignation of Trustee. The Subject to the provisions of Section 912 of this Trust Agreement, the Trustee or any successor trustee may resign as Trustee of and thereby become discharged from the Trust created trusts hereby created, by this Trust Agreement by giving notice in writing given to the Unitholders District, and mailed, postage prepaid, at the Trustee’s expense, to the Manager each Holder, not less than 90 sixty (60) days prior to the date when before such resignation shall is to take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case , but such resignation shall take effect immediately upon the appointment of a new Trustee hereunder if such successor trusteenew Trustee shall be appointed before the time limited by such notice and shall then accept the trusts hereof.

Appears in 1 contract

Samples: Trust Agreement

Resignation of Trustee. The Trustee or any successor Any trustee may resign as Trustee of the Trust created at any time by this Trust Agreement by giving mailing notice to the Unitholders persons entitled by law to receive such notice and to the Manager co-trustee, successor, or alternate trustee. Unless circumstances are such that it is not less than 90 days prior necessary to replace the date when such resigning trustee, the resignation shall take effect. Such resignation shall take effect becomes effective on the date specified in such notice unless at or prior to such date a acceptance of office by the successor trustee is appointed by who replaces the Manager in which case such resignation shall take effect immediately upon the appointment of such successor resigning trustee.

Appears in 1 contract

Samples: Living Trust

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee trustee of the Trust created by this Trust Agreement Fund by giving notice in writing to the Unitholders and to the Manager not less than 90 60 days prior to the date when such resignation shall is to take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case No such resignation shall take effect immediately upon be effective until the appointment of, and acceptance of such successor trusteeappointment by, a new trustee in the place of the resigning Trustee.

Appears in 1 contract

Samples: Trust Agreement (Strategic Energy Fund)

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee and be discharged from the trusts created hereby. Such resignation shall be accomplished by delivering notice thereof, by first-class mail, postage prepaid, to the Company and all holders of the Trust created by this Trust Agreement by giving notice to Notes at the Unitholders and to the Manager time outstanding, specifying a date (not less earlier than 90 sixty (60) days prior to after the date of such notice) when such resignation shall take effect. Such resignation shall take effect on the date day specified in such notice notice, unless at or prior to such date previously a successor trustee is Trustee shall have been appointed by the Manager as provided in Section 7.10, in which case event such resignation shall take effect immediately upon the appointment of such successor trusteeTrustee.

Appears in 1 contract

Samples: Trust Indenture (Chi Energy Inc)

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee at any time from the trusts created hereby by giving written notice of the Trust created by this Trust Agreement by giving notice resignation to the Unitholders Issuer, the Company, the Agent, the Indexing Agent and the Remarketing Agent and by mailing written notice of the resignation to the Manager not less than 90 Holders as their names and addresses appear on the Register at the close of business 15 days prior to the date when such resignation shall take effectmailing. Such The resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately only upon the appointment of such a successor trusteeTrustee.

Appears in 1 contract

Samples: Helmstar Group Inc

Resignation of Trustee. The Trustee or any successor trustee Trustee may resign as Trustee of the Trust created by this Trust Agreement Fund by giving notice to the Unitholders and to the Manager unitholders not less than 90 60 days prior to the date when such on which the resignation shall is to take effect. Such The resignation shall will take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trusteenotice.

Appears in 1 contract

Samples: Trust Agreement

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Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of and thereby become discharged from the Trust created trusts hereby created, by this Trust Agreement by giving notice in writing given to the Unitholders City and to the Manager Lessor, not less than 90 sixty (60) days prior to the date when before such resignation shall is to take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case , but such resignation shall take effect immediately upon the appointment of a new Trustee hereunder if such successor trusteenew Trustee shall be appointed before the time limited by such notice and shall then accept the trusts hereof.

Appears in 1 contract

Samples: Deposit Trust Agreement

Resignation of Trustee. The At any time, upon thirty (30) days' prior written notice to all of the Administrators, Trustee or any successor trustee may resign and be discharged from his duties as Trustee of the Trust created by under this Trust Agreement by giving notice Agreement. As soon as practicable after his resignation Trustee shall promptly turn over to the Unitholders and to the Manager not less than 90 days prior to the date when such resignation shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is mutually appointed by the Manager in which case such resignation shall take effect immediately Administrators all monies and property held under this Agreement upon presentation of a document appointing the appointment of such successor trusteenew trustee and evidencing its acceptance thereof.

Appears in 1 contract

Samples: Trust Agreement (International Total Services Inc)

Resignation of Trustee. The A Trustee or may at any successor trustee may time resign as Trustee and be discharged of the Trust duties and obligations created by this Trust Agreement Indenture by giving not less than sixty days’ written notice to the Unitholders Agency and to the Manager not less than 90 days prior to mailing notice thereof specifying the date when such resignation shall take effect. Such , to each of the registered owners, and such resignation shall take effect on upon the date day specified in such notice unless at or prior to such date previously a successor trustee is appointed by the Manager shall have been appointed, as provided in Section 11.8, in which case event such resignation shall take effect immediately upon on the appointment of such successor; provided, however, no such resignation shall take effect until a successor trustee.Trustee has been appointed.‌

Appears in 1 contract

Samples: www.calhfa.ca.gov

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee and be discharged of the Trust created by this Trust Agreement trusts by giving notice thereof to the Unitholders holder of the Note and to Debtor (or any subsequent owner of Debtor's interest in the Manager Trust Estate) specifying the date (not less than 90 ninety (90) days prior to the date after such notice) when such resignation shall take effect. Such resignation shall take effect on the earlier of the date so specified in such notice unless at or prior to such date the appointment and acceptance of a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trusteepursuant to Section 5.03.

Appears in 1 contract

Samples: Loan Agreement (Rc Arbys Corp)

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of the Trust trust created by this Trust Agreement by giving notice to the Unitholders and to the Manager not less than 90 days prior to the date when such resignation shall take effect. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trustee.

Appears in 1 contract

Samples: Trust Agreement (Sprott Physical Gold Trust)

Resignation of Trustee. The Trustee or may at any successor trustee may time resign as Trustee and be discharged of the Trust duties and obligations created by this Trust Agreement Indenture by giving not less than sixty days' written notice to the Unitholders Agency and to the Manager not less than 90 days prior to publishing notice thereof, specifying the date when such resignation shall take effect. Such , once in Authorized Newspapers, and such resignation shall take effect on upon the date day specified in such notice unless at or prior to such date previously a successor trustee is shall have been appointed by the Manager provided in Section 1109, in which case event such resignation shall take effect immediately upon on the appointment of such successor trusteesuccessor.

Appears in 1 contract

Samples: Pennsylvania Housing Finance Agency

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee of the Trust created ----------------------- its duties hereunder by this Trust Agreement by giving notice delivering a written resignation to the Unitholders and to the Manager not less than 90 days prior to the date when such resignation shall take effectCompany. Such resignation shall take effect on the date specified in such notice unless at or provided therein, but not before the 60th day after delivery thereof, unless, prior to such date 60th day, a successor trustee is has been appointed by and has accepted the Manager in which case such resignation shall take effect immediately upon the appointment of such successor trusteeappointment.

Appears in 1 contract

Samples: Trust Agreement (Petroleum Development Corp)

Resignation of Trustee. The Trustee or any successor trustee may resign as Trustee and be discharged from the trusts created hereby by delivering notice thereof, by first class mail, postage prepaid, to the Company and all holders of the Trust created by this Trust Agreement by giving notice to Notes at the Unitholders and to the Manager not less than 90 days prior to the date when such resignation shall take effecttime outstanding. Such resignation shall take effect on the date specified in such notice unless at or prior to such date a successor trustee is appointed by the Manager in which case such resignation shall take effect immediately upon the acceptance of appointment of such by a successor trusteeTrustee appointed as provided in section 7.10.

Appears in 1 contract

Samples: Trust Indenture (Ramsay Health Care Inc)

Resignation of Trustee. The Trustee or may at any successor trustee may time resign as Trustee and be discharged of the Trust trusts hereby created by this Trust Agreement by giving written notice to the Unitholders Company and to the Manager not less than 90 days prior to Bondholders, specifying the date when day upon which such resignation shall take effect. Such resignation shall take effect on upon the date day specified in such notice unless at or prior to such date previously a successor trustee is shall have been appointed by the Manager Bondholders or the Company in which case the manner hereinafter provided in Section 10.15, and in such event such resignation shall take effect immediately upon on the appointment of such successor trustee.

Appears in 1 contract

Samples: Twentieth Supplemental Indenture (Tampa Electric Co)

Resignation of Trustee. The Trustee or may at any successor trustee may time resign as Trustee and be discharged of the Trust duties and obligations created by this Trust Agreement Indenture by giving not less than 30 days written notice to the Unitholders and to the Manager not less than 90 days prior to Issuer specifying the date when such resignation shall take effect. Such effect and such resignation shall take effect on upon the date day specified in such notice unless at or prior to such date previously a successor trustee is appointed by the Manager shall have been appointed, in which case event such resignation shall take effect immediately upon on the appointment of such successor, provided that such resignation shall not take effect unless and until a successor trusteeshall have been appointed.

Appears in 1 contract

Samples: services.austintexas.gov

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