Common use of Resignation of Trustee Clause in Contracts

Resignation of Trustee. The Trustee may resign from the office of trustee hereunder on giving not less than 60 days' notice in writing to the Corporation; provided that no such resignation shall be effective until (i) the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.4, and (ii) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trustee.

Resignation of Trustee. The Trustee may resign from the office of trustee Trustee hereunder on giving not less than 60 days' notice in writing delivered to the Corporation; provided that Corporation but no such resignation shall be effective until (i) the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.4, and (ii) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trustee.

Resignation of Trustee. The Trustee may resign from the office of trustee hereunder on giving not less than 60 days' ’ notice in writing to the Corporation; provided that no such resignation shall be effective until (i) the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.47.4, and (ii) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trustee.

Resignation of Trustee. The Trustee may resign at any time by notifying the Employer in writing. The resignation shall take effect upon the earlier of the appointment of a successor under Section 5.3 or 60 days from the office of trustee hereunder on giving not less than 60 days' date the notice in writing to the Corporation; provided that no such resignation shall be effective until (i) the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.4, and (ii) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trusteeis given.

Resignation of Trustee. The Trustee may resign from the office of trustee hereunder on giving not less than 60 days' notice in writing to the Corporation; provided that no such resignation shall be effective until (i) the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.47.4, and (ii) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trustee.

Resignation of Trustee. The Trustee may resign from the office of trustee hereunder on giving not less than 60 days' notice in writing to the Corporation; provided that no such resignation shall be effective until (i1) the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.4, and (ii2) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trustee.

Resignation of Trustee. The Trustee may resign at any time by filing with the Employer its written resignation. Such resignation shall take effect 30 days from the office date of trustee hereunder on giving not less than 60 days' notice in writing such filing or upon appointment of a successor pursuant to Section 6.3, whichever shall first occur. If the Corporation; provided that no such resignation Employer fails to appoint a successor Trustee, the Employer shall be effective until (i) deemed to be the appointment of, and acceptance of such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.4, and (ii) the legal and valid assumption by the new Trustee of all obligations of the Trustee related hereto in the same capacities as the resigning Trustee.

Resignation of Trustee. Section 6.01. (a) The Trustee may resign from the office of trustee hereunder on at any time by giving not less than 60 90 days' ’ written notice in writing thereof to the Corporation; provided that no Beneficiary and to the Grantor, such resignation shall be to become effective until (i) on the appointment of, and acceptance of appointment by a successor Trustee and the transfer to such appointment by, a new Trustee in the place of the resigning Trustee has been made in the manner set out in Section 6.4, and (ii) the legal and valid assumption by the new successor Trustee of all obligations of the Trustee related hereto Assets in the same capacities as the resigning TrusteeTrust Account in accordance with paragraph (b) of this Section 6.01.