Resignation of Trustee. (a) The Trustee shall have the right to resign as Trustee hereunder at any time by notice to the Trust Interest holders, such resignation to be effective at such time as a successor Trustee accepts this Agreement pursuant to Section 14.(c).
Appears in 5 contracts
Samples: Trust Agreement (Basic Technologies Inc), Trust Agreement (Black Mountain Holdings, Inc.), Trust Agreement (Founders Industries Inc)
Resignation of Trustee. (a) The Trustee shall have the right to resign as Trustee hereunder may resign, effective upon qualification of its successor, at any time time, without stating cause by giving written notice to the Trust Interest holdersBeneficiary, to the Grantor/Settlor, if living, and to any other Trustee then serving. Upon receipt of such resignation notice, the person(s) then entitled to be effective at such time as remove a Trustee may select and designate in writing a successor Trustee accepts this Agreement pursuant to Section 14.(c)Article VI to serve hereunder in a reasonable time.
Appears in 3 contracts
Samples: Sample Third Party, Trust Agreement, achievafamilytrust.org
Resignation of Trustee. (a) The Trustee shall have the right to resign as Trustee hereunder at any time by notice to WYOG and the Trust Interest holders, such resignation to be effective at such time as a successor Trustee accepts the terms of this Agreement pursuant to Section 14.(c14(c).
Appears in 2 contracts
Samples: Trust Agreement (New Frontier Energy Inc), Trust Agreement (New Frontier Energy Inc)
Resignation of Trustee. (a) The Trustee shall have the right to resign as Trustee hereunder at any time by notice to the Trust Interest holders, such resignation to be effective at such time as a successor Trustee accepts this Agreement pursuant to Section 14.(c13 (c).
Appears in 2 contracts
Samples: Trust Agreement (Transit Management Holding Corp), Trust Agreement (Imagine Media LTD)
