Common use of Resignation or Removal of Indenture Trustee Clause in Contracts

Resignation or Removal of Indenture Trustee. (a) The Indenture Trustee may give notice of its intent to resign at any time by so notifying the Issuer. The Requisite Noteholders may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Appears in 5 contracts

Samples: Base Indenture (Enova International, Inc.), Backup Servicing Agreement (On Deck Capital, Inc.), On Deck Capital, Inc.

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Resignation or Removal of Indenture Trustee. (a) The Indenture Trustee may give notice of its intent to resign at any time by so notifying the Issuer. The Requisite Noteholders Holders of a Majority in Interest of each Series of Outstanding Investor Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Appears in 4 contracts

Samples: Base Indenture (PHH Corp), Base Indenture (PHH Corp), Indenture (Greyhound Funding LLC)

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Resignation or Removal of Indenture Trustee. (a) 1. The Indenture Trustee may give notice of its intent to resign at any time by so notifying the Issuer. The Requisite Noteholders Holders of a Majority in Interest of each Series of Outstanding Investor Notes may remove the Indenture Trustee by so notifying the Indenture Trustee and may appoint a successor Indenture Trustee. The Issuer shall remove the Indenture Trustee if:

Appears in 2 contracts

Samples: Indenture (PHH Corp), Greyhound Funding LLC

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