Common use of Resignation or Removal of the Trustee; Appointment of Successor Trustee Clause in Contracts

Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The Trustee may at any time resign as trustee hereunder by notice of its election so to do delivered to the Sponsor, and, subject to Section 6.2, such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appointment as hereinafter provided.

Appears in 11 contracts

Samples: Depositary Trust Agreement (GraniteShares Platinum Trust), Depositary Trust Agreement (GraniteShares Platinum Trust), Depositary Trust Agreement (GraniteShares Gold Trust)

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Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The Upon the giving of thirty (30) days’ notice to the parties hereto, the Trustee may at any time resign as trustee hereunder by notice of its election so to do delivered to the Sponsor, and, subject to Section 6.2, such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appointment as hereinafter providedhereunder.

Appears in 9 contracts

Samples: Depositary Trust Agreement (Vaulted Gold Bullion Trust), Depositary Trust Agreement (Bank of Montreal /Can/), Depositary Trust Agreement (Vaulted Gold Bullion Trust)

Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The Trustee may at any time resign as trustee Trustee hereunder by written notice of its election so to do do, delivered to the SponsorInitial Depositor, and, subject to Section 6.2, and such resignation shall take effect upon the appointment of a successor trustee Trustee and its acceptance of such appointment as hereinafter provided.

Appears in 8 contracts

Samples: Trust Agreement (Epoch Securities Inc), Trust Agreement (Salomon Smith Barney Inc /Ny/), Depositary Trust Agreement (Sig Indices LLLP)

Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The Trustee may at any time resign as trustee Trustee hereunder by written notice of its election so to do do, delivered to the Sponsor, and, subject to Section 6.2, such resignation shall take effect upon the appointment of a successor trustee Trustee and its acceptance of such appointment as hereinafter provided.

Appears in 4 contracts

Samples: Depositary Trust Agreement (iShares Gold Trust Micro), Depositary Trust Agreement (iShares Gold Trust Micro), Depositary Trust Agreement (iShares Gold Trust Micro)

Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The Trustee may at any time resign as trustee hereunder by notice of its election so to do delivered to the SponsorSponsors, and, subject to Section 6.2, such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appointment as hereinafter provided.

Appears in 2 contracts

Samples: Depository Trust Agreement (Perth Mint Physical Gold ETF), Depository Trust Agreement (Perth Mint Physical Gold ETF)

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Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The a)The Trustee may at any time resign as trustee Trustee hereunder by written notice of its election so to do do, delivered to the Sponsor, and, subject to Section 6.2, and such resignation shall take effect upon the appointment of a successor trustee Trustee and its acceptance of such appointment as hereinafter provided.

Appears in 1 contract

Samples: Depositary Trust Agreement (ETFS Gold Trust)

Resignation or Removal of the Trustee; Appointment of Successor Trustee. (a) The Trustee may at any time resign as trustee hereunder by notice of its election so to do delivered to the Sponsor, and, subject to Section 6.2, such resignation shall take effect upon the appointment of a successor trustee and its acceptance of such appointment as hereinafter provided.

Appears in 1 contract

Samples: Depository Trust Agreement (Goldman Sachs Physical Gold ETF)

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