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

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty (30) days' notice in writing.

Appears in 4 contracts

Samples: Trust Agreement (Mid Atlantic Medical Services Inc), Compensation Trust Agreement (Mid Atlantic Medical Services Inc), Trust Agreement (Mid Atlantic Medical Services Inc)

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Resignation or Removal of the Trustee. The Trustee may at any time resign and upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement may at any time be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may be removed by the Company upon thirty sixty (3060) days' days notice in writingwriting to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee).

Appears in 4 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty (30) days' notice in writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee only with the written consent of two-thirds of the Participants to whom additional Benefits are payable pursuant to a Payment Schedule then in effect. The Recordkeeper shall be solely responsible for obtaining and tabulating such consents and the Trustee may rely conclusively on information received from the Recordkeeper.

Appears in 2 contracts

Samples: Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc)

Resignation or Removal of the Trustee. The Trustee may at any time resign on not less than 30 days’ written notice to the Authority and the Holders. The Trustee will promptly certify to the Authority that it has given written notice to all Holders and such certificate will be conclusive evidence that such notice was given as required hereby. The Trustee may at any time be removed by written notice from the Company upon thirty Authority (30if not in default) days' notice or a Majority in writingInterest of the Outstanding Senior Bonds to the Trustee and the Authority. Such resignation or removal shall not take effect until a successor has been appointed.

Appears in 2 contracts

Samples: Original Indenture, Original Indenture

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty (30) days' notice in writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee only with the written consent of two-thirds of the Participants to whom additional Benefits are payable pursuant to a Payment Schedule then in effect. The Recordkeeper shall be solely responsible for obtaining and tabulating such consents and the Trustee may rely conclusively on information received from the Recordkeeper.

Appears in 2 contracts

Samples: Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc)

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty sixty (3060) days' notice in writing, provided, however, that upon or after a Change of Control, the Company shall not have the right to remove the Trustee.

Appears in 1 contract

Samples: Trust Agreement (Colgate Palmolive Co)

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty sixty (3060) days' notice in writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee only with the written consent of two-thirds of the Participants for whom Accounts are held as part of the Trust Fund and to whom additional Benefits are payable pursuant to a Payment Schedule then in effect.

Appears in 1 contract

Samples: Trust Agreement (Gtech Holdings Corp)

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty sixty (3060) days' notice in writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee only with the written consent of two-thirds of the Participants to whom additional Benefits are payable pursuant to a Payment Schedule then in effect. The Recordkeeper shall be solely responsible for obtaining and tabulating such consents and the Trustee may rely conclusively on information received from the Recordkeeper.

Appears in 1 contract

Samples: Trust Agreement (Newmont Mining Corp /De/)

Resignation or Removal of the Trustee. 1. The Trustee may resign at any time resign upon thirty days notice in writing to the Employer, and may at any time be removed by the Company Employer at any time upon thirty (30) days' days notice in writingwriting to the Trustee.

Appears in 1 contract

Samples: www.ncompliance.com

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Resignation or Removal of the Trustee. 17.1 The Trustee may resign at any time resign and may at any time be removed by the Company upon thirty giving ninety (3090) days' days notice in writingwriting to the Employer.

Appears in 1 contract

Samples: Platinum Underwriters Holdings LTD

Resignation or Removal of the Trustee. The Trustee may resign at any time resign and may at any time be removed by giving notice in writing to the Company upon thirty (30) days' and the Committee at least 30 days before such resignation is to become effective, unless the Company shall accept as adequate a shorter notice. The Company, by action of its Board of Directors, may, with or without cause, remove any Trustee acting hereunder by giving notice in writingwriting to such Trustee at least 30 days before such removal is to become effective, unless the Trustee shall accept as adequate a shorter notice.

Appears in 1 contract

Samples: Lsi Industries Inc

Resignation or Removal of the Trustee. The Trustee may resign at any time resign and may at any time be removed by giving notice in writing to the Company upon thirty (30) days' and the Committee at least 60 days before such resignation is to become effective, unless the Company shall accept as adequate a shorter notice. The Company, by action of its Board of Directors or their delegate, may remove, with or without cause, any Trustee acting hereunder by giving notice in writingwriting to such Trustee at least 60 days before such removal is to become effective, unless the Trustee shall accept as adequate a shorter notice.

Appears in 1 contract

Samples: Trust Agreement (Nordson Corp)

Resignation or Removal of the Trustee. The Trustee may at any time resign and may at any time be removed by the Company upon thirty sixty (3060) days' notice in writing.

Appears in 1 contract

Samples: Trust Agreement (Wellchoice Inc)

Resignation or Removal of the Trustee. The Trustee may resign at any time resign and may at any time be removed by giving notice in writing to the Company upon thirty (30) days' and the Committee at least 60 days before such resignation is to become effective, unless the Company shall accept as adequate a shorter notice. The Company, by action of its Board of Directors, may remove, with or without cause, any Trustee acting hereunder by giving notice in writingwriting to such Trustee at least 60 days before such removal is to become effective, unless the Trustee shall accept as adequate a shorter notice.

Appears in 1 contract

Samples: Trust Agreement (Nordson Corp)

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