Resignation or Removal of the Trustee. (a) The Trustee may at any time resign as Trustee under the Depositary Trust Agreement by written notice of its election so to do, delivered to the Initial Depositor, and such resignation shall take effect upon the appointment of a successor Trustee and its acceptance of such appointment.
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Samples: Trust Agreement (Merrill Lynch Pierce Fenner & Smith Inc), Trust Agreement (Epoch Securities Inc), Trust Agreement (Merrill Lynch Pierce Fenner & Smith Inc)
Resignation or Removal of the Trustee. (a) The Trustee may at any time resign as Trustee under the Depositary Trust Agreement by written notice of its election so to do, delivered to the Initial DepositorSponsor, and such resignation shall take effect upon the appointment of a successor Trustee and its acceptance of such appointment.
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