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

Resignation or Removal of the Trustee. (a) The Trustee may resign by giving the Company not less than 90 days' prior written notice of such resignation, unless a shorter or longer period of notice is agreed to between the parties hereto, provided that no such resignation shall be effective until the appointment of a replacement Trustee has become effective as provided below.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Resignation or Removal of the Trustee. (a) The Trustee may resign at any time by giving written notice to the Company not less than 90 days' prior written notice of such resignation, unless a shorter or longer period of notice is agreed to between the parties hereto, provided that no such resignation which shall be effective until twenty (20) days after receiving such notice unless the appointment of a replacement Company and the Trustee has become effective as provided belowagree otherwise.

Appears in 3 contracts

Samples: Total and Complete (Nu Skin Enterprises Inc), Nu Skin Enterprises Inc, Nu Skin Enterprises Inc

Resignation or Removal of the Trustee. (a) The Trustee may resign at any time by giving the Company not less than 90 days' prior written notice of such resignationto ATC, unless a shorter or longer period of notice is agreed to between the parties hereto, provided that no such resignation which shall be effective until 60 days after receipt of such notice unless ATC and the appointment of a replacement Trustee has become effective as provided belowagree otherwise.

Appears in 1 contract

Samples: Trust Agreement (Airtouch Communications Inc)

Resignation or Removal of the Trustee. (a) The Trustee may resign at any time by giving the Company not less than 90 days' prior written notice of such resignationto ATC, unless a shorter or longer period of notice is agreed to between the parties hereto, provided that no such resignation which shall be effective until 60 days after receipt of such notice, unless ATC and the appointment of a replacement Trustee has become effective as provided belowagree otherwise.

Appears in 1 contract

Samples: Trust Agreement (Airtouch Communications Inc)

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Resignation or Removal of the Trustee. (a) Section 7.1. The Trustee may resign by giving the Company at any time for any reason upon delivery of a written notice of resignation, effective not less than 90 days' prior written days after receipt of the notice of such resignation, unless a shorter or longer period of notice is agreed to between by the parties hereto, provided that no such resignation shall be effective until the appointment of a replacement Trustee has become effective as provided belowBeneficiary and Grantor.

Appears in 1 contract

Samples: Trust Agreement (Alden John Financial Corp)

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