Common use of Resignation or Removal of Trustee Clause in Contracts

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer and the Noteholders. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor Trustee acceptable to the Noteholders by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trustee. If no successor Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer (with the consent of each Control Party, which consent shall not be unreasonably withheld) shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Servicer, the Note Insurer and the Noteholders. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor Trustee acceptable to the Noteholders and the Note Insurer by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trustee. If no successor Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.

Resignation or Removal of Trustee. (a) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Company, the Servicer and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted such appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor Trustee trustee acceptable to the Noteholders each Enhancement Provider and a Majority in Interest of each outstanding Series by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.trustee. Pooling and Servicing Agreement

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer and the NoteholdersCompany. A copy of any such notice shall be sent to Standard & Poor's and Fitch. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders by written instrument, in duplicate, one copy of which instrument shall be delivered to each of the resigning Trustee Servicer and the Company and one copy to the successor Trustee. If no successor Trustee shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.. If at any time the Trustee shall cease to be eligible in accordance with the provisions of Section 11.06 and shall fail to resign after written request therefor by

Resignation or Removal of Trustee. (a) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' 60 calendar days prior written notice thereof to the Company, the Master Servicer and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted such appointment within 30 thirty (30) days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee --------------------------------- may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Seller and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer Seller shall (i) promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee and (ii) provide written notice to each Rating Agency of such resignation. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Issuer, the Noteholders, each Master Servicer and the Noteholderseach Rating Agency then rating any outstanding Series or Class of Notes. Upon receiving such notice of resignation, the Servicer Issuer shall promptly appoint a successor Trustee trustee acceptable to the Noteholders Control Party for each Series by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Company, the Servicer, each Agent and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Company, the Master Servicer, the Rating Agencies and the NoteholdersAgents. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted such appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor, the Parent and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor Trustee trustee acceptable to the Noteholders each Enhancement Provider and a Majority in Interest of each outstanding Series by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts created by this Agreement its obligations hereunder by giving at least 30 days' prior written notice thereof to the Servicer Borrower, the Investor Agents, the Program Agent and the NoteholdersCollection Agent. Upon receiving such notice of resignation, the Servicer Collection Agent shall promptly appoint a successor Trustee trustee acceptable to the Noteholders Investor Agents and the Program Agent by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning 103 Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts Trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor, the Servicer, each Program Agent, each Enhancement Provider and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee Trustee, upon notice to the Transferor and the Servicer may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any --------------------------------- time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Seller and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer Seller shall (i) promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee and (ii) provide written notice to each Rating Agency of such resignation. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Trust and the NoteholdersBeneficial Owner. Upon receiving such notice of resignation, the Servicer Beneficial Owner shall promptly appoint a successor Trustee acceptable to trustee (the Noteholders “Successor Trustee”) by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Successor Trustee. If no successor Successor Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Successor Trustee.

Resignation or Removal of Trustee. (a) --------------------------------- The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer Transferor shall (i) promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee and (ii) provide written notice to each Rating Agency of such resignation. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a1) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Company, the Servicer, the Letter of Credit Agent, the Administrative Agent and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee shall have trustee has been so appointed and have has accepted such appointment within 30 thirty (30) days after the giving of such notice of resignation, the resigning Trustee may petition (at the expense of the Company) any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Company, the Servicer and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts created by this Agreement its obligations hereunder by giving at least 30 days' prior written notice thereof to the Servicer Seller, the Agent and the NoteholdersCollection Agent. Upon receiving such notice of resignation, the Servicer Collection Agent shall promptly appoint a successor Trustee trustee acceptable to the Noteholders Agent by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Subject to paragraph (c) below, the Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Company, the Servicer, the Letter of Credit Agent, the Administrative Agent and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer Company shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted such appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts Trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer (or the Transferor, if a Successor Servicer is Servicer) shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Issuer, the Series 2010-1 Noteholders, the Master Servicer and the NoteholdersCollateral Trustee. Upon receiving such notice of resignation, the Servicer Issuer shall promptly appoint a successor Trustee trustee acceptable to the Noteholders Control Party by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 thirty (30) days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts created by this Agreement Indenture by giving at least 30 60 days' prior written notice thereof to the Servicer Issuer and the Noteholders. Upon receiving such notice of resignation, the Servicer Issuer shall promptly appoint a successor Trustee acceptable to the Majority Noteholders by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trustee. If no successor Trustee shall have been so appointed and have accepted appointment within 30 60 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Seller, each Master Servicer and the Noteholderseach Rating Agency then rating any outstanding Series or Class of Certificates. Upon receiving such notice of resignation, the Servicer Seller shall promptly appoint a successor Trustee trustee acceptable to the Noteholders Control Party for each Series by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts Trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Master Servicer and the NoteholdersTransferor. Upon receiving such notice of resignation, the Servicer Transferor shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee; provided, however, no successor trustee may be appointed without the prior written consent of the Master Servicer. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor and the NoteholdersServicer. Upon receiving such notice of resignation, the Servicer Transferor shall (i) promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee and (ii) provide written notice to each Rating Agency of such resignation. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time may, upon the giving of written notice to the Transferor and the Master Xxxxxxxx and the appointment of a successor trustee, resign and be discharged from the trusts created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer and the Noteholderstrust hereby created. Upon receiving such notice of resignation, the Master Servicer shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trusteetrustee. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.

Resignation or Removal of Trustee. (a) The 1997-A Securitization Trustee may at any time resign and be discharged from the trusts created by this 1997-A Securitization Trust Agreement by giving at least 30 days' prior written notice thereof to the Servicer and the NoteholdersTransferor. Upon receiving such notice of resignation, the Servicer Transferor shall promptly appoint a successor Trustee acceptable to the Noteholders by written instrument, in duplicate, one copy of which instrument shall be delivered to the resigning Trustee and one copy to the successor Trustee. If no successor Trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee.

Resignation or Removal of Trustee. (a) The Trustee may at any time resign and be discharged from the trusts trust hereby created by this Agreement by giving at least 30 days' prior written notice thereof to the Servicer Transferor, the Servicer, CP Issuer and the NoteholdersRating Agencies. Upon receiving such notice of resignation, the Servicer shall promptly appoint a successor Trustee acceptable to the Noteholders trustee by written instrument, in duplicate, one copy copies of which instrument shall be delivered to the resigning Trustee and one copy to Trustee, the successor Trusteetrustee, the Transferor and the Rating Agencies. If no successor Trustee trustee shall have been so appointed and have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trusteetrustee.