Common use of Separate Trustee; Replacement of Trustee Clause in Contracts

Separate Trustee; Replacement of Trustee. The Issuers may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall remove the Trustee if:

Appears in 35 contracts

Samples: Indenture (Global Operating LLC), Indenture (Regency Energy Partners LP), Indenture (Pacific Atlantic Terminals LLC)

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Separate Trustee; Replacement of Trustee. The Issuers Partnership may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the IssuersPartnership. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers Partnership shall remove the Trustee if:

Appears in 30 contracts

Samples: Indenture (Sunoco Logistics Partners Operations Lp), Indenture (Magellan Midstream Partners Lp), Indenture (Enbridge Energy Partners Lp)

Separate Trustee; Replacement of Trustee. The Issuers may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers. The Holders of a majority in aggregate principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall remove the Trustee if:

Appears in 13 contracts

Samples: Indenture (EXLP Leasing LLC), Satisfaction and Discharge of Indenture; Defeasance; Unclaimed Moneys (PSE Finance Corp), Indenture (Vanguard Natural Resources, LLC)

Separate Trustee; Replacement of Trustee. The Issuers Issuer may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the IssuersIssuer. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers Issuer shall remove the Trustee if:

Appears in 4 contracts

Samples: Indenture (Seadrill Partners LLC), MarkWest New Mexico LP, Seadrill Partners LLC

Separate Trustee; Replacement of Trustee. The Issuers may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall may remove the Trustee if:

Appears in 4 contracts

Samples: Indenture (Turkey Creek Pipeline, LLC), Indenture (Turkey Creek Pipeline, LLC), MPT Operating Partnership, L.P.

Separate Trustee; Replacement of Trustee. The Issuers Issuer may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuerstime. The Holders of a majority in aggregate principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Issuer and may appoint a successor Trustee. The Issuers Issuer shall remove the Trustee with respect to series of Debt Securities issued by such Issuer if:

Appears in 3 contracts

Samples: Indenture (Jacobs Solutions Inc.), Indenture (Jacobs Engineering Group Inc /De/), Indenture (Jacobs Engineering Group Inc /De/)

Separate Trustee; Replacement of Trustee. The Issuers Partnership may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the IssuersPartnership and each Guarantor with respect to such series. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers Partnership shall remove the Trustee if:

Appears in 3 contracts

Samples: Indenture (ONEOK Partners LP), Indenture (ONEOK Partners LP), Indenture (ONEOK Partners LP)

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Separate Trustee; Replacement of Trustee. The Issuers Issuer may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee or any successor hereafter appointed may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the IssuersIssuer. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers Issuer shall remove the Trustee if:

Appears in 2 contracts

Samples: MPLX Operations LLC, MPLX Operations LLC

Separate Trustee; Replacement of Trustee. The Issuers may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall remove the Trustee if:the

Appears in 2 contracts

Samples: Indenture (Markwest Energy Partners L P), Stonemor Florida Subsidiary LLC

Separate Trustee; Replacement of Trustee. The ---------------------------------------- Issuers may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall remove the Trustee if:

Appears in 1 contract

Samples: Plains All American Pipeline Lp

Separate Trustee; Replacement of Trustee. The Issuers ---------------------------------------- may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by giving notice to the Issuers. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and may appoint a successor Trustee. The Issuers shall remove the Trustee if:

Appears in 1 contract

Samples: Plains All American Pipeline Lp

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