Appointment of Trustees. (A) The power of appointing new trustees shall be vested in the Issuer but a trustee so appointed must in the first place be approved by the Borrower and subsequently by an Extraordinary Resolution or Written Resolution. A trust corporation may be appointed sole trustee hereof but subject thereto there shall be at least two trustees hereof one at least of which shall be a trust corporation. Any appointment of a new trustee hereof shall as soon as practicable thereafter be notified by the Trustee to the Principal Paying Agent and the other Agents and to the Noteholders. The Noteholders shall together have the power, exercisable by Extraordinary Resolution or Written Resolution, to remove any trustee or trustees for the time being hereof. The removal of any trustee shall not become effective unless the Borrower has given its prior written consent thereto and there remains a trustee hereof (being a trust corporation) in office after such removal.
Appointment of Trustees. The power of appointing new trustees of this Trust Deed shall be vested in the Issuer but no person shall be appointed who shall not previously have been approved by an Extraordinary Resolution. A trust corporation may be appointed sole trustee hereunder but subject thereto there shall be at least two trustees hereof one at least of which shall be a trust corporation. Any appointment of a new trustee hereof shall as soon as practicable thereafter be notified by the Issuer to the Paying Agents and to the Noteholders. The Noteholders shall together have the power, exercisable by Extraordinary Resolution, to remove any trustee or trustees for the time being hereof. The removal of any trustee shall not become effective unless there remains a trustee hereof (being a trust corporation) in office after such removal.
Appointment of Trustees. Each Xxxxxx Xxxx, acting at their respective Marae, in accordance with its own rules and procedures, may from time to time, appoint or remove its appointed Trustee.
Appointment of Trustees. 9 Section 2.7. Title to Trust Property..............................................................10
Appointment of Trustees. (a) The Trustees shall consist of three persons appointed by the Construction Association of Thunder Bay Inc. and three persons appointed by the Union. The Construction Association of Thunder Bay Inc. hereby appoints as the Trustees the persons whose names appear below opposite its own name: THE CONSTRUCTION ASSOCIATION OF THUNDER BAY INC. Xxxxxx Xxxxxx and Xxx Xxxxxx The Union hereby appoints as Trustees the following persons: THE BROTHERHOOD OF CARPENTERS AND JOINERS OF AMERICA, LOCAL UNION Young and Xxxxx The Construction Association of Thunder Bay Inc. shall have the right to appoint three Trustees and shall have the right from time to time to replace such Trustees or any one or more of them by notice in writing to the Trustees signed by the Secretary of the Association. The Union shall have the right to appoint three Trustees and shall have the right from time to time, to replace such trustees or any one or more of them, by notice in writing to the trustees signed by the Secretary of the Union, or its successors, as provided by the Constitution and Laws of the United Brotherhood of Carpenters and Joiners of America. The Trust Plan shall be administered by the Trustees under the name “Apprenticeship and Carpentry Industry Promo- tion Trust Fund” and the Trustees hereby accept the Trust and undertake to be bound by the terms of this Trust Agreement. Any person who is appointed a Trustee, before entering upon his duties, shall sign an acknowledgement of his and an undertaking and agreement to be bound by the terms of this said Trust Agreement. A Trustee may resign by notice in writing given to the Trustees.
Appointment of Trustees. There shall be eight Trustees, three of whom shall be representatives of the District (the "District Trustees"), three of whom shall be representatives of the Association (the "Association Trustees") and two of whom shall be representatives of the community (the "Community Trustees") appointed by the agreement of the other six Trustees. The Trustees shall be appointed according to the rules of the ProComp Agreement regarding the composition of the Board of Directors of the Teacher Compensation Trust Fund. The District Trustees shall be the Treasurer of the Board of Education, the Chief Financial Officer of the District and the Assistant Superintendent for Budget and Finance of the District. In the event that changes in the District’s organization eliminate such positions, the Board of Education shall designate equivalent positions.
Appointment of Trustees. The Employer hereby designates the following person or persons as Trustee(s) under the Trust:
Appointment of Trustees. (a) The Board shall appoint Trustees at any regularly scheduled or special meeting by a majority vote of the Trustees present at such meeting, provided a quorum is present. The Board shall provide for the nomination of candidates by the Participants and shall appoint Trustees from among the nominees submitted.
Appointment of Trustees. U.S. Bank Trust National Association is hereby designated as UTI Trustee and Administrative Trustee. Wilmington Trust Company is hereby designated as Delaware Trustee.
Appointment of Trustees. The Depositor hereby appoints the Trustees as trustees of the Trust, to have all the rights, powers and duties to the extent set forth herein, and the Trustees hereby accept such appointment. The Property Trustee hereby declares that it will hold the Trust Property in trust upon and subject to the conditions set forth herein for the benefit of the Trust and the
