Common use of Resignation and Removal of Trustee and Securities Administrator Clause in Contracts

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to the Master Servicer. If no successor trustee or successor securities administrator shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicable.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the The Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Depositor and Depositor, the Master Servicer, the Company and the Trustee or Securities Administrator, as applicable. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the resigning or Securities Administrator, as applicable, one copy to the successor trustee or the successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to each of the Master ServicerServicer and Servicers. If no successor trustee or successor securities administrator administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 thirty (30) days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicablerespectively.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to the Master Servicer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the The Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Depositor and Depositor, the Master Servicer, the Servicer and the Trustee or Securities Administrator, as applicable. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the resigning or Securities Administrator, as applicable, one copy to the successor trustee or the successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to each of the Master Servicer and the Servicer. If no successor trustee or successor securities administrator administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 thirty (30) days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicablerespectively.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or to the successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to the Master Servicer. If no successor trustee or successor securities administrator administrator, as applicable shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. | (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administratorSecurities Administrator, as applicable, one copy to the Certificate Insurer Master Servicer and one copy to the Master ServicerClass 1-A5 Certificate Insurer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to the Master Servicer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Depositor Trustee or the Securities Administrator, as applicable, the Depositor, any Cap Counterparty and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to each of the Master Servicer. If no successor trustee or successor securities administrator shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicable.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, and one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer and one copy to the Master Servicer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administratorSecurities Administrator, as applicable, one copy to the Certificate Insurer Master Servicer and one copy to the Master ServicerClass 2-A5 Certificate Insurer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the The Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Depositor and Depositor, the Master Servicer, the Servicer and the Trustee or Securities Administrator, as applicable. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the resigning or Securities Administrator, as applicable, one copy to the successor trustee or the successor securities administrator, as applicable, one copy to the Certificate Insurer ,and one copy to each of the Master Servicer and the Servicer. If no successor trustee or successor securities administrator administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 thirty (30) days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicablerespectively.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer Master Servicer and one copy to the Master ServicerCertificate Insurer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administratorSecurities Administrator, as applicable, one copy to the Certificate Insurer and one copy to the Master Servicer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.

Resignation and Removal of Trustee and Securities Administrator. (a) Each of the Trustee and the Securities Administrator may at any time resign and be discharged from the trust hereby created by giving written notice thereof to the Trustee or the Securities Administrator, as applicable, the Depositor and the Master Servicer. Upon receiving such notice of resignation, the Depositor will promptly appoint a successor trustee or a successor securities administratorSecurities Administrator, as applicable, by written instrument, one copy of which instrument shall be delivered to the resigning Trustee and the or resigning Securities Administrator, as applicable, one copy to the successor trustee or successor securities administrator, as applicable, one copy to the Certificate Insurer Master Servicer and one copy to the Master ServicerClass A4 Certificate Insurer. If no successor trustee or successor securities administrator Securities Administrator, as applicable, shall have been so appointed and shall have accepted appointment within 30 days after the giving of such notice of resignation, the resigning Trustee or resigning Securities Administrator, as applicable, may petition any court of competent jurisdiction for the appointment of a successor trustee or a successor securities administrator, as applicabletrustee.