Common use of Resignation or Removal of Trustee Clause in Contracts

Resignation or Removal of Trustee. (a) Pursuant to the provisions of this Article, the Trustee may at any time resign and be discharged of the trusts created by this Indenture by giving written notice to the Company specifying the day upon which such resignation shall take effect, and such resignation shall take effect immediately upon the later of the appointment of a successor trustee and such day.

Appears in 25 contracts

Samples: Indenture (KCPL Financing Ii), Indenture (Kansas City Power & Light Co), Indenture (Great Plains Energy Inc)

AutoNDA by SimpleDocs

Resignation or Removal of Trustee. (a) Pursuant to the provisions of this Article, the Trustee may at any time resign and be discharged of the trusts created by this Indenture by giving at least 30 days prior written notice to the Company specifying the day upon which such resignation shall take effect, and such resignation shall take effect immediately upon the later of the appointment of a successor trustee and such day.

Appears in 5 contracts

Samples: Indenture (Pennsylvania Electric Co), Indenture (Met Ed Capital Trust), Indenture (Gpu Inc /Pa/)

Resignation or Removal of Trustee. (a) Pursuant to the provisions of this Article, the Trustee may at any time resign and be discharged as Trustee with respect to the Notes of the trusts created by this Indenture any series by giving written notice to the Company specifying the day upon which such resignation shall take effect, and such resignation shall take effect immediately upon the later of the appointment of a successor trustee and such specified day.

Appears in 3 contracts

Samples: Indenture (Great Plains Energy Inc), Indenture (Great Plains Energy Inc), Great Plains Energy Inc

Resignation or Removal of Trustee. (a) Pursuant to the provisions of this Article, the The Trustee may at any time resign and be discharged of from the trusts trust hereby created by this Indenture by giving written notice thereof to the Company specifying the day upon which such resignation shall take effect, and such resignation shall take effect immediately upon the later of the appointment of a successor trustee and such day.the

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wheeling Pittsburgh Corp /De/)

AutoNDA by SimpleDocs

Resignation or Removal of Trustee. (a) Pursuant to the provisions of this Article, the Trustee may at any time resign with respect to Securities of any series and be discharged of the trusts with respect to such Securities created by this Indenture by giving written notice to the Company specifying the day upon which such resignation shall take effect, and such resignation shall take effect immediately upon the later of the appointment of a successor trustee and such day.

Appears in 1 contract

Samples: Xcel Energy Inc

Resignation or Removal of Trustee. (a) Pursuant to the provisions of this ArticleTwentieth Supplemental Indenture, the Trustee may at any time resign and be discharged of the trusts created by this the Indenture by giving written notice to the Company specifying the day upon which such resignation shall take effect, and such resignation shall take effect immediately upon the later of the appointment of a successor trustee and such day.

Appears in 1 contract

Samples: Providence Gas Co

Time is Money Join Law Insider Premium to draft better contracts faster.