Resignation or Removal of Trustee. (a) A Trustee appointed to office shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement or until its termination, removal or resignation.
Appears in 57 contracts
Samples: Trust Agreement, Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
Resignation or Removal of Trustee. (a) A Trustee appointed to office shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement or until its termination, removal or resignation.
Appears in 10 contracts
Samples: Trust Agreement (MacroShares Housing Depositor, LLC), Trust Agreement (MacroShares Major Metro Housing Down Trust), Trust Agreement (MacroShares Major Metro Housing Up Trust)