Common use of Term; Resignation Clause in Contracts

Term; Resignation. (a) Wilmington Trust Company has been appointed and hereby agrees to continue to serve as the Trustee of the Trust. The Trust shall have only one trustee unless otherwise determined by the Managing Owner. The Trustee shall serve until such time as the Managing Owner removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner in accordance with the terms of Section 2.5 hereof.

Appears in 8 contracts

Samples: Trust Agreement (World Monitor Trust Ii Series E), Trust Agreement (World Monitor Trust Ii Series F), Trust Agreement (World Monitor Trust Series B)

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Term; Resignation. (ai) Wilmington Trust Company has been appointed and hereby agrees to continue has agreed to serve as the Trustee of the Trust. The Trust shall have only one trustee unless otherwise determined by the Managing Owner. The Trustee shall serve until such time as the Managing Owner removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner in accordance with the terms of Section 2.5 3(e) hereof.

Appears in 1 contract

Samples: Declaration and Agreement (Rjo Global Trust)

Term; Resignation. (a) Wilmington Trust Company has been appointed and hereby agrees to continue to serve as the initial Trustee of the Trust. The Trust shall have only one trustee unless otherwise determined by the Managing OwnerSponsor. The Trustee shall serve until such time as the Managing Owner Sponsor removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner Sponsor in accordance with the terms of Section 2.5 hereof.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (AirShares(TM) EU Carbon Allowances Fund)

Term; Resignation. (ai) Wilmington Trust Company has been appointed and hereby agrees to continue has agreed to serve as the Trustee of the Trust. The Trust shall have only one trustee unless otherwise determined by the Managing Owner. The Trustee shall serve until such time as the Managing Owner removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner in accordance with the terms of Section 2.5 2(e) hereof.

Appears in 1 contract

Samples: Declaration and Agreement (JWH Global Trust)

Term; Resignation. (a) Wilmington Trust Company has been is hereby appointed and hereby agrees to continue to serve as the Trustee of the Trust. The Trust shall have only one trustee unless otherwise determined by the Managing Owner. The Trustee shall serve until such time as the Managing Owner removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner in accordance with the terms of Section 2.5 hereof.

Appears in 1 contract

Samples: Trust Agreement (Diversified Futures Trust I)

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Term; Resignation. (a) The parties confirm that Wilmington Trust Company has been appointed and hereby agrees to continue to serve as the Trustee of the TrustTrust and has accepted such appointment. The Trust shall have only one trustee unless otherwise determined by the Managing OwnerManager. The Trustee shall serve until such time as the Managing Owner Manager removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner in accordance with the terms of Section Sections 2.1(b) or 2.5 hereof.

Appears in 1 contract

Samples: Trust and Trust Agreement (MLM Index Fund)

Term; Resignation. (a) Wilmington Trust Company has been appointed and hereby agrees to continue to serve as the Trustee of the Trust. The Trust shall have only one trustee Trustee unless otherwise determined by the Managing Owner. The Trustee shall serve until such time as the Managing Owner removes the Trustee or the Trustee resigns and a successor Trustee is appointed by the Managing Owner in accordance with the terms of Section 2.5 hereof.

Appears in 1 contract

Samples: Participant Agreement

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