Common use of Trustees Clause in Contracts

Trustees. The number of Trustees initially shall be four -------- (4) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 5 contracts

Samples: Trust Agreement (Applied Power Capital Trust Ii), Trust Agreement (Applied Power Capital Trust Ii), Trust Agreement (Applied Power Inc)

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Trustees. The number of Trustees initially shall be four -------- one (41) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware Delaware, or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements requirement of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A The Trustee may resign upon thirty (30) days' prior notice to the Depositor.

Appears in 4 contracts

Samples: Trust Agreement (Compass Bancshares Inc), Trust Agreement (Compass Bancshares Inc), Trust Agreement (Compass Bancshares Inc)

Trustees. The number of Trustees initially shall be four -------- two (42) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' prior notice to the Depositor, provided, however, such notice shall not be required if it is waived by the Depositor.

Appears in 4 contracts

Samples: Trust Agreement (Sce&g Trust I), Trust Agreement (Scana Corp), Trust Agreement (Scana Corp)

Trustees. The number of Trustees initially shall be four -------- one (41) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A The Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 4 contracts

Samples: Trust Agreement (Pikeville National Corp), Trust Agreement (Mellon Capital Iii), Trust Agreement (Keycorp Institutional Capital B)

Trustees. The number of Trustees initially shall be four -------- two (42) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 3 contracts

Samples: Trust Agreement (Teco Capital Trust Iii), Trust Agreement (Teco Capital Trust Iii), Trust Agreement (Teco Capital Trust Iii)

Trustees. The number of Trustees initially shall be four -------- one (41) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A The Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 2 contracts

Samples: Trust Agreement (Compass Trust Ii), Trust Agreement (Compass Trust Ii)

Trustees. The number of Trustees initially shall be four one -------- (41) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its it principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A The Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 2 contracts

Samples: Trust Agreement (Mellon Capital Iii), Trust Agreement (Mellon Capital Iii)

Trustees. The number of Trustees initially shall be four -------- (4) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Statutory Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 2 contracts

Samples: Trust Agreement (Actuant CORP Capital Trust II), Trust Agreement (Actuant CORP Capital Trust II)

Trustees. The number of Trustees initially shall be four -------- one (41) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Statutory Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its it principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A The Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 2 contracts

Samples: Trust Agreement (Mellon Financial Corp), Trust Agreement (Mellon Financial Corp)

Trustees. The number of Trustees initially shall be four -------- (4) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 2 contracts

Samples: Trust Agreement (Empire District Electric Trust Ii), Trust Agreement (Empire District Electric Trust Ii)

Trustees. The number of Trustees initially shall be four -------- (4) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Ncbe Capital Trust I)

Trustees. The number of Trustees initially shall be four -------- two (42) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Statutory Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Anchor Capital Funding Trust I)

Trustees. The number of Trustees initially shall be four -------- three (43) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Statutory Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' prior notice to the Depositor; provided, however, such notice shall not be required if it is waived by the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Popular North America Capital Trust I)

Trustees. The number of Trustees initially shall be four -------- three (43) and thereafter the number of Trustees trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trusteestrustees; provided, however, that to the extent required by the Business Trust Act, one Trustee trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee trustee at any time. A Trustee The trustees may resign upon thirty days' prior notice to the Depositor.

Appears in 1 contract

Samples: Proffitts Capital Trust I

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Trustees. The number of Trustees initially shall be four -------- (4) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall be either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee Any of the Trustees may resign upon thirty days' prior notice to the Depositor.

Appears in 1 contract

Samples: Trust Agreement (MBWM Capital Trust I)

Trustees. The number of Trustees trustees shall initially shall be four one -------- (4) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' 30 days prior notice to the Depositor; provided, however, that such notice shall not be required if it is waived by the -------- ------- Depositor.

Appears in 1 contract

Samples: Trust Agreement (Southern States Capital Trust Ii)

Trustees. The number of Trustees trustees shall initially shall be four -------- (4) one and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' 30 days prior notice to the Depositor; provided, however, that such notice shall not be required if it is waived by the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Southern States Capital Trust I)

Trustees. The number of Trustees initially shall be four -------- one (41) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A The Trustee may resign upon thirty days' prior notice to the Depositor. Section 7.

Appears in 1 contract

Samples: Trust Agreement (First Union Capital Iii)

Trustees. The number of Trustees initially shall be four -------- three (43) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' prior notice to the Depositor; provided, however, such notice shall not be required if it is waived by the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Banponce Trust Ii)

Trustees. The number of Trustees initially shall be four -------- two (42) and thereafter the number of Trustees trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trusteestrustees; provided, however, that to the extent required by the Business Trust Act, one Trustee trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee trustee at any time. A Trustee Any trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 1 contract

Samples: Provident Companies Inc /De/

Trustees. The number of Trustees initially shall be four -------- (4) and -------- thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Trustee may resign upon thirty days' prior notice to the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Wec Capital Trust Ii)

Trustees. The number of Trustees initially shall be four -------- three (43) and thereafter the number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by the Depositor Depositor, which may increase or decrease the number of Trustees; provided, however, that to the extent required by the Business Trust Act, one Trustee shall either be a natural person who is a resident of the State of Delaware or, if not a natural person, an entity which has its principal place of business in the State of Delaware and otherwise meets the requirements of applicable Delaware law. Subject to the foregoing, the Depositor is entitled to appoint or remove without cause any Trustee at any time. A Any Trustee may resign upon thirty days' prior notice to the Depositor, provided, however, such notice shall not be required if it is waived by the Depositor.

Appears in 1 contract

Samples: Trust Agreement (Banponce Trust Ii)

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