Common use of Acceptance of Appointment by Successor Trustee Clause in Contracts

Acceptance of Appointment by Successor Trustee. Any successor Trustee appointed hereunder shall execute an instrument accepting such appointment hereunder and shall deliver one counterpart, in case of a resignation, to the retiring Trustee. Thereupon such successor Trustee shall, without any further act, become vested with all the estates, properties, rights, powers, trusts, and duties of its predecessor in the Trust hereunder with like effect as if originally named therein; but the retiring Trustee shall nevertheless, when requested in writing by the successor Trustee, execute and deliver an instrument or instruments conveying and transferring to such successor Trustee upon the trust herein expressed, all the estates, properties, rights, powers, and trusts of such retiring Trustee, and it shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such Trustee hereunder.

Acceptance of Appointment by Successor Trustee. Any successor Trustee appointed hereunder shall execute an instrument accepting such appointment hereunder and shall deliver one counterpart, in case of a resignation, to the retiring resigning Trustee. Thereupon such successor Trustee shall, without any further act, become vested with all the estates, properties, rights, powers, trusts, and duties of its predecessor in the Trust hereunder with like effect as if originally named therein; but the retiring resigning Trustee shall nevertheless, when requested in writing by the successor Trustee, execute and deliver an instrument or instruments conveying and transferring to such successor Trustee upon the trust herein expressed, all the estates, properties, rights, powers, and trusts of such retiring resigning Trustee, and it shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such Trustee hereunder.

Acceptance of Appointment by Successor Trustee. Any successor Trustee appointed hereunder shall execute an instrument accepting such appointment hereunder and shall deliver one counterpartfile such acceptance with the Trust records. Thereupon, in case of a resignation, to the retiring Trustee. Thereupon such successor Trustee shall, without any further act, become vested with all the estates, properties, rights, powers, trusts, trusts and duties of its predecessor in the Trust hereunder with like effect as if originally named thereinherein; but the provided, however, that a retiring or removed Trustee shall shall, nevertheless, when requested in writing by the successor Trustee, execute and deliver an instrument or instruments conveying and transferring to such successor Trustee upon under the trust herein expressed, Trust all the estates, properties, rights, powers, trusts and trusts duties of such retiring predecessor Trustee, and it shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such Trustee hereunder.

Acceptance of Appointment by Successor Trustee. Any successor Successor Trustee appointed hereunder shall execute an instrument accepting such appointment hereunder and shall deliver one counterpart, in case of a resignation, to the retiring Trustee. Thereupon such successor Successor Trustee shall, without any further act, become vested with all the estates, properties, rights, powers, trusts, and duties of its predecessor in the Trust hereunder with like effect as if originally named therein; but the retiring Trustee shall nevertheless, when requested in writing by the successor Successor Trustee, execute and deliver an instrument or instruments conveying and transferring to such successor Successor Trustee upon the trust herein expressed, all the estates, properties, rights, powers, and trusts of such retiring Trustee, and it shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such Trustee hereunder.

Acceptance of Appointment by Successor Trustee. Any successor Trustee appointed hereunder shall execute an instrument accepting such appointment hereunder and shall deliver one counterpartcounterpart thereof, to the retiring Trustee (in the case of a resignation, to the retiring Trustee). Thereupon such successor Trustee shall, without any further act, become vested with all the estates, properties, rights, powers, trusts, trusts and duties of its his predecessor in the Trust hereunder with like effect as if originally named thereinherein; but the any retiring Trustee shall nevertheless, when requested in writing by the successor Trustee, execute and deliver an instrument or instruments conveying and transferring to such successor Trustee upon the trust herein expressed, all the estates, properties, rights, powers, powers and trusts of such retiring Trustee, and it shall duly assign, transfer, transfer and deliver to such successor Trustee all property and money held by such Trustee him hereunder.

Acceptance of Appointment by Successor Trustee. Any successor Trustee trustee appointed hereunder shall execute execute, acknowledge and deliver to the Authority an instrument accepting such appointment hereunder appointment; and shall deliver one counterpart, in case of a resignation, to the retiring Trustee. Thereupon thereupon such successor Trustee shalltrustee, without any further act, deed or conveyance, shall become vested fully with all the estates, propertiesproperty, rights, powers, trusts, duties and duties obligations of its predecessor in the Trust hereunder trust with like effect as if originally named therein; but trustee herein. Upon request of such successor trustee, the retiring Trustee trustee ceasing to act and the Authority shall nevertheless, when requested in writing by the successor Trustee, execute and deliver an instrument or instruments conveying transferring and transferring confirming to such successor Trustee upon the trust herein expressed, trustee all the estates, propertiesproperty, rights, powers, powers and trusts hereunder of such retiring Trustee, the trustee so ceasing to act; and it the trustee so ceasing to act shall duly assign, transfer, pay and deliver turn over to such the successor Trustee trustee all property moneys and money securities at the time held by such Trustee hereunderit under provisions hereof.

Acceptance of Appointment by Successor Trustee. Any successor Trustee appointed hereunder shall execute an instrument accepting such appointment hereunder and shall deliver one counterpart, in case of a resignation, to the retiring Trustee. Thereupon such successor Trustee shall, without any further act, become vested with all the estates, properties, rights, powers, trusts, and duties of its predecessor in the Trust hereunder with like effect as if originally named therein; but the retiring Trustee shall nevertheless, when requested in writing by the successor Trustee, execute and deliver an instrument or instruments conveying and transferring to such successor Trustee upon the trust herein expressed, all the estates, properties, rights, powers, and trusts of such retiring former Trustee, and it shall duly assign, transfer, and deliver to such successor Trustee all property and money held by such Trustee hereunder.