Common use of Additional Trustee Provisions Clause in Contracts

Additional Trustee Provisions. These additional provisions shall apply regarding Trustee: A. Grantor as Trustee. If at any time Grantor is Trustee, Grantor may appoint a successor Trustee, to become effective immediately or upon any stated contingency, by making such designation in writing. Such designee shall become the successor Trustee upon acceptance of the terms and conditions of this Agreement.

Additional Trustee Provisions. These additional provisions shall apply regarding the Trustee:. A. Grantor Grantor(s) as Trustee. If at any time Grantor is either or both Grantors are "Trustee", Grantor may appoint a successor Trusteetrustee may be designated by such Grantor Trustee(s), to become effective immediately or upon any stated contingency, by making if such designation is made in writing. Such designee shall become the successor Trustee trustee upon acceptance of the terms and conditions of this Agreement.