Appointment of Additional Trustees Sample Clauses

Appointment of Additional Trustees. At any time or times for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Estate may at the time be located, the Owner Trustee, by an instrument in writing, may appoint one or more individuals or corporations to act as separate trustee or separate trustees of all or any part of the Trust Estate to the full extent that a local law makes it necessary for such separate trustee or separate trustees to act alone. No trustee shall be liable for the acts or omissions of any other trustee appointed hereunder.
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Appointment of Additional Trustees. 59. The Secretary of State may give a warning notice to the Trustees where—
Appointment of Additional Trustees. 20 ARTICLE X MISCELLANEOUS
Appointment of Additional Trustees. (a) At any time or times for the purpose of meeting any legal requirements of any jurisdiction in which any of the Trust Property may at the time be located, or if the Owner Trustee otherwise deems such appointment necessary for its own protection, the Board of Managers and the Owner Trustee shall have the power to appoint one or more individuals or corporations either to act as co-trustee, or co-trustees, jointly with the Owner Trustee of all or any part of the Trust Property or to act as separate trustee or separate trustees of all or any part of the Trust Property and to vest in such Person or Persons, in such capacity, such title to the Trust Property or any part thereof, and such rights, powers, duties, trusts or obligations as the Owner Trustee may consider necessary or desirable, subject to the other provisions of this Section 13.02.
Appointment of Additional Trustees. (a) At any time or times, for the purpose of meeting any legal requirements of any jurisdiction in which any of the Trust Property may at the time be located, the Owners and the Owner Trustee shall have the power to appoint one or more individuals or corporations either to act as co-trustee, or co-trustees, jointly with the Owner Trustee of all or any part of the Trust Property or to act as separate trustee or separate trustees of all or any part of the Trust Property and to vest in such person or persons, in such capacity, such title to the Trust Property or any part thereof, and such rights, powers, duties, trusts or obligations as the Owner Trustee may consider necessary or desirable, subject to the remaining provisions of this Section 9.02.
Appointment of Additional Trustees. At any time or times, for the purpose of conforming to any legal requirements, restrictions or conditions in any jurisdiction, or if the Trustee shall deem it necessary or prudent in the interest of the Holders of Outstanding Securities so to do, the Company and the Trustee shall have the power to appoint and, upon the request of the Trustee, the Company shall for such purpose join with the Trustee in the execution, delivery and performance of an indenture supplemental hereto and all other instruments and agreements necessary or proper (i) to appoint one or more Persons (in this Indenture called "Additional Trustees") approved by the Trustee, either to act as co-trustee or co-trustees jointly with the Trustee or to act as separate trustee or trustees for the purpose of exercising such rights and powers as may be provided in such supplemental indenture and (ii) to vest in any Additional Trustee any right or power of the Trustee hereunder, subject to the remaining provisions of this Section 614. Any such supplemental indenture shall include all provisions required to be included by the Trust Indenture Act of 1939 as then in effect with respect to the eligibility, qualification, rights, power, duties, obligations, liabilities and immunities of such Additional Trustee. The rights, powers, duties and obligations conferred or imposed upon the trustees or any of them shall be conferred or imposed upon and exercised or performed by the Trustee and any Additional Trustee jointly, as provided in such supplemental indenture or any such instrument and agreement, except to the extent that, under any law of any jurisdiction in which any particular act or acts are to be performed, the Trustee shall be incompetent or unqualified to perform such act or acts, in which event such rights, powers, duties and obligations shall be exercised and performed by the Additional Trustee. No Additional Trustee shall be given the power to authenticate Securities. In case the Company shall not have joined in the execution of such supplemental indenture or any such instruments or agreements within 15 days after the receipt by it of a written request so to do, or in case any Event of Default shall have occurred and be continuing, the Trustee alone shall have power to make such appointment. ARTICLE SEVEN Holders' Lists and Reports by Trustee and Company Section 701. Company to Furnish Trustee Names and Addresses of Holders. The Company will furnish or cause to be furnished to the Trustee
Appointment of Additional Trustees. At any time or times for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Property may at the time be located, the Trustee and the Administrator, acting jointly, by an instrument in writing, may appoint one or more individuals or other Persons approved by the Administrator and the Trustee to act as separate trustee or separate trustees of all or any part of the Trust Property to the full extent that local law makes it necessary or appropriate for such separate trustee or separate trustees to act alone. If the Administrator shall not have joined in such appointment within 15 days after the receipt of such request, the Trustee, acting alone, shall have the power to make such appointment.
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Appointment of Additional Trustees. The person or persons from time to time in office as trustees of the trust created under this agreement may, at any time or times, appoint additional or successor trustees of such trust. Upon the death, resignation, or refusal or inability to serve of the then acting trustee, if no successor trustee has been appointed by such departing trustee, settlor shall appoint a successor trustee, except that in no event shall the settlor be successor trustee.
Appointment of Additional Trustees. At any time or times for the purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Property may at the time be located, the Trustee, by an instrument in writing, may appoint one or more Persons to act as co-trustee(s) or separate trustee or separate trustees of all or any part of the Trust Property to the full extent that local law makes it necessary or appropriate for such co-trustee(s) or separate trustee or separate trustees to act alone.
Appointment of Additional Trustees. At any time or times for the ---------------------------------- purpose of meeting any legal requirements of any jurisdiction in which any part of the Trust Property may at the time be located, the Manager by an instrument in writing, may appoint one or more individuals or corporations to act as separate Trustee or separate Trustees of all or any part of the Trust Property to the full extent that local law makes it necessary or appropriate for such separate Trustee or separate Trustees to act alone.
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