Common use of Appointment of Administrative Trustees Clause in Contracts

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx X. Xxxxxxx, an individual, and Xxxxx X. Xxxxxx, an individual, and their successors shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities at any time. Each Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative Trustee.

Appears in 8 contracts

Samples: Trust Agreement (KeyCorp Capital VIII), Trust Agreement (KeyCorp Capital VIII), Trust Agreement (Keycorp /New/)

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Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx X. XxxxxxxXxxxxx, an individual, and Xxxxx Xxxxxx X. XxxxxxXxxxxxxxx, an individual, and their successors shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities at any time. Each Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative Trustee.

Appears in 3 contracts

Samples: Trust Agreement (Citizens Funding Trust II), Trust Indenture Trust Agreement (Citizens Banking Corp), Trust Indenture Trust Agreement (Citizens Funding Trust IV)

Appointment of Administrative Trustees. (a) The Administrative Trustees Trustee shall initially be Xxxxxx X. XxxxxxxW. Fxxxx Xxxley and Young J. Bxxxxx, an individual, and Xxxxx X. Xxxxxx, an individualXXI, and their successors shall be appointed by the Holder of all the Common Securities and Securities. The Administrative Trustees may resign or be removed by the Holder of all the Common Securities at any time. Each Upon any resignation or removal of an Administrative Trustee Trustee, the Depositor shall sign an agreement agreeing to comply with the terms of this Trust Agreementappoint a successor Administrative Trustee. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative TrusteeTrustees.

Appears in 3 contracts

Samples: Trust Agreement (Colonial Bancgroup Inc), Trust Agreement (Colonial Capital Ii), Trust Agreement (Colonial Bancgroup Inc)

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx Danixx X. Xxxxxxx, an xx individual, and Xxxxx Louix X. Xxxxxx, an xx individual, and their successors shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities at any time. Each Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative Trustee.

Appears in 3 contracts

Samples: Trust Agreement (Keycorp Capital Ii), Trust Indenture Trust Agreement (Keycorp Capital I), Trust Agreement (Keycorp Capital Iii)

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be ) Xxxxxx X. Xxxxxxx, an individual, and Xxxxx X. Xxxxxx, an individual, and their successors shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities at any time. Each Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative Trustee.

Appears in 1 contract

Samples: Trust Agreement (Keycorp /New/)

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx X. Xxxxxxx, an individual, _____________and Xxxxx X. Xxxxxx, an individual____________, and their successors shall be appointed by the Holder of all the Common Securities and Securities. The Administrative Trustees may resign or be removed by the Holder of all the Common Securities at any time. Each Upon any resignation or removal of an Administrative Trustee Trustee, the Depositor shall sign an agreement agreeing to comply with the terms of this Trust Agreementappoint a successor Administrative Trustee. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative TrusteeTrustees.

Appears in 1 contract

Samples: Trust Agreement (Southern States Capital Trust I)

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx X. XxxxxxxAxxx Xxxx, an individual, Dxxxx Xxxx, an individual, and Xxxxx X. XxxxxxVxxxxxxx Foo, an individual, and their successors shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities at any time. Each Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative Trustee.

Appears in 1 contract

Samples: Trust Agreement (Goldman Sachs Group Inc/)

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Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx X. Xxxxxxx, an individual, and Xxxxx X. Xxxxxx, an individual, and their successors shall be appointed by the Holder Holders of a majority in Liquidation Amount of the Common Securities Securities, and they may resign or be removed by the Holder Holders of a majority in Liquidation Amount of the Common Securities at any time. Each Upon any resignation or removal, the Depositor shall appoint a successor Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust AgreementTrustee. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative TrusteeTrustees.

Appears in 1 contract

Samples: Boise Cascade Corp

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxxxx X. Xxxxxxx[*], an individual, [*], an individual, and Xxxxx X. Xxxxxx[*], an individual, and their successors shall be appointed by the Holder of the Common Securities and may be removed by the Holder of the Common Securities at any time. Each Administrative Trustee shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative Trustee.

Appears in 1 contract

Samples: Trust Agreement (Comerica Capital Trust Ii)

Appointment of Administrative Trustees. (a) The Administrative Trustees Trustee shall initially be Xxxxxx X. Xxxxxxx, an individual, [Name] and Xxxxx X. Xxxxxx, an individual[Name], and their successors shall be appointed by the Holder of all the Common Securities and Securities. The Administrative Trustees may resign or be removed by the Holder of all the Common Securities at any time. Each Upon any resignation or removal of an Administrative Trustee Trustee, the Depositor shall sign an agreement agreeing to comply with the terms of this Trust Agreementappoint a successor Administrative Trustee. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative TrusteeTrustees.

Appears in 1 contract

Samples: Trust Agreement (DPL Inc)

Appointment of Administrative Trustees. (a) The Administrative Trustees shall initially be Xxxx X. Xxxxx and Xxxxxx X. Xxxxxxx, an individual, and Xxxxx X. Xxxxxx, an individualXxxxxxxxxx, and their successors shall be appointed by the Holder of all the Common Securities and Securities. The Administrative Trustees may resign or be removed by the Holder of all the Common Securities at any time. Each Upon any resignation or removal of an Administrative Trustee Trustee, the Depositor shall sign an agreement agreeing to comply with the terms of this Trust Agreementappoint a successor Administrative Trustee. If at any time there is no Administrative Trustee, the Property Trustee or any Holder who has been a Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrative TrusteeTrustees.

Appears in 1 contract

Samples: Trust Agreement (Bt Capital Trust B)

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