Appointment of Administrative Trustees. (a) Whenever a vacancy in the number of Administrative Trustees shall occur, until such vacancy is filled by the appointment of an Administrative Trustee in accordance with this Section 8.20, the Administrative Trustees in office, regardless of their number (and notwithstanding any other provision of this Agreement), shall have all the powers granted to the Administrative Trustees and shall discharge all the duties imposed upon the Administrative Trustees by this Trust Agreement.
Appears in 4 contracts
Samples: Trust Agreement (Everest Reinsurance Holdings Inc), Trust Agreement (Everest Re Group LTD), Trust Agreement (Everest Re Capital Trust)