Appointment of Administrators. (a) The Administrators 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 Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, 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 Administrator.
Appears in 3 contracts
Samples: Trust Agreement (Keycorp Institutional Capital A), Trust Agreement (First Union Institutional Capital Ii), Trust Agreement (Keycorp Institutional Capital B)
Appointment of Administrators. (a) The Administrators shall be appointed by the Holder of the Common Securities Securityholder and may be removed by the Holder of the Common Securities Securityholder at any time. Each Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder Securityholder who has been a Holder Securityholder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more AdministratorAdministrators.
Appears in 3 contracts
Samples: Trust Agreement (Providian Financial Corp), Trust Agreement (Usf&g Corp), Agreement (Usf&g Corp)
Appointment of Administrators. (a) The Administrators shall be appointed by the Common Security Holder of the Common Securities and may be removed by the Common Security Holder of the Common Securities at any time. Each Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Security Holder who has been a Security Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more AdministratorAdministrators.
Appears in 1 contract
Samples: Trust Agreement (Diamond Foods Inc)
Appointment of Administrators. (a) The Administrators shall be appointed by the Common Security Holder of the Common Securities and may be removed by the Common Security Holder of the Common Securities at any time. Each Administrator shall either execute a counterpart of this Trust Agreement or sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Security Holder who has been a Security Holder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more AdministratorAdministrators.
Appears in 1 contract
Samples: Trust Agreement (Metrocorp Inc)
Appointment of Administrators. (a) The Administrators shall be appointed by the Holder of the Common Securities Securityholder and may be removed by the Holder of the Common Securities Securityholder at any time. Each Administrator shall sign an agreement agreeing to comply with the terms of this Trust Agreement. If at any time there is no Administrator, the Property Trustee or any Holder Securityholder who has been a Holder Securityholder of Trust Securities for at least six months may petition any court of competent jurisdiction for the appointment of one or more Administrator.
Appears in 1 contract
Samples: Trust Agreement (First Union Corp)