APPOINTMENT OF NEW TRUSTEE. If the Trustee so resigns or is so removed or is dissolved, becomes bankrupt, goes into liquidation or otherwise becomes incapable of acting hereunder, the Company will forthwith appoint a new Trustee, unless a new Trustee has already been appointed by the Special Warrantholders.
Appears in 2 contracts
Samples: Special Warrant Indenture (Ivanhoe Energy Inc), Special Warrant Indenture (Ivanhoe Energy Inc)
APPOINTMENT OF NEW TRUSTEE. If the Trustee so resigns or is so removed or is dissolved, becomes bankrupt, goes into liquidation or otherwise becomes incapable of acting hereunder, the Company Corporation will forthwith appoint a new Trustee, unless a new Trustee has already been appointed by the Special Warrantholders.
Appears in 2 contracts
Samples: Special Warrant Indenture, Nord Resources (Nord Resources Corp)