Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee. (b) The Company shall provide written notice of its appointment of a successor Trustee to the Holder of each Note Outstanding following any such appointment. (c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee. (d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 hereof and qualified under Section 9.08 hereof.
Appears in 6 contracts
Samples: Indenture (Union Electric Co), Indenture (Jersey Central Power & Light Co), Indenture (Penelec Capital Trust)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding Security outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a8.11(a) hereof within 60 days after appointment shall be required, any Noteholder Securityholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 8.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 8.9 hereof and qualified under Section 9.08 8.8 hereof.
Appears in 5 contracts
Samples: Indenture (Northern States Power Co /Wi/), Indenture (Northern States Power Co /Mn/), Indenture (Northern States Power Co /Mn/)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 hereof and qualified under Section 9.08 hereof.
Appears in 4 contracts
Samples: Indenture for Subordinated Debt Securities (Great Plains Energy Inc), Indenture (Great Plains Energy Inc), Indenture (Ameren Corp)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 hereof and qualified under Section 9.08 hereof.
Appears in 2 contracts
Samples: Indenture (Central Illinois Public Service Co), Indenture (Oklahoma Gas & Electric Co)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning retiring Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 hereof and qualified under Section 9.08 hereof.
Appears in 2 contracts
Samples: Indenture for Subordinated Debt Securities (Kansas City Power & Light Co), Indenture for Senior Debt Securities (KCPL Financing Ii)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, Company shall promptly appoint a successor Trustee.
(b) The Company successor Trustee shall provide written notice of its appointment of a successor Trustee to the Holder of each Note Outstanding outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a10.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 10.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 10.9 hereof and qualified under Section 9.08 10.8 hereof.
Appears in 2 contracts
Samples: Indenture of Trust (Florida Public Utilities Co), Indenture of Trust (Florida Public Utilities Co)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, Company shall promptly appoint a successor Trustee.
(b) The Company successor Trustee shall provide written notice of its appointment of a successor Trustee to the Holder of each Note Outstanding outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 hereof and qualified under Section 9.08 hereof.
Appears in 2 contracts
Samples: Indenture (Puget Sound Energy Inc), Indenture (Puget Sound Energy Inc)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply at the expense of the Company to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 hereof and qualified under Section 9.08 hereof.
Appears in 1 contract
Samples: Indenture (Great Plains Energy Inc)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a8.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 8.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 8.09 hereof and qualified under Section 9.08 8.08 hereof.. SECTION
Appears in 1 contract
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Trustee to the Holder of each Note Outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a8.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 8.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 8.09 hereof and qualified under Section 9.08 8.08 hereof.
Appears in 1 contract
Samples: Indenture (Pennsylvania Electric Co)
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding Security outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a8.11(a) hereof within 60 days after appointment shall be required, any Noteholder Security holder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 8.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 8.09 hereof and qualified under Section 9.08 8.08 hereof.
Appears in 1 contract
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, shall promptly appoint a successor Trustee.
(b) The Company shall provide written notice of its appointment of a successor Successor Trustee to the Holder of each Note Outstanding outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 9.9 hereof and qualified under Section 9.08 9.8 hereof.
Appears in 1 contract
Appointment of Successor Trustee. (a) If at any time the Trustee shall resign or be removed, the Company, by a Board Resolution, Company shall promptly appoint a successor Trustee.
(b) The Company successor Trustee shall provide written notice of its appointment of a successor Trustee to the Holder of each Note Outstanding outstanding following any such appointment.
(c) If no appointment of a successor Trustee shall be made pursuant to Section 9.11(a) hereof within 60 days after appointment shall be required, any Noteholder or the resigning Trustee may apply to any court of competent jurisdiction to appoint a successor Trustee. Said court may thereupon after such notice, if any, as such court may deem proper and prescribe, appoint a successor Trustee.
(d) Any Trustee appointed under this Section 9.11 as a successor Trustee shall be a bank or trust company eligible under Section 9.09 9.9 hereof and qualified under Section 9.08 9.8 hereof.
Appears in 1 contract
