Appointment of Successor Trustees. In the event a Trustee has been removed or has given notice of its intention to resign, a successor Trustee shall be appointed by the Trustor within ten (10) days of the resignation of the prior Trustee. Notice of appointment of successor Trustee shall be given by the Trustee to each Unit Owner.
Appears in 6 contracts
Samples: Louisiana (Clayton Williams Energy Inc /De), Trust Agreement (Clayton Williams Energy Inc /De), Trust Agreement (Clayton Williams Energy Inc /De)