Common use of Appointment, Removal and Resignation of Capital Securities Guarantee Trustee Clause in Contracts

Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event of Default.

Appears in 80 contracts

Samples: Capital Securities Guarantee Agreement (First Midwest Bancorp Inc), Capital Securities Guarantee Agreement (Bank of America Corp /De/), Securities Guarantee Agreement (BAC Capital Trust XX)

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Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b4.02(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during the continuance of an Event of Default.

Appears in 2 contracts

Samples: K N Capital Trust One, K N Capital Trust One

Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b4.2(c), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event of Default.

Appears in 1 contract

Samples: Capital Securities Guarantee Agreement (Yardville Capital Trust Ii)

Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event of DefaultGuarantor.

Appears in 1 contract

Samples: Securities Guarantee Agreement (HSBC Finance Capital Trust IX)

Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event event of Defaultdefault.

Appears in 1 contract

Samples: Securities Guarantee Agreement (Nb Capital Trust V)

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Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event of Default. Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be removed by the holders of a Majority in liquidation amount of the Series B Capital Securities during an Event of Default.

Appears in 1 contract

Samples: Securities Guarantee Agreement (Premier Bancorp Inc /Pa/)

Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an a Guarantee Event of Default.

Appears in 1 contract

Samples: Securities Guarantee Agreement (Equitable of Iowa Companies Capital Trust Ii)

Appointment, Removal and Resignation of Capital Securities Guarantee Trustee. (a) Subject to Section 4.2(b), the Capital Securities Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor except during an Event of Default. 18 (b) The Capital Securities Guarantee Trustee shall not be removed in accordance with Section 4.2(a) until a Successor Capital Securities Guarantee Trustee has been appointed and has accepted such appointment by written instrument executed by such Successor Capital Securities Guarantee Trustee and delivered to the Guarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Executive Risk Capital Trust)

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