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

Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(c), the Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.

Appears in 4 contracts

Samples: Preferred Securities Guarantee Agreement (Westcoast Hospitality Capital Trust), Preferred Securities Guarantee Agreement (Westcoast Hospitality Corp), Preferred Securities Guarantee Agreement (Yardville Capital Trust)

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Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(css. 4.2(b), the Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.

Appears in 4 contracts

Samples: Convertible Preferred Securities Guarantee Agreement (Calenergy Capital Trust Iii), Preferred Securities Guarantee Agreement (Calenergy Capital Trust Vi), Preferred Securities Guarantee Agreement (Calenergy Capital Trust Iii)

Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(c4.02(b), the Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.;

Appears in 2 contracts

Samples: Preferred Securities Guarantee Agreement (Bergen Brunswig Corp), Preferred Securities Guarantee Agreement (Bergen Brunswig Corp)

Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(c4.2(b), the Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor, except when an Event of Default has occurred and is continuing.

Appears in 2 contracts

Samples: Preferred Securities Guarantee Agreement (Proassurance Corp), Preferred Securities Guarantee Agreement (Proassurance Corp)

Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(c4.2(b), the Preferred Guarantee Trustee (or Successor Preferred Guarantee Trustee, as the case may be) may be appointed or removed without cause at any time by the Guarantor.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Kellogg Co)

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Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(c4.2(b), the Preferred Guarantee Trustee may be appointed or removed without cause by the Guarantor at any time by the Guarantorwhile there is no continuing Event of Default.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Potomac Electric Power Co)

Appointment, Removal and Resignation of Preferred Guarantee Trustee. (a) Subject to Section 4.2(c4.2(b), the Preferred Guarantee Trustee may be appointed or removed without cause at any time by either of the GuarantorGuarantors.

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Countrywide Financial Corp)

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