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

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

Appears in 132 contracts

Samples: Preferred Securities Guarantee Agreement, Preferred Securities Guarantee Agreement (Protective Life Corp), Preferred Securities Guarantee Agreement (Protective Life Corp)

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Appointment, Removal and Resignation of Preferred Guarantee Trustees. (a) Subject to Section 4.2(b), the Preferred Guarantee Trustee may be appointed or removed without cause at any time by the GuarantorGuarantor except if an Event of Default shall have occurred and be continuing.

Appears in 2 contracts

Samples: Preferred Securities Guarantee Agreement (Travelers Insurance Group Holdings Inc), Preferred Securities Guarantee Agreement (Travelers Insurance Group Holdings Inc)

Appointment, Removal and Resignation of Preferred Guarantee Trustees. (a) Subject to Section 4.2(b4.3(b), unless an Event of Default shall have occurred and be continuing the Preferred Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.

Appears in 1 contract

Samples: Guarantee Agreement (Ohio Edison Financing Trust Ii)

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

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Owens Corning Capital Ii)

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

Appears in 1 contract

Samples: Preferred Securities Guarantee Agreement (Feg Holdings Inc)

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