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

Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 402(b), the Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.

Appears in 8 contracts

Samples: Guarantee Agreement (Nevada Power Co), Guarantee Agreement (West Texas Utilities Co), Guarantee Agreement (Southwestern Electric Power Co)

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Appointment, Removal and Resignation of the Guarantee Trustee. (ai) Subject to Section 402(b4.2(b), the Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor.

Appears in 3 contracts

Samples: Guarantee Agreement (Lincoln National Corp), Agreement (Lincoln National Corp), Guarantee Agreement (Lincoln National Corp)

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Appointment, Removal and Resignation of the Guarantee Trustee. (a) Subject to Section 402(bSECTION 4.2(B), the Guarantee Trustee may be appointed or removed without cause at any time by the Guarantor, except during an Event of Default.

Appears in 2 contracts

Samples: Uici, Uici

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