Common use of Number of Issuer Trustees Clause in Contracts

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be two, provided that the Property Trustee and the Delaware Trustee may be the same Person, subject to the applicable eligibility requirements set forth herein. (b) If an Issuer Trustee ceases to hold office for any reason, or if the number of Issuer Trustees is increased pursuant to Section 8.17(a), a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Trust.

Number of Issuer Trustees. (a) The Subject to Section 8.9, the number of Issuer Trustees shall be two, provided that the Property Trustee and the Delaware Trustee may be the same Person, subject to the applicable eligibility requirements set forth herein. (b) If an Issuer Trustee ceases to hold office for any reason, or if the number of Issuer Trustees is increased pursuant to or decreased in accordance with the proviso in Section 8.17(a), a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Trust.

Number of Issuer Trustees. (a) The number of Issuer Trustees shall be twofour, provided that the Holder of all of the Common Securities by written instrument may increase or decrease the number of Administrative Trustees, provided further that the Property Trustee and the Delaware Trustee may be the same Person, subject to Person if the applicable eligibility Property Trustee meets the requirements set forth hereinin Section 8.7(c). (b) If an Issuer Trustee ceases to hold office for any reason, or if the number of Issuer Trustees is increased pursuant to Section 8.17(a), a vacancy shall occur. The vacancy shall be filled with an Issuer Trustee appointed in accordance with Section 8.10. (c) The death, resignation, retirement, removal, bankruptcy, incompetence or incapacity to perform the duties of an Issuer Trustee shall not operate to annul, dissolve or terminate the Issuer Trust.