Common use of Powers and Duties of Successor Trustee Clause in Contracts

Powers and Duties of Successor Trustee. A successor Trustee shall have all the rights, privileges, powers, and duties of the predecessor Trustee under this Agreement and the Plan.

Appears in 3 contracts

Samples: Liquidating Trust Agreement, Liquidating Trust Agreement, Liquidating Trust Agreement

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Powers and Duties of Successor Trustee. A successor Trustee shall have all the rights, privileges, powers, and duties of the his predecessor Trustee under this Agreement and the Plan.

Appears in 3 contracts

Samples: Liquidating Trust Agreement, Liquidating Trust Agreement (Circuit City Stores Inc), Liquidating Trust Agreement

Powers and Duties of Successor Trustee. A successor Trustee shall have all the rights, privileges, powers, and duties of the its predecessor Trustee under this Agreement and the Plan. Notwithstanding anything to the contrary herein, a removed or resigning Trustee shall, when requested in writing by the successor Trustee, execute and deliver an instrument or, instruments conveying and transferring to such successor Trustee under the Trust all the estates, properties, rights, powers, and trusts of such predecessor Trustee.

Appears in 1 contract

Samples: Gpor Distribution Trust Agreement (GPOR Distribution Trust)

Powers and Duties of Successor Trustee. A successor Trustee shall have all the rights, privileges, powers, and duties of the his, her or its predecessor Trustee under this Agreement and Agreement, the Plan, and Confirmation Order.

Appears in 1 contract

Samples: Liquidating Trust Agreement

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Powers and Duties of Successor Trustee. A successor Trustee shall have all the rights, privileges, powers, and duties of the its predecessor Trustee under this Agreement and Agreement, the Plan, and Confirmation Order.

Appears in 1 contract

Samples: Litigation Trust Agreement (Jennifer Convertibles Inc)

Powers and Duties of Successor Trustee. A successor Trustee shall have all the rights, privileges, powers, and duties of the his or her predecessor Trustee under this Agreement and the Plan.

Appears in 1 contract

Samples: Liquidating Trust Agreement (Nationsrent Companies Inc)

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