Removal by Registered Owners. Registered Owners of at least two-thirds (66-2/3 %) of the Shares then outstanding may at any time remove the Trustee by a notice delivered to the Trustee and Sponsor, and such removal shall take effect upon the appointment of a successor trustee and its acceptance of such appointment.
Appears in 15 contracts
Samples: Depositary Trust Agreement (Currencyshares Chinese Renminbi Trust), Trust Agreement (Currencyshares Chinese Renminbi Trust), Depositary Trust Agreement (Currencyshares Chinese Renminbi Trust)
Removal by Registered Owners. Registered Owners of at least two-thirds (66-66- 2/3 %) of the Shares then outstanding may at any time remove the Trustee by a notice delivered to the Trustee and Sponsor, and such removal shall take effect upon the appointment of a successor trustee and its acceptance of such appointment.
Appears in 1 contract
Samples: Depositary Trust Agreement (CurrencyShares Hong Kong Dollar Trust)
