Common use of Removal of the Advisor Clause in Contracts

Removal of the Advisor. Upon thirty (30) days prior written notice to the Advisor, the Advisor may be removed by the Trustee. Any transaction for the Subaccount entered into by the Advisor prior to the notice of termination shall be consummated unless the Trustee directs otherwise and the Advisor shall not enter into any transaction for the Subaccount subsequent to the receipt of the notice.

Removal of the Advisor. Upon thirty fifteen (3015) days days’ prior written notice to the Advisor (or, in the event of a material compliance or other issues that, in the Trustee’s judgment warrant immediate termination, upon written notice to the Advisor), the Advisor may be removed by the Trustee. Any Except as the Trustee may otherwise instruct the Advisor, any transaction for the Subaccount entered into authorized by the Trustee prior to the receipt by the Advisor prior to of the notice of termination shall be consummated unless the Trustee directs otherwise consummated, and the Advisor shall not enter into recommend any transaction for the Subaccount subsequent to the Advisor’s receipt of the notice.

Removal of the Advisor. Upon thirty fifteen (3015) days prior written notice to the AdvisorAdvisor (or immediately if for cause), the Advisor may be removed by the Trustee. Any transaction for the Subaccount entered into authorized by the Trustee prior to the receipt by the Advisor prior to of the notice of termination shall be consummated unless the Trustee directs otherwise consummated, and the Advisor shall not enter into recommend any transaction for the Subaccount subsequent to the Advisor’s receipt of the notice.