Removal of Trustees. A Trustee may be removed as a Trustee at any time by the Trustor.
Appears in 6 contracts
Samples: Working Interest Trust Agreement (Clayton Williams Energy Inc /De), Working Interest Trust Agreement (Clayton Williams Energy Inc /De), Working Interest Trust Agreement (Clayton Williams Energy Inc /De)
Removal of Trustees. A Any Trustee may be removed as removed, with or without cause, and a successor Trustee may be appointed at any time by the TrustorMajority Holders and delivered to each other Trustee and the Issuer, and, in the case of the appointment of a successor Trustee, to such successor Trustee.
Appears in 2 contracts
Samples: Trust Indenture and Security Agreement (Noble Drilling Corp), Trust Indenture and Security Agreement (Noble Drilling Corp)
Removal of Trustees. A Any Trustee may be removed as (after giving each Trustee thirty (30) days written notice of such removal), with or without cause, and a successor Trustee may be appointed at any time by the TrustorRequired Holders and delivered to each other Trustee and the Issuer, and, in the case of the appointment of a successor Trustee, to such successor Trustee.
Appears in 1 contract
Samples: Trust Indenture and Security Agreement (R&b Falcon Corp)
