Common use of Removal of Trustees Clause in Contracts

Removal of Trustees. Any Trustee serving hereunder can be removed by vote of the majority of the First Amendment - Trust II 1 other then serving Trustees. In the event of such removal, the successor trustee shall be appointed as provided in Section 8.3 of the Trust Agreement above.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Removal of Trustees. Any Trustee serving hereunder can be removed without cause by vote of the majority 3/4 of the First Amendment - remaining Trustees serving under this Trust II 1 other then serving TrusteesAgreement. In the event of such removal, the Board shall appoint a successor trustee shall be appointed as in the manner provided for in Section 8.3 8(C) of the Trust Agreement aboveAgreement.

Appears in 1 contract

Samples: Trust Agreement

Removal of Trustees. Any Trustee serving hereunder can be removed by vote of the majority of the First Third Amendment - to Trust II I 1 other then serving Trustees. In the event of such removal, the successor trustee shall be appointed as provided in Section 8.3 9.3 of the Trust Agreement above.

Appears in 1 contract

Samples: Trust Agreement

Removal of Trustees. Any Trustee serving hereunder can be removed by vote of the majority Board of Directors or other governing body of the First Amendment - Trust II 1 other then serving TrusteesXxxxxxxx. In the event of such removal, the Board of Directors or other governing body of the Xxxxxxxx, shall appoint his or her successor trustee shall be appointed as in the manner provided for in Section 8.3 of the this Trust Agreement aboveAgreement.

Appears in 1 contract

Samples: Trust Agreement

AutoNDA by SimpleDocs

Removal of Trustees. Any Trustee serving hereunder can be removed by vote of the majority Board of Directors or other governing body of the First Amendment - Trust II 1 other then serving TrusteesXxxxxxxx. In the event of such removal, the Board of Directors or other governing body of the Xxxxxxxx, shall appoint his or her successor trustee shall be appointed as in the manner provided for in Section 8.3 9.3 of the this Trust Agreement aboveAgreement.

Appears in 1 contract

Samples: Trust Agreement

Removal of Trustees. Any Trustee serving hereunder can be removed without cause by vote of the a majority of the First Amendment - Board or 3/4 of the remaining Trustees serving under this Trust II 1 other then serving TrusteesAgreement. In the event of such removal, the Board shall appoint a successor trustee shall be appointed as in the manner provided for in Section 8.3 8(C) of the Trust Agreement aboveAgreement.

Appears in 1 contract

Samples: Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!