Common use of Removal Clause in Contracts

Removal. The Voting Consultant may be removed by the Purchaser upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunder.

Appears in 74 contracts

Samples: Voting Trust Agreement (Wells Fargo & Company/Mn), Voting Trust Agreement (Wells Fargo & Company/Mn), Voting Trust Agreement (Wells Fargo & Company/Mn)

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Removal. The Voting Consultant may be removed by the Purchaser upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful willful misconduct in the performance of its obligations hereunder.

Appears in 44 contracts

Samples: Voting Trust Agreement (Bank of America Corp /De/), Voting Trust Agreement (Bank of America Corp /De/), Voting Trust Agreement (Bank of America Corp /De/)

Removal. The Voting Consultant may be removed by the Purchaser Purchasers upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunder.

Appears in 11 contracts

Samples: Voting Trust Agreement (Wells Fargo & Company/Mn), Voting Trust Agreement (Wells Fargo & Company/Mn), Voting Trust Agreement (Wells Fargo & Company/Mn)

Removal. The Voting Consultant may be removed by the either Purchaser upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunder.

Appears in 9 contracts

Samples: Voting Trust Agreement (Bank of America Corp /De/), Voting Trust Agreement (Bank of America Corp /De/), Voting Trust Agreement (Bank of America Corp /De/)

Removal. The Voting Consultant may be removed by the Purchaser upon 30 days days’ prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which that constitutes bad faith, gross negligence or wilful willful misconduct in the performance of its obligations hereunder.

Appears in 6 contracts

Samples: Voting Trust Agreement (Toronto Dominion Bank), Voting Trust Agreement (Toronto Dominion Investments, Inc.), Voting Trust Agreement (Toronto Dominion Investments, Inc.)

Removal. The Voting Consultant may be removed by the Purchaser (x) upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunderhereunder and (y) otherwise with the prior written consent of the Fund in accordance with Section 14 below.

Appears in 5 contracts

Samples: Voting Trust Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Voting Trust Agreement (Blackrock Muniyield New Jersey Fund, Inc.), Voting Trust Agreement (Blackrock Muniyield Pennsylvania Quality Fund)

Removal. The Voting Consultant may be removed by the Purchaser upon 30 days days’ prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which that constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunder.

Appears in 2 contracts

Samples: Voting Trust Agreement (Toronto Dominion Investments, Inc.), Voting Trust Agreement (Toronto Dominion Investments, Inc.)

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Removal. The Voting Consultant may be removed by the Purchaser upon 30 days days' prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which that constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunder.

Appears in 1 contract

Samples: Voting Trust Agreement (Toronto Dominion Investments, Inc.)

Removal. The Voting Consultant may be removed by the Purchaser Purchasers upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful willful misconduct in the performance of its obligations hereunder.

Appears in 1 contract

Samples: Voting Trust Agreement (Bank of America Corp /De/)

Removal. The Voting Consultant may be removed by the Purchaser (x) upon 30 days prior written notice upon either (i) a material breach by the Voting Consultant of its obligations hereunder or (ii) any action or inaction of the Voting Consultant which constitutes bad faith, gross negligence or wilful misconduct in the performance of its obligations hereunderhereunder and (y) otherwise with the prior written consent of the Fund in accordance with Section 14 below (which consent will not be unreasonably withheld).

Appears in 1 contract

Samples: Voting Trust Agreement (Blackrock Municipal Income Investment Trust)

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