Common use of Replacement of the Trustee Clause in Contracts

Replacement of the Trustee. The Trustee may resign at any time with respect to any Series or Tranche of Securities by so notifying the Issuer not less than 60 days prior to the effective date of such resignation. The Holders of a majority in principal amount of the outstanding Securities of any Series or Tranche may remove the Trustee with respect to that Series or Tranche by so notifying the Trustee. The Issuer shall remove the Trustee if:

Replacement of the Trustee. The Trustee may resign at any time with respect to any Series or Tranche of Securities by so notifying the Issuer in writing not less than 60 30 days prior to the effective date of such resignation. The Holders of a majority in principal amount of the outstanding Securities of any Series or Tranche Notes may remove the Trustee with respect to that Series or Tranche by so notifying the Trusteeremoved Trustee in writing not less than 30 days prior to the effective date of such removal and may appoint a successor Trustee with the Issuer’s written consent, which consent shall not be unreasonably withheld. The Issuer shall remove the Trustee if:

Replacement of the Trustee. The No resignation or removal of the Trustee and no appointment of a successor Trustee shall become effective until the acceptance of appointment by the successor Trustee pursuant to this Section 6.8. Subject to the preceding sentence, the Trustee may resign at any time with respect to any Series or Tranche of Securities by so notifying the Issuer not less than providing 60 days prior written notice to the effective date of such resignation. The Holders of a majority in principal amount of Issuer and the outstanding Securities of any Series Noteholders or Tranche may remove the Trustee with respect to that Series or Tranche sooner if so required by so notifying the Trusteelaw. The Issuer shall may remove the Trustee if: