Common use of Replacement of Trustee or Collateral Trustee Clause in Contracts

Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee will become effective only upon the successor Trustee’s or successor Collateral Trustee’s acceptance of appointment as provided in this Section 7.07.

Appears in 2 contracts

Samples: Supplemental Indenture (CVR Partners, Lp), Indenture (Rentech Nitrogen Partners, L.P.)

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Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee will become effective only upon the successor Trustee’s or successor Collateral Trustee’s acceptance of appointment as provided in this Section 7.07. A resignation or removal of the Collateral Trustee and appointment of a successor Collateral Trustee will become effective only in accordance with the Collateral Trust Agreement.

Appears in 1 contract

Samples: Indenture (Lindblad Expeditions Holdings, Inc.)

Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee Trustee, as applicable, will become effective only upon the applicable successor Trustee’s 's or successor Collateral Trustee’s 's acceptance of appointment as provided in this Section 7.07.

Appears in 1 contract

Samples: Party City Holdco Inc.

Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee will become effective only upon the successor Trustee’s or successor Collateral Trustee’s acceptance of appointment as provided in this Section 7.07. A 117 resignation or removal of the Collateral Trustee and appointment of a successor Collateral Trustee will become effective only in accordance with the Collateral Trust Agreement.

Appears in 1 contract

Samples: Supplemental Indenture (CVR Energy Inc)

Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee Trustee, as applicable will become effective only upon the applicable successor Trustee’s Trustee or successor Collateral Trustee’s acceptance of appointment as provided in this Section 7.07.

Appears in 1 contract

Samples: Pledge and Security Agreement (Party City Holdco Inc.)

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Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee Trustee, as applicable will become effective only upon the applicable successor Trustee’s Trustee or successor Collateral Trustee’s acceptance of appointment as provided in this Section 7.07.

Appears in 1 contract

Samples: Indenture (Party City Holdco Inc.)

Replacement of Trustee or Collateral Trustee. (a) A resignation or removal of the Trustee or the Collateral Trustee and appointment of a successor Trustee or a successor Collateral Trustee Trustee, as applicable will become effective only upon the applicable successor Trustee’s Trustee or successor Collateral Trustee’s 's acceptance of appointment as provided in this Section 7.07.

Appears in 1 contract

Samples: Party City Holdco Inc.

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