Common use of Resignation and Removal of Depositary Clause in Contracts

Resignation and Removal of Depositary. The Depositary may at any time (a) resign by written notice of its election to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (b) be removed by the Company effective upon the appointment of a successor Depositary and its acceptance of such appointment.

Appears in 16 contracts

Samples: Deposit Agreement (PPL Energy Supply LLC), Deposit Agreement (PPL Energy Supply LLC), Deposit Agreement (Bank of America Corp /De/)

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Resignation and Removal of Depositary. The Depositary may at any time (ai) resign by written notice of its election to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (bii) be removed by the Company effective by notice of such removal delivered to the Depositary, such removal to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, all as provided in the Deposit Agreement.

Appears in 8 contracts

Samples: Deposit Agreement (J P Morgan Chase & Co), Deposit Agreement (J P Morgan Chase & Co), Deposit Agreement (J P Morgan Chase & Co)

Resignation and Removal of Depositary. The Depositary may at any time (ai) resign by written notice of its election to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its such successor's written acceptance of such appointment, or (bii) be removed by the Company effective upon the appointment of a successor Depositary and its such successor's written acceptance of such appointment.

Appears in 4 contracts

Samples: Deposit Agreement (Mack Cali Realty Corp), Deposit Agreement (American Health Properties Inc), Deposit Agreement (Health Care Property Investors Inc)

Resignation and Removal of Depositary. The Depositary may at any time (a) resign by written notice of its election to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (b) be removed by the Company upon written notice to the Depositary effective upon the appointment of a successor Depositary and its acceptance of such appointment.

Appears in 2 contracts

Samples: Deposit Agreement (Calpine Capital Trust Iv), Deposit Agreement (Anadarko Petroleum Capital Trust I)

Resignation and Removal of Depositary. The Depositary may at any time (a) resign by written notice of its election to do so delivered to the CompanyCorporation, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (b) be removed by the Company Corporation effective upon the appointment of a successor Depositary and its acceptance of such appointment.

Appears in 1 contract

Samples: Deposit Agreement (United States Steel Corp)

Resignation and Removal of Depositary. The Depositary may at any ------------------------------------- time (ai) resign by written notice of its election to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (bii) be removed by the Company effective upon the appointment of a successor Depositary and its acceptance of such appointment.

Appears in 1 contract

Samples: Deposit Agreement (Nationwide Health Properties Inc)

Resignation and Removal of Depositary. The Depositary may at any time (ai) resign by written notice of its election so to do so resign delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (bii) be removed by the Company effective Company, such removal to take effect upon the appointment of a successor Depositary and its acceptance of such appointment.

Appears in 1 contract

Samples: Deposit Agreement (Brooks Fiber Properties Inc)

Resignation and Removal of Depositary. The Depositary may at any time (ai) resign by written notice of its election to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary and its acceptance of such appointment, or (bii) be removed by the Company effective upon the appointment of a successor Depositary and its acceptance of such appointment.

Appears in 1 contract

Samples: Deposit Agreement (American States Water Co)

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Resignation and Removal of Depositary. The Depositary may at any time (a) resign as Depositary under the Deposit Agreement by written notice of its election so to do so delivered to each Issuer or be removed by the joint action of each of the Issuers by written notice of such removal delivered to the CompanyDepositary, such resignation or removal to take effect upon the appointment of and acceptance by a successor Depositary and its acceptance of such appointment, or (b) be removed by depositary as provided in the Company effective upon the appointment of a successor Depositary and its acceptance of such appointmentDeposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Triton Energy Corp)

Resignation and Removal of Depositary. The Depositary may at any time (ai) resign by written notice of its election so to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary depositary and its acceptance of such appointment, or (bii) be removed by the Company effective by notice of such removal delivered to the Depositary, such removal to take effect upon the appointment of a successor Depositary depositary and its acceptance of such appointment, all as provided in the Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Infocure Corp)

Resignation and Removal of Depositary. The Depositary may at any time (a) resign as Depositary under the Deposit Agreement by written notice of its election so to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary depositary and its acceptance of such appointment, or (b) appointment as hereinafter provided. The Depositary may at any time be removed as Depositary by the Company by written notice of such removal, effective upon the appointment of a successor Depositary depositary and its acceptance of such appointmentappointment provided in the Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Ducati Motor Holding Spa)

Resignation and Removal of Depositary. The Depositary may at any time (a) resign by written notice of its election so to do so delivered to the Company, such resignation to take effect upon the appointment of a successor Depositary depositary and its acceptance of such appointment, or (b) be removed by the Company effective by notice of such removal delivered to the Depositary, such removal to take effect upon the appointment of a successor Depositary depositary and its acceptance of such appointment, all as provided in the Deposit Agreement.

Appears in 1 contract

Samples: Deposit Agreement (Mississippi Power Capital Trust Iii)

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