Common use of Resignation by the Trustee Clause in Contracts

Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company and the Debenture holders as their names and addresses appear on the Debenture Register, at the close of business 15 days prior to the mailing. The resignation shall take effect upon the appointment of a successor Trustee.

Appears in 1 contract

Samples: Security Agreement (United Magazine Co)

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Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company Issuer, the Borrower, the Bank and the Debenture holders Remarketing Agent and by mailing written notice of the resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 fifteen (15) days prior to the mailing. The resignation shall take effect upon the appointment of a successor Trustee.

Appears in 1 contract

Samples: Loan Agreement (Jameson Inns Inc)

Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving prior written notice of the resignation to the Company State, ABPC, the Registrar, any Paying Agents and any Authenticating Agents and by mailing written notice of the Debenture holders resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 three days prior to the mailing. The resignation shall take effect only upon the appointment of a successor TrusteeTrustee and the acceptance by the successor Trustee of the duties of the Trustee under this Indenture.

Appears in 1 contract

Samples: Trust Indenture (Standard Parking Corp)

Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company Issuer, the Company, the Registrar and any Paying Agents of Senior Bonds then outstanding and by mailing written notice of the Debenture holders resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 fifteen days prior to the mailing. The resignation shall take effect upon the appointment of a successor Trustee.

Appears in 1 contract

Samples: Wca Shiloh Landfill LLC

Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company Issuer and the Debenture holders Borrower, and by mailing written notice of the resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 days prior to the mailing. The resignation shall take effect upon the appointment of a successor TrusteeTrustee as provided for in Section 5.09 hereof or an order of a court of competent jurisdiction allowing the Trustee to resign.

Appears in 1 contract

Samples: Trust Indenture

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Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company Issuer, the Company, the Registrar and the Debenture holders Original Purchaser of each series of Bonds then outstanding and by mailing written notice of the resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 fifteen days prior to the mailing. The resignation shall take effect upon the appointment of a successor Trustee.

Appears in 1 contract

Samples: Trust Indenture (Global Water Resources, Inc.)

Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company Issuer, the Borrower, the Bank, the Remarketing Agent, the Registrar, any Paying Agent and any Authenticating Agent and the Debenture holders Placement Agent of the Bonds then outstanding and by mailing written notice of the resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 fifteen (15) days prior to the mailing. The resignation shall take effect upon the appointment of a successor Trustee.

Appears in 1 contract

Samples: Trust Indenture (Escalade Inc)

Resignation by the Trustee. The Trustee may resign at any time from the trusts created hereby by giving written notice of the resignation to the Company Issuer, the Borrower, the Bank, the Remarketing Agent, the Registrar, any Paying Agent and any Authenticating Agent and the Debenture holders Underwriter of the Bonds then outstanding and by mailing written notice of the resignation to the Holders as their names and addresses appear on the Debenture Register, Register at the close of business 15 fifteen (15) days prior to the mailing. The resignation shall take effect upon the appointment of of, and acceptance by, a successor Trustee.

Appears in 1 contract

Samples: Reimbursement Agreement (Centerpoint Properties Corp)

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