Resignation by the Trustee. The Trustee may at any time resign from the trusts hereby created by giving sixty (60) days written notice by registered or certified mail to the Issuer, the Borrower, the Liquidity Provider, if any, the Bond Insurer, the Owner of each Bond and the Remarketing Agent, if any, and such resignation shall not take effect until the appointment of a successor Trustee pursuant to the provisions of Section 76 83
Appears in 1 contract
Resignation by the Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving sixty thirty (6030) days days' written notice to the Issuer and the Company and by registered or certified first class mail to each registered owner of Bonds then outstanding and to each holder of Bonds as shown by the Issuer, list of Bondholders required by this Indenture to be kept at the Borrower, office of the Liquidity Provider, if any, the Bond Insurer, the Owner of each Bond and the Remarketing Agent, if anyTrustee, and such resignation shall not take effect until at the end of such thirty (30) days, or upon the appointment of a successor Trustee pursuant to the provisions of Section 76 83(but not less than thirty
Appears in 1 contract
Samples: Financing and Covenant Agreement
Resignation by the Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving sixty thirty (6030) days days' written notice to the Issuer and the Lessee and by registered or certified first class mail to the Issuer, the Borrower, the Liquidity Provider, if any, each registered owner of Bonds as shown by the Bond Insurer, the Owner of each Bond and the Remarketing Agent, if anyRegister, and such resignation shall not take effect until upon the appointment of a successor Trustee pursuant by the Bondholders or by the Issuer. Such notice to the provisions of Section 76 83Issuer and to the Lessee may be served personally or sent by registered mail.
Appears in 1 contract
Resignation by the Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving sixty thirty (6030) days days' written notice to the County, the Company and the Guarantor and by registered or certified first class mail to each registered owner of Bonds and to each holder of Bonds as shown by the Issuer, the Borrower, the Liquidity Provider, if any, the Bond Insurer, the Owner list of each Bond and the Remarketing Agent, if any, and such resignation shall not take effect until the appointment of a successor Trustee pursuant bondholders required to the provisions of Section 76 83be
Appears in 1 contract