Common use of Resignation by Trustee Clause in Contracts

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty days' written notice to the Issuer and the Company, served personally or sent by registered or certified mail, and to each owner of Bonds then Outstanding, sent by registered or certified mail, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof, or upon the later appointment of a successor Trustee pursuant to Section 9.08 hereof.

Appears in 5 contracts

Samples: Trust Indenture (Entergy Arkansas Inc), Trust Indenture (Entergy Arkansas Inc), Trust Indenture (Entergy Mississippi Inc)

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Resignation by Trustee. The Trustee and any successor Trustee trustee may at any time resign from the trusts hereby created by giving thirty days' (30) days written notice to the Issuer and to the Company, served personally or sent by registered or certified mail, and to each owner of Bonds then Outstanding, sent by registered or certified mail, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof(30) days, or upon the later earlier appointment of a successor Trustee pursuant to Section 9.08 hereoftrustee by the Bondholders or by the Issuer. Such notice may be served personally or sent by registered mail.

Appears in 4 contracts

Samples: Trust Indenture (Entergy Louisiana, LLC), Trust Indenture (Entergy Louisiana, LLC), Entergy Louisiana, LLC

Resignation by Trustee. The Trustee and any successor Trustee may resign at any time resign from the trusts created hereby created by giving thirty days' written notice of the resignation to the Issuer County and by mailing written notice of the Company, served personally or sent by registered or certified mail, resignation to the Holders as their names and addresses appear on the register at the close of business 15 days prior to each owner of Bonds then Outstanding, sent by registered or certified mail, and such the mailing. The resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof, or upon the later appointment of a successor Trustee pursuant to Section 9.08 hereofTrustee.

Appears in 4 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

Resignation by Trustee. The If the Trustee and any successor Trustee may desires to resign at any time resign from the trusts hereby created by giving thirty days' written this Master Indenture, its shall give notice to the Issuer NVTC and the Company, served personally or sent by registered or certified mail, and to each owner Owner of Bonds then Outstanding, sent by registered or certified mail, and but shall continue to serve as Trustee until such resignation shall take effect at the end of such thirty days if time as a successor Trustee is appointed. If a successor Trustee has not been appointed at such time pursuant within 30 days, the Trustee shall have the right to Section 9.08 hereof, or upon the later petition a court of competent jurisdiction for appointment of a successor Trustee pursuant to Section 9.08 hereofand such resignation shall become effective upon designation of such successor Trustee.

Appears in 3 contracts

Samples: Master Indenture of Trust, www.vre.org, www.vre.org

Resignation by Trustee. The If the Trustee and any successor Trustee may desires to resign at any time resign from the trusts hereby created by giving thirty days' written this Master Indenture, its shall give notice to the Issuer HRTAC and the Company, served personally or sent by registered or certified mail, and to each owner Owner of Bonds then Outstanding, sent by registered or certified mail, and but shall continue to serve as Trustee until such resignation shall take effect at the end of such thirty days if time as a successor Trustee is appointed. If a successor Trustee has not been appointed at such time pursuant within thirty days, the Trustee shall have the right to Section 9.08 hereof, or upon the later petition a court of competent jurisdiction for appointment of a successor Trustee pursuant to Section 9.08 hereofand such resignation shall become effective upon designation of such successor Trustee.

Appears in 3 contracts

Samples: Master Indenture of Trust, Master Indenture of Trust, Master Indenture of Trust

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty days' written notice to the Issuer and the Company, served personally or sent by registered or certified mail, and to each owner of Bonds then Outstandingoutstanding, sent by registered or certified mail, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereofdays, or upon the later earlier appointment of a successor Trustee pursuant to Section 9.08 hereof.

Appears in 2 contracts

Samples: Trust Indenture (Gulf Power Co), Trust Indenture (Gulf Power Co)

Resignation by Trustee. The Trustee and any successor Trustee trustee may at any time resign from the trusts hereby created by giving thirty 60 days' written notice to the Issuer Issuer, the Bondowner Representative and the Company, served personally or sent Borrower and by registered or certified mail, and first class mail to each owner of Bonds then Outstanding, sent by registered or certified mailthe Bondholders as shown on the Bond Register, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof, or upon the later appointment of a successor Trustee pursuant to Section 9.08 hereof.trustee as provided in Section

Appears in 2 contracts

Samples: Loan Agreement, Loan Agreement

Resignation by Trustee. The Trustee and any successor Trustee trustee may at any time resign from the trusts hereby created by giving thirty days' (30) days written notice to the Issuer Authority and to the Company, served personally or sent by registered or certified mail, and to each owner of Bonds then Outstanding, sent by registered or certified mail, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof(30) days, or upon the later earlier appointment of a successor Trustee pursuant to Section 9.08 hereoftrustee by the Bondholders or by the Authority. Such notice may be served personally or sent by registered mail.

Appears in 2 contracts

Samples: Agreement (Entergy Louisiana, LLC), Trust Indenture (Entergy Louisiana, LLC)

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty days' written notice to the Issuer County and the Company, served personally or sent by registered or certified mail, and mail to each registered owner of Bonds then Outstanding, sent by registered or certified mailoutstanding, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereofdays, or upon the later earlier appointment of a successor Trustee pursuant to Section 9.08 hereof. Such notice to the County may be served personally or sent by registered mail.

Appears in 1 contract

Samples: Mississippi Power & Light Co

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Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty (30) days' written notice to the Issuer and the Company, served personally or sent by registered or certified mail, and mail to each owner registered Owner of Bonds then Outstanding, sent by registered or certified mail, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereofdays, or upon the later earlier appointment of a successor Trustee pursuant to Section 9.08 hereof. Such notice to the Issuer may be served personally or sent by registered mail.

Appears in 1 contract

Samples: Trust Indenture (System Energy Resources Inc)

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty 60 days' written notice to the Issuer and the Company, served personally or sent by registered or certified mail, and to each owner of Bonds then Outstanding, sent by registered or certified mailXxxxxx Xxx, and such resignation shall only take effect at upon the end of such thirty days if a successor Trustee has been appointed at such time appointment, pursuant to Section 9.08 hereof9.07, or upon the later appointment of of, and acceptance by, a successor Trustee. The successor Trustee pursuant shall give notice of such succession by first class mail, postage prepaid, to Section 9.08 hereofeach Bondholder at the address of such Bondholder shown on the Bond Register.

Appears in 1 contract

Samples: Financing Agreement

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty 90 days' written notice by registered or certified mail to the Issuer and the Company, served personally or sent by registered or certified mail, and to first class mail (postage prepaid) Owners of each owner of Bonds then Outstanding, sent by registered or certified mailSeries 2004B Bond, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof, or upon the later appointment of a successor Trustee pursuant by the Owners or by the Issuer. The Issuer hereby agrees to Section 9.08 hereofmake a reasonable effort to appoint such a successor Trustee within a reasonable period of time.

Appears in 1 contract

Samples: Bond Trust Indenture and Security Agreement

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty 45 days' written notice by first class mail to the Issuer and the Company, served personally or sent by registered or certified mail, District and to the Owner of each owner of Bonds then Outstanding, sent Bond as shown by registered or certified mail, and the registration records; provided that such resignation shall not take effect at until the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof, or upon the later appointment of a successor trustee as provided in Section 7.07 hereof. Upon any such resignation, the Trustee pursuant shall be deemed to Section 9.08 hereofhave resigned as trustee under the Senior Bond Resolution, any Parity Bond Resolutions and any Parity Bond Indentures.

Appears in 1 contract

Samples: www.rtd-denver.com

Resignation by Trustee. The Trustee and any successor Trustee may at any time resign from the trusts hereby created by giving thirty days' written notice to the Issuer and the Company, served personally or sent by registered or certified mail, and to each owner of Bonds then Outstandingoutstanding, sent by registered or certified mail, and such resignation shall take effect at the end of such thirty days if a successor Trustee has been appointed at such time pursuant to Section 9.08 hereof, or upon the later appointment of a successor Trustee pursuant to Section 9.08 hereof.

Appears in 1 contract

Samples: Gulf Power Co

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