Common use of Resignation by Trustee Clause in Contracts

Resignation by Trustee. Trustee may resign at any time upon giving thirty (30) days' notice to Grantor and Beneficiary.

Appears in 10 contracts

Samples: Deed of Trust (Apple Suites Inc), Fee and Leasehold Deed of Trust, Assignment of Leases and Rents and Security Agreement (Apple Suites Inc), Fee and Leasehold Deed of Trust (Apple Suites Inc)

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Resignation by Trustee. Trustee may resign at any time upon ---------------------- giving thirty (30) days' notice to Grantor and Beneficiary.

Appears in 2 contracts

Samples: Fee and Leasehold Deed of Trust, Assignment of Leases and Rents and Security Agreement (Apple Suites Inc), Fee and Leasehold Deed of Trust, Assignment of Leases and Rents and Security Agreement (Apple Suites Inc)

Resignation by Trustee. The Trustee may resign at any time upon resign from the trusts hereby created by giving thirty (30) days' notice to Grantor and Beneficiarythe Authority, provided that such resignation shall not take effect until the appointment of a successor or temporary Trustee by the Bondholders, the Authority or a court of competent jurisdiction.

Appears in 1 contract

Samples: Master Agreement of Trust

Resignation by Trustee. Trustee may resign at any time upon giving thirty (30) days' notice to Grantor and Beneficiary.

Appears in 1 contract

Samples: Leasehold Deed of Trust (Ashford Hospitality Prime, Inc.)

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Resignation by Trustee. The Trustee and any successor Trustee may resign at any time upon giving give thirty (30) days' ’ written notice of its intention to resign as Trustee hereunder, such notice to Grantor be given to the Authority and Beneficiarythe District by registered or certified mail. Upon receiving such notice of resignation, the Authority shall promptly appoint a successor Trustee.

Appears in 1 contract

Samples: Commitment Agreement and Purchase Contract

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