Common use of Resignation of the Trustee Clause in Contracts

Resignation of the Trustee. Any Trustee acting hereunder may resign at any time by giving notice in writing to the Sponsor at least 60 days before such resignation is to become effective, unless the Sponsor shall accept as adequate a shorter notice.

Appears in 4 contracts

Samples: Trust Agreement (Orion Capital Corp), Trust Agreement (Univision Communications Inc), Trust Agreement (Downey Financial Corp)

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Resignation of the Trustee. Any Trustee acting hereunder may resign at any time by giving notice in writing to the Sponsor at least 60 30 days before such resignation is to become effective, unless the Sponsor shall accept as adequate a shorter notice.

Appears in 3 contracts

Samples: Trust Agreement (Ns Group Inc), Trust Agreement (Ns Group Inc), Trust Agreement (Ns Group Inc)

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