Common use of Resignation of Trustee Clause in Contracts

Resignation of Trustee. ‌ A Trustee may resign by giving written notice of such resignation to the Administrative Agent, which notice must state the date of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii).

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

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Resignation of Trustee. ‌ A Any Trustee may resign at any time by giving delivering a written notice of such resignation prior to the Administrative Agent, which notice must state effective date thereof to the date holders of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all Voting Trust Certificates then outstanding and to the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)Company.

Appears in 2 contracts

Samples: Voting Trust Agreement, Voting Trust Agreement (Elandia International Inc.)

Resignation of Trustee. ‌ A Any Trustee may resign at any time by giving delivering written notice of such resignation thereof to the Administrative Agent, which notice must state the date of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the UnionTrustor. The resigning Trustee shall mail his or her notice of resignation will become effective on by certified mail to the date set out in paragraph 3.5(a)(ii)last-known address of the Trustor, at least thirty (30) calendar days before the Trustee's resignation is to take effect.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (Pacific Ventures Group, Inc.)

Resignation of Trustee. ‌ A Any Trustee may resign by giving written notice of such resignation to the Administrative Agentbeneficiaries to whom income could then be distributed. Such resignation shall take effect on such date specified in the notice, which notice must state but not earlier than thirty (30) days after the date of resignation. Upon receipt delivery of such notice, written resignation unless an earlier effective date shall be agreed to by the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)beneficiaries.

Appears in 1 contract

Samples: Declaration of Trust

Resignation of Trustee. ‌ A The Trustee may at any time resign by giving written notice of such her resignation to the Administrative Agent, which notice must state the date of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)Shareholders.

Appears in 1 contract

Samples: Voting Trust Agreement (BankGuam Holding Co)

Resignation of Trustee. ‌ A The Trustee may resign at any time from the trusts created hereby by giving written notice of such the resignation to the Administrative Issuer, the Company, the Agent, which notice must state the date of resignation. Upon receipt of such notice, the Administrative Indexing Agent will promptly notify all the other Trustees and the UnionRemarketing Agent and by mailing written notice of the resignation to the Holders as their names and addresses appear on the Register at the close of business 15 days prior to the mailing. The resignation will become effective on shall take effect only upon the date set out in paragraph 3.5(a)(ii)appointment of a successor Trustee.

Appears in 1 contract

Samples: Indenture of Trust (Helmstar Group Inc)

Resignation of Trustee. ‌ A The Trustee (and any successor Trustee) may at any time resign by giving written notice of such resignation mailing to the Administrative Agent, which notice must state the date registered holders of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The voting trust certificates a written resignation will become effective 10 days thereafter or on the date set out in paragraph 3.5(a)(ii)prior acceptance thereof.

Appears in 1 contract

Samples: Voting Trust Agreement (High Speed Access Corp)

Resignation of Trustee. ‌ A The Trustee may resign by giving at any time on written notice of such resignation to the Administrative Agent, which notice must state the date of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii).the

Appears in 1 contract

Samples: Liquidating Trust Agreement

Resignation of Trustee. ‌ A (a) Any Trustee may at any time resign for any reason whatsoever, with or without cause, and without the necessity of any court proceeding. Any such resignation may be commenced by giving notice to the Company. Such notice to the Company shall be promptly confirmed in writing, and shall be followed by the giving of written notice to each of the Unit Holders at such resignation to Unit Holder’s last address as shown by the Administrative Agent, which records of the Trust at the time such notice must state the date of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii).is given by

Appears in 1 contract

Samples: Trust Agreement (Bp Prudhoe Bay Royalty Trust)

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Resignation of Trustee. ‌ A The Trustee may at any time resign by giving written notice of such his resignation to the Administrative Agent, which notice must state the date of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)Shareholders.

Appears in 1 contract

Samples: Voting Trust Agreement (BankGuam Holding Co)

Resignation of Trustee. ‌ A Trustee Any trustee may resign at any time by giving written mailing notice of such resignation to the Administrative Agentpersons entitled by law to receive such notice and to the co-trustee, which notice must state successor, or alternate trustee. Unless circumstances are such that it is not necessary to replace the date of resignation. Upon receipt of such noticeresigning trustee, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become becomes effective on the date set out in paragraph 3.5(a)(ii)acceptance of office by the successor trustee who replaces the resigning trustee.

Appears in 1 contract

Samples: Living Trust Agreement

Resignation of Trustee. ‌ A Any Trustee may at any time resign by giving written notice notifying the Settlor in writing of such resignation to the Administrative Agentresignation, which notice must state shall take effect upon the date of resignation. Upon receipt of such notice, acceptance thereof by the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)Settlor.

Appears in 1 contract

Samples: Deed of Trust (Canada Pension Plan Investment Board)

Resignation of Trustee. ‌ A Any Trustee may resign by giving written delivering notice of such resignation to the Administrative Agent, which notice must state Beneficiary and subsequent to the date approval of resignation. Upon receipt of such notice, the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)Supreme/Surrogate’s Court.

Appears in 1 contract

Samples: Supplemental Needs Trust

Resignation of Trustee. ‌ A The Trustee and any successor Trustee may resign at any time by giving written notice of such resignation to the Administrative Agent, which notice must state registered holders of the date of resignation. Upon receipt of such notice, voting trust certificates and to the Administrative Agent will promptly notify all the other Trustees and the Union. The resignation will become effective on the date set out in paragraph 3.5(a)(ii)Corporation.

Appears in 1 contract

Samples: Voting Trust Agreement (BMB Munai Inc)

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