Resignation or Removal of Administrative Agent. (a) The Administrative Agent shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement following its removal or resignation.
Appears in 27 contracts
Samples: Trust Agreement, Trust Agreement (MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust)
Resignation or Removal of Administrative Agent. (a) The An Administrative Agent appointed to office shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement following or until its termination, removal or resignation.
Appears in 25 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Up Tradeable Trust)
Resignation or Removal of Administrative Agent. (a) The Administrative Agent shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement following its removal or resignation.
Appears in 13 contracts
Samples: Trust Agreement (MacroShares Major Metro Housing Down Trust), Trust Agreement (MacroShares Major Metro Housing Down Trust), Trust Agreement (Macro Inflation Depositor, LLC)
