Common use of RESIGNATION OR REMOVAL OF DELAWARE CO-TRUSTEE Clause in Contracts

RESIGNATION OR REMOVAL OF DELAWARE CO-TRUSTEE. The Delaware Co-trustee may resign upon thirty days notice to the Owner Trustee and the Certificateholder; provided, however, that a successor Delaware Co-trustee satisfactory to the Owner Trustee and the Certificateholder shall have been appointed and agreed to serve. If a successor Delaware Co-Trustee shall not have been appointed within such thirty day period, the Delaware Co-Trustee may apply to the Court of Chancery of the State of Delaware for the appointment of a successor Delaware Co-Trustee.

RESIGNATION OR REMOVAL OF DELAWARE CO-TRUSTEE. The Delaware Co-trustee may resign upon thirty days notice to the Owner Trustee and the Certificateholder; providedPROVIDED, howeverHOWEVER, that a successor Delaware Co-trustee satisfactory to the Owner Trustee and the Certificateholder shall have been appointed and agreed to serve. If a successor Delaware Co-Trustee shall not have been appointed within such thirty day period, the Delaware Co-Trustee may apply to the Court of Chancery of the State of Delaware for the appointment of a successor Delaware Co-Trustee.

RESIGNATION OR REMOVAL OF DELAWARE CO-TRUSTEE. The Delaware Co-trustee may resign upon thirty days notice to the Owner Trustee and the CertificateholderCertificateholders; providedPROVIDED, howeverHOWEVER, that a successor Delaware Co-trustee satisfactory to the Owner Trustee and the Certificateholder Certificateholders shall have been appointed and agreed to serve. If a successor Delaware Co-Trustee shall not have been appointed within such thirty day period, the Delaware Co-Trustee may apply to the Court of Chancery of the State of Delaware for the appointment of a successor Delaware Co-Trustee.

RESIGNATION OR REMOVAL OF DELAWARE CO-TRUSTEE. The Delaware Co-trustee Trustee may resign upon thirty days notice to the Owner Trustee and the CertificateholderCertificateholders; providedPROVIDED, howeverHOWEVER, that a successor Delaware Co-trustee Trustee satisfactory to the Owner Trustee and the Certificateholder Certificateholders shall have been appointed and agreed to serve. If a successor Delaware Co-Trustee shall not have been appointed within such thirty 30 day period, the Delaware Co-Trustee may apply to the Court of Chancery of the State of Delaware for the appointment of a successor Delaware Co-Trustee.