Common use of Resignation or Removal of Trustee Clause in Contracts

Resignation or Removal of Trustee. (a) A Trustee appointed to office shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement or until its termination, removal or resignation.

Appears in 57 contracts

Samples: Trust Agreement, Trust Agreement (MacroShares $100 Oil Down Trust), And Restated Trust Agreement (Claymore MACROshares Oil Down Holding Trust)

AutoNDA by SimpleDocs

Resignation or Removal of Trustee. (a) A Trustee appointed to office shall hold office until its successor shall have been appointed by the Holders in accordance with this Trust Agreement or until its termination, removal or resignation.

Appears in 10 contracts

Samples: Trust Agreement (MacroShares $100 Oil Up Trust), Trust Agreement (MacroShares Housing Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.