Common use of Separate Trustee; Replacement of Trustee Clause in Contracts

Separate Trustee; Replacement of Trustee. The Company may, but need not, appoint a separate Trustee for any one or more series of Securities. The Trustee may resign by so notifying the Company and the Subsidiary Guarantors. The Holders of a majority in principal amount of the Securities of a particular series may remove the Trustee for such series by so notifying the Trustee and the Company in writing. The Company may remove the Trustee if:

Appears in 7 contracts

Samples: Zion Oil & Gas Inc, Zion Oil & Gas Inc, Orgenesis Inc.

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Separate Trustee; Replacement of Trustee. The Company may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by so notifying giving notice to the Company and the Subsidiary GuarantorsGuarantor. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingmay appoint a successor Trustee. The Company may shall remove the Trustee if:

Appears in 6 contracts

Samples: Warren Resources (Warren Resources of California Inc), Warren Resources (Warren Resources of California Inc), Warren Resources (Warren Resources of California Inc)

Separate Trustee; Replacement of Trustee. The Company ----------------------------------------- may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by so notifying giving notice to the Company and the Subsidiary GuarantorsCompany. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingmay appoint a successor Trustee. The Company may shall remove the Trustee if:

Appears in 2 contracts

Samples: Chirex Inc, Vintage Petroleum Capital I

Separate Trustee; Replacement of Trustee. The Company may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by so notifying giving notice to the Company and the Subsidiary GuarantorsCompany. The Holders of not less than a majority in aggregate principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingmay appoint a successor Trustee. The Company may shall remove the Trustee if:

Appears in 2 contracts

Samples: Pioneer Natural Resources Co, Pioneer Natural Resources Co

Separate Trustee; Replacement of Trustee. The Company may, ---------------------------------------- but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by so notifying giving notice to the Company and the Subsidiary GuarantorsCompany. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingmay appoint a successor Trustee. The Company may shall remove the Trustee if:

Appears in 1 contract

Samples: Electronic Data Systems Corp /De/

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Separate Trustee; Replacement of Trustee. The Company may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign by so notifying the Company and the Subsidiary Guarantorswith respect to one or more or all series of Debt Securities at any time. The Holders of a majority in aggregate principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingand may appoint a successor Trustee. The Company may shall remove the Trustee if:

Appears in 1 contract

Samples: Quanta Services, Inc.

Separate Trustee; Replacement of Trustee. The Company may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by so notifying 66 giving notice to the Company and the Subsidiary GuarantorsCompany. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingmay appoint a successor Trustee. The Company may shall remove the Trustee if:

Appears in 1 contract

Samples: Premier Parks Inc

Separate Trustee; Replacement of Trustee. The Company may, but need not, appoint a separate Trustee for any one or more series of Debt Securities. The Trustee may resign with respect to one or more or all series of Debt Securities at any time by so notifying giving notice to the Company and the Subsidiary GuarantorsCompany. The Holders of a majority in principal amount of the Debt Securities of a particular series may remove the Trustee for such series and only such series by so notifying the Trustee and the Company in writingmay appoint a successor Trustee. The Company may remove the Trustee if:

Appears in 1 contract

Samples: Sherwin Williams Co

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