Common use of Substitute Trustee Clause in Contracts

Substitute Trustee. The City, at the City's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. The successor trustee will succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law.

Appears in 7 contracts

Samples: Affordable Housing Agreement, Affordable Housing Agreement, Deed of Trust and Security Agreement

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Substitute Trustee. The City, at the City's ’s option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. The successor trustee will succeed to all the title, power and duties conferred upon the Trustee herein and by applicable law.

Appears in 1 contract

Samples: Performance Deed of Trust and Security Agreement

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Substitute Trustee. The City, at the City's option, may from time to time remove Trustee and appoint a successor trustee to any Trustee appointed hereunder. The successor trustee will succeed to all the title, power powers and duties conferred upon the Trustee herein and by applicable law.

Appears in 1 contract

Samples: Performance Deed of Trust and Security Agreement

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