Common use of Substitute Trustees and Agents Clause in Contracts

Substitute Trustees and Agents. Trustee or his successor or substitute may appoint or delegate any one or more persons as agent to perform any act or acts necessary or incident to any sale held by Trustee, including the posting of notices and the conduct of sale, but in the name and on behalf of Trustee, his successor or substitute. If Trustee or his successor or substitute shall have given notice of sale hereunder, any successor or substitute trustee thereafter appointed may complete the sale and the conveyance of the property pursuant thereto as if such notice had been given by the successor or substitute trustee conducting the sale.

Appears in 6 contracts

Samples: Loan Agreement, Deed of Trust (Energy Hunter Resources, Inc.), Mortgage, Deed of Trust, Collateral Assignment, Security Agreement and Financing Statement (Black Elk Energy Finance Corp.)

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Substitute Trustees and Agents. The Trustee or his successor or substitute may appoint or delegate any one or more persons as agent to perform any act or acts necessary or incident to any sale held by Trustee, including the posting of notices and the conduct of sale, but in the name and on behalf of Trustee, his successor or substitute. If Trustee or his successor or substitute shall have given notice of sale hereunder, any successor or substitute trustee thereafter appointed may complete the sale and the conveyance of the property pursuant thereto as if such notice had been given by the successor or substitute trustee conducting the sale.

Appears in 5 contracts

Samples: Credit Agreement (Brigham Exploration Co), Indenture (Brigham Holdings Ii LLC), Mortgage (Miller Exploration Co)

Substitute Trustees and Agents. The Trustee or his successor or substitute may appoint or delegate any one or more persons Persons as agent to perform any act or acts necessary or incident to any sale held by Trustee, including the posting of notices and the conduct of sale, but in the name and on behalf of Trustee, his successor or substitute. If Trustee or his successor or substitute shall have given notice of sale hereunder, any successor or substitute trustee thereafter appointed may complete the sale and the conveyance of the property pursuant thereto as if such notice had been given by the successor or substitute trustee conducting the sale.

Appears in 2 contracts

Samples: Mortgage, Deed of Trust, Assignment of Production, Security Agreement and Financing Statement (Queen Sand Resources Inc), Mortgage, Deed of Trust, Assignment of Production, Security Agreement and Financing Statement (Queen Sand Resources Inc)

Substitute Trustees and Agents. The Trustee or his successor or substitute may appoint or delegate any one or more persons as agent to perform any act or acts necessary or incident to any sale held by Trustee, including the posting of notices and the conduct of sale, but in the name and on behalf of Trustee, his successor or substitute. If Trustee or his successor or substitute shall have given notice of sale hereunder, any successor or substitute trustee thereafter appointed may complete the sale and the conveyance of the property pursuant thereto as if such notice had been given by the successor or substitute trustee conducting the sale.. Exh F-11 122

Appears in 1 contract

Samples: Credit Agreement (Brigham Exploration Co)

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Substitute Trustees and Agents. Trustee or his its successor or substitute may appoint or delegate any one or more persons as agent to perform any act or acts necessary or incident to any sale held by Trustee, including the posting of notices and the conduct of sale, but in the name and on behalf of Trustee, his successor or substitute. If Trustee or his successor or substitute shall have given notice of sale hereunder, any successor or substitute trustee thereafter appointed may complete the sale and the conveyance of the property pursuant thereto as if such notice had been given by the successor or substitute trustee conducting the sale.

Appears in 1 contract

Samples: Credit Agreement (Energy & Exploration Partners, Inc.)

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