Common use of Substitute Trustees and Agents Clause in Contracts

Substitute Trustees and Agents. To the extent not prohibited by applicable law, Trustee may appoint or delegate any one or more persons as agents to perform any act or acts of Trustee under this Instrument in the name and on behalf of Trustee, including any act or acts necessary or incident to any sale conducted by Trustee. If Trustee shall have given notice of sale hereunder, any successor trustee may complete the sale and the conveyance of the Collateral pursuant thereto as if such notice had been given by the successor trustee conducting the sale. To facilitate the administration of the Trustees’ duties under this Instrument, Secured Party may appoint multiple trustees to serve in such capacity or in such jurisdictions as Secured Party may designate.

Substitute Trustees and Agents. To the extent not prohibited by applicable law, Trustee may appoint or delegate any one or more persons as agents to perform any act or acts of Trustee under this Instrument in the name and on behalf of Trustee, including any act or acts necessary or incident to any sale conducted by Trustee. If Trustee shall have given notice of sale hereunder, any successor trustee may complete the sale and the conveyance of the Collateral pursuant thereto as if such notice had been given by the successor trustee conducting the sale. To facilitate the administration of the Trustees’ ' duties under this Instrument, Secured Party may appoint multiple trustees to serve in such capacity or in such jurisdictions as Secured Party may designate.