Termination of Trustee Sample Clauses

Termination of Trustee. The rights, powers, duties, and obligations of the Trustee to the State Mitigation Trust and the Beneficiaries will terminate on the Termination Date.
AutoNDA by SimpleDocs
Termination of Trustee. Grantors may remove Trustee upon sixty (60) days notice or upon such shorter period of time if acceptable to Trustee; provided that upon a Preliminary CIC or subsequent Change in Control the Grantors may only remove the Trustee if a majority of the Beneficiaries approve such action. 11.
Termination of Trustee. The rights, powers, duties, and obligations of the Trustee to the Indian Tribe Mitigation Trust and the Beneficiaries will terminate on the Termination Date.
Termination of Trustee. Notwithstanding any other provision of this Agreement to the contrary, if the Trustee’s position as trustee of the Company terminates for any reason (or no reason), other than the Trustee’s death or Disability (defined as a disability that would qualify as a total and permanent disability under the Company’s then current long-term disability plan), any Restricted Common Shares that are subject to the Period of Restriction on the date of the Trustee’s termination shall be immediately forfeited by the Trustee and shall be automatically transferred to and reacquired by the Company at no cost to the Company, and neither the Trustee nor his or her heirs, executors, administrators or successors shall have any right or interest in such Restricted Common Shares. In the event of the Trustee’s death or Disability, any Restricted Common Shares that are subject to the Period of Restriction on the date of death or Disability shall immediately vest and the Trustee or his or her heirs, executors, administrators or successors shall have the right and interest in such Restricted Common Shares.
Termination of Trustee. If any of the following events occur ---------------------- and shall be continuing, the Controlling Party, upon notice to the Noteholders, may terminate all of the duties of the Trustee under this Agreement:
Termination of Trustee. 15 11. Resignation of Trustee and Appointment of Successor Trustee........15 12.
Termination of Trustee. 49 20.1 Resignation of Trustee 49 20.2 Removal of Trustee 49 20.3 Appointment of Successor Trustee 50
AutoNDA by SimpleDocs
Termination of Trustee. 73 TABLE OF CONTENTS (continued)
Termination of Trustee. If the managing committee desires to terminate the rights of any trustee here and appoint a new trustee in its place, the committee may do so by a written instrument addressed to the trustee. Then like conveyances as in the case of resignation of trustees shall be made by trustee to the newly appointed trustee or trustees, and the new trustee or trustees shall be vested with all rights, privileges, powers and duties of the trustee named here, as if this instrument had in the first place been executed by and to the new trustee or trustees as trustee here. In like manner, a new trustee or trustees may be appointed from time to time by an instrument in writing, addressed to the trustee or trustees acting for the time being.
Termination of Trustee. The office of a Trustee is automatically terminated and vacated:
Time is Money Join Law Insider Premium to draft better contracts faster.