Common use of Time of Effectiveness Clause in Contracts

Time of Effectiveness. Any resignation or removal of the Trustee and appointment of a successor Trustee pursuant to any of the provisions of this Article VIII will become effective upon acceptance of appointment by the successor Trustee as provided in Section 8.07, and in no event will such resignation or removal become effective until a successor Trustee has been appointed and has accepted the duties of the Trustee.

Appears in 11 contracts

Samples: Single Family Mega/Supers Master Trust Agreement, SMBS Master Trust Agreement, Single Family Mega/Supers Master Trust Agreement

AutoNDA by SimpleDocs

Time of Effectiveness. Any resignation or removal of the Trustee and appointment of a successor Trustee pursuant to any of the provisions of this Article VIII X will become effective upon acceptance of appointment by the successor Trustee as provided in Section 8.0710.7, and in no event will such resignation or removal become effective until a successor Trustee has been appointed and has accepted the duties of the Trustee.

Appears in 9 contracts

Samples: Master Trust Agreement, Second Amended and Restated 2016 Single Family Master Trust Agreement, Second Amended and Restated 2007 Single Family Master Trust Agreement

Time of Effectiveness. Any resignation or removal of the Trustee and appointment of a successor Trustee pursuant to any of the provisions of this Article VIII IX will become effective upon acceptance of appointment by the successor Trustee as provided in Section 8.079.07, and in no event will such resignation or removal become effective until a successor Trustee has been appointed and has accepted the duties of the Trustee.

Appears in 8 contracts

Samples: Remic Master Trust Agreement, Remic Master Trust Agreement, Remic Master Trust Agreement

Time of Effectiveness. Any resignation or removal of the Trustee and appointment of a successor Trustee pursuant to any of the provisions of this Article VIII X will become effective upon acceptance of appointment by the successor Trustee as provided in Section 8.0710.7, and in no event will such resignation or removal become effective until a successor Trustee has been appointed and has accepted the duties of the Trustee.Trustee.β€Œ

Appears in 6 contracts

Samples: Multifamily Master Trust Agreement, Amended and Restated 2021 Multifamily Master Trust Agreement, 2021 Multifamily Master Trust Agreement

AutoNDA by SimpleDocs

Time of Effectiveness. Any resignation or removal of the Trustee and appointment of a successor Trustee pursuant to any of the provisions of this Article VIII VII will become effective upon acceptance of appointment by the successor Trustee as provided in Section 8.077.07, and in no event will such resignation or removal become effective until a successor Trustee has been appointed and has accepted the duties of the Trustee.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!