Trust Continuance Sample Clauses

Trust Continuance. The resignation, removal or liquidation of the Trustee shall not terminate the Voting Trust or revoke any existing agency created by the Trustee pursuant to this Agreement or invalidate any action theretofore taken by the Trustee, and each successor Trustee agrees that the provisions of this Agreement shall be binding upon and inure to the benefit of the successor Trustee and all his, her or its heirs and legal and personal representatives, successors or assigns.

Trust Continuance. The death, dissolution, resignation, incompetency or removal of the Trustee shall not operate to terminate the Trust created by this Trust Agreement or to revoke any existing agency created under the terms of this Trust Agreement or invalidate any action theretofore taken by the Trustee. In the event of the resignation or removal of the Trustee, such departing Trustee shall promptly (a) execute and deliver such documents, instruments and other writings as may be requested by the Bankruptcy Court or reasonably requested by the Trust Committee or a successor Trustee to effect the termination of such departing Trustee’s capacity under this Trust Agreement and the conveyance of the Trust Assets then held by such departing Trustee to its successor, (b) deliver to the Bankruptcy Court or the successor Trustee all documents, instruments, records and other writings related to the Trust as may be in the possession of the Trustee and (c) otherwise assist and cooperate in effecting the assumption of its obligations and functions by such successor Trustee.

Trust Continuance. The death, resignation, or removal of the Liquidating Trustee shall not terminate the Liquidating Trust or revoke any existing agency (other than any agency of such Liquidating Trustee as a Liquidating Trustee) created pursuant to this Liquidating Trust Agreement or invalidate any action theretofore taken by the Liquidating Trustee, and the successor Liquidating Trustee agrees that the provisions of this Liquidating Trust Agreement shall be binding upon and inure to the benefit of any successor Liquidating Trustee and all his or her heirs and legal and personal representatives, successors, or assigns.

Trust Continuance. The death, dissolution, resignation, incompetency or removal of the Trustee shall not operate to terminate the Trust created by this Trust Agreement or to revoke any existing agency created under the terms of this Trust Agreement or invalidate any action theretofore taken by the Trustee. In the event of the resignation or removal of the Trustee, the Trustee shall promptly (a) execute and deliver such documents, instruments and other writings as may be requested by the Bankruptcy Court or reasonably requested by a successor Trustee to effect the termination of the Trustee's capacity under this Trust Agreement and the conveyance of the Trust Assets then held by the Trustee to the successor, (b) deliver to the Bankruptcy Court or the successor Trustee all documents, instruments, records and other writings related to the Trust as may be in the possession of the Trustee and (c) otherwise assist and cooperate in effecting the assumption of its obligations and functions by such successor Trustee.

Trust Continuance. The death, dissolution, resignation, incompetency or removal of a Liquidating Trustee shall not operate to terminate the Scotia Pacific Liquidating Trust created by this Scotia Pacific Liquidating Trust Agreement or to revoke any existing agency created pursuant to the terms of this Scotia Pacific Liquidating Trust Agreement or invalidate any action theretofore taken by the Liquidating Trustee. In the event of the resignation or removal of the Liquidating Trustee, such Liquidating Trustee shall promptly: (a) execute and deliver such documents, instruments and other writings as may be requested by the Bankruptcy Court or reasonably requested by the successor Liquidating Trustee to effect the termination of the Liquidating Trustee’s capacity under this Scotia Pacific Liquidating Trust Agreement and the conveyance of the Trust Assets then held by the Liquidating Trustee to the successor Liquidating Trustee; (b) deliver to the Bankruptcy Court or the successor Liquidating Trustee all documents, instruments, records and other writings related to the Scotia Pacific Liquidating Trust as may be in the possession of the Liquidating Trustee; and (c) otherwise assist and cooperate in effecting the assumption of his obligations and functions by such successor Liquidating Trustee.

Trust Continuance. The death, dissolution, resignation, incompetency or removal of the Liquidation Trust Administrator shall not operate to terminate the Liquidation Trust created by this Trust Agreement or to revoke any existing agency created under the terms of this Trust Agreement or invalidate any action theretofore taken by the Liquidation Trust Administrator. In the event of the resignation or removal of the Liquidation Trust Administrator, the Liquidation Trust Administrator shall promptly (a) execute and deliver such documents, instruments and other writings as may be requested by

Trust Continuance. From the date of this Agreement and throughout the effective term of the Pledge Agreement, (a) the Liquidating Trust shall remain in existence, and (b) the Liquidating Trust's organizational documents shall not be amended or revised in any manner that has (or is reasonably likely to have) a material adverse effect on FIG's rights under the Pledge Agreement or the Stock Retention Agreement.

Trust Continuance. The resignation or removal of the Distribution Trustee will not terminate the Distribution Trust or revoke any existing agency created pursuant to this Agreement or invalidate any action theretofore taken by the Distribution Trustee.

Trust Continuance. The death, dissolution, resignation, incompetency or removal of the Liquidation Trust Administrator shall not operate to terminate the Liquidation Trust created by this Trust Agreement or to revoke any existing agency created under the terms of this Trust Agreement or invalidate any action theretofore taken by the Liquidation Trust Administrator. In the event of the resignation or removal of the Liquidation Trust Administrator, the Liquidation Trust Administrator shall promptly (a) execute and deliver such documents, instruments and other writings as may be requested by the Bankruptcy Court or reasonably requested by the Liquidation Trust Advisory Board or a successor trustee to effect the termination of the Liquidation Trust Administrator’s capacity under this Trust Agreement and the conveyance of the Liquidation Trust Assets then held by the Liquidation Trust Administrator to the successor, (b) deliver to the Bankruptcy Court or the successor trustee all documents, instruments, records and other writings related to the Liquidation Trust as may be in the possession of the Liquidation Trust Administrator and (c) otherwise assist and cooperate in effecting the assumption of its obligations and functions by a successor trustee.