Trustee Resignation. Trustee shall have the right, upon thirty (30) days prior written notice delivered to Funeral Establishment or its agent, to resign as trustee of Funeral Establishment’s Preneed Trust Fund.
Trustee Resignation. The Trustee may resign at any time by giving not less than 90 days written notice thereof to the Agent and with the consent of the Agent, which consent shall not be unreasonably withheld. Upon receiving such notice of resignation, the Agent shall promptly appoint a successor trustee or trustees by written instrument, in duplicate, executed by the Agent, one copy of which shall be delivered to the Trustee so resigning and one copy to the successor trustee or trustees, together with a copy to the Borrower, Servicer and Collateral Custodian. If no successor trustee shall have been appointed and an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 45 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee. Notwithstanding anything herein to the contrary, the Trustee may not resign prior to a successor Trustee being appointed.
Trustee Resignation. The Trustee shall not resign ------------------- pursuant to Section 11.07 of the Agreement without written confirmation from each Rating Agency that such resignation will not result in the Rating Agency's reducing or withdrawing its rating on any Class of any then outstanding Series rated by it.
Trustee Resignation. The Trustee may resign at any time by written notice to the Employer, which shall be effective thirty (30) days after receipt of such notice unless the Employer and the Trustee agree otherwise.
Trustee Resignation. The Trustee may resign at any time by giving not less than 90 days written notice thereof to the Agent (who will provide each Lender with a copy promptly upon receipt thereof) and with the consent of the Agent, which consent shall not be unreasonably withheld. Upon receiving such notice of resignation, the Agent shall promptly appoint a successor trustee or trustees by written instrument, in duplicate, executed by the Agent, one copy of which shall be delivered to the Trustee so resigning and one copy to the successor trustee or trustees, together with a copy to the Borrower, Servicer and Collateral Custodian. If no successor trustee shall have been appointed and an instrument of acceptance by a successor Trustee shall not have been delivered to the Trustee within 45 days after the giving of such notice of resignation, the resigning Trustee may petition any court of competent jurisdiction for the appointment of a successor Trustee. Notwithstanding anything herein to the contrary, the Trustee may not resign prior to a successor Xxxxxxx being appointed. USActive 52762757.4460819853.6 Benchmark with a Benchmark Replacement. Any such amendment with respect to a Benchmark Transition Event will become effective at 5:00 p.m. on the fifth (5th) Business Day after the Agent has delivered such proposed amendment to all Lenders, the Servicers and the Borrower so long as the Agent has not received, by such time, written notice of objection from Lenders comprising the Required Lenders. No replacement of a Benchmark with a Benchmark Replacement pursuant to this Section 11.01 will occur prior to the applicable Benchmark Transition Start Date. In connection with the implementation of a Benchmark or Benchmark Replacement, the Agent, in consultation with the Borrower, will have the right to make Benchmark Replacement Conforming Changes from time to time and, notwithstanding anything to the contrary herein or in any other Transaction Document, any amendments implementing such Benchmark Replacement Conforming Changes will become effective without any further action or consent of any other party to this Agreement. The Agent will promptly notify the Borrower, the Servicers and the Lenders (with a copy to the Trustee) of (i) any occurrence of a Benchmark Transition Event, and its related Benchmark Replacement Date and Benchmark Transition Start Date, (ii) the implementation of any Benchmark Replacement, (iii) the effectiveness of any Benchmark Replacement Conforming Changes and ...
Trustee Resignation. The Shareholder hereby resigns as a trustee of the Company effective upon the following events: (a) the purchase by Subsidiary of at least a majority of the outstanding Shares in the Offer and (b) receipt of notice by Parent indicating that it desires such resignation to be made effective.
Trustee Resignation. (a) Any individual who is serving as a Trustee may resign at any time by written notice to Packaging, which shall be effective 30 days after receipt of such notice unless Packaging, Tenneco and the individual agree otherwise.
(b) Any individual who is serving as a Trustee may not be removed by Packaging or Tenneco.
(c) For purposes hereof, the death or incapacity of a Trustee shall be deemed an immediately effective resignation.
Trustee Resignation. 49 SECTION 13.
Trustee Resignation. The Trustee has the right to resign as Trustee by giving written notice to the Grantor(s), if living, and to the Foundation. The Trustee is hereby expressly authorized to resign without filing any petition or accounting in any court or with any public official, and without obtaining any approval from any court or public official. However, a resignation that would create a vacancy in the office of Trustee shall become effective only upon written acceptance of the Fund by a successor Trustee. The Foundation shall have the power to appoint a successor Trustee clothed with all the powers of the original Trustee.
Trustee Resignation. (a) Any individual who is serving as a Trustee may resign at any time by written notice to Pactiv, which shall be effective 30 days after receipt of such notice unless Pactiv and the individual agree otherwise.
(b) Any individual who is serving as a Trustee may not be removed by Pactiv.
(c) For purposes hereof, the death or incapacity of a Trustee shall be deemed an immediately effective resignation.
(d) Notwithstanding any such resignation, the individual shall be entitled to the benefits of Section 14 and section 12(a) hereof.
