Common use of Vacancies among Trustees Clause in Contracts

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 36 contracts

Samples: Trust Agreement (Us Bancorp \De\), Trust Agreement (Merrill Lynch Capital Trust I), Trust Agreement (Us Bancorp \De\)

AutoNDA by SimpleDocs

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 12 contracts

Samples: Securities Purchase and Exchange Agreement, Trust Agreement (Webster Capital Trust VII), Trust Agreement (Webster Capital Trust Vi)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.7.

Appears in 12 contracts

Samples: Trust Agreement, Trust Agreement (Allstate Financing X), Trust Agreement (Hercules Inc)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.16.01 hereof, or if the number of Trustees is increased pursuant to Section 6.16.01 hereof, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.66.06 hereof.

Appears in 8 contracts

Samples: Trust Agreement (Deutsche Bank Contingent Capital LLC V), Trust Agreement (Deutsche Bank Contingent Capital LLC II), Trust Agreement (Deutsche Bank Contingent Capital LLC V)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than twotwo Administrative Trustees, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 8 contracts

Samples: Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co), Trust Agreement (Dte Energy Co)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.7.

Appears in 7 contracts

Samples: Trust Agreement (ServisFirst Bancshares, Inc.), Trust Agreement (ServisFirst Bancshares, Inc.), Trust Agreement (Waccamaw Bankshares Inc)

Vacancies among Trustees. If a Trustee ceases to hold office ------------------------ for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 6 contracts

Samples: Trust Agreement (Dominion CNG Capital Trust Ii), Trust Agreement (Dominion Resources Capital Trust Iv), Trust Agreement (CSX Capital Trust 1)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.17.1, or if the number of Trustees is increased pursuant to Section 6.17.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than twotwo Regular Trustees, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.67.7.

Appears in 4 contracts

Samples: Trust Agreement (Met Ed Capital Trust), Trust Agreement (Metropolitan Edison Co), Trust Agreement (Pennsylvania Electric Co)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.16.01, or if the number of Trustees is increased pursuant to Section 6.16.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.66.07.

Appears in 3 contracts

Samples: Trust Agreement (Txu Europe Funding I L P), Trust Agreement (Txu Europe Funding I L P), Trust Agreement (Texas Utilities Co /Tx/)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.14.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.5.

Appears in 3 contracts

Samples: Subscription Agreement (Four Oaks Fincorp Inc), Capstead Mortgage Corp, SCBT Financial Corp

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 3 contracts

Samples: Declaration of Trust (Provident Capital Trust Iii), Declaration of Trust (First Security Capital V), Declaration of Trust (Washington Mutual Capital I)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 3 contracts

Samples: MDC Holdings Inc, Vanstar Financing Trust, Suiza Foods Corp

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.16.01, or if the number of Trustees is increased pursuant to Section 6.16.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.66.07.

Appears in 3 contracts

Samples: Trust Agreement (Abn Amro Holding N V), Trust Agreement (Abn Amro Bank Nv), Trust Agreement (Abn Amro Bank Nv)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Trustees Regular Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 2 contracts

Samples: Trust Agreement (Municipal Mortgage & Equity LLC), Exchange Agreement (Insignia Financial Group Inc /De/)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.01, or if the number of Trustees is increased pursuant to Section 6.15.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.07.

Appears in 2 contracts

Samples: Trust Agreement (Mutual Risk Management LTD), Trust Agreement (Hercules Inc)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees (or, if there are more than two, a majority of the Administrative Trustees Trustees) shall be conclusive evidence of the existence of such vacancy. The Any such vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 2 contracts

Samples: Trust Agreement (Berkley W R Corp), Trust Agreement (Berkley W R Corp)

Vacancies among Trustees. If a Trustee ceases to hold -------------------------- office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.14.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.5.

Appears in 2 contracts

Samples: First Banks, Inc, First Banks, Inc

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 2 contracts

Samples: Trust Agreement (Weyerhaeuser Co), Trust Agreement (Weyerhaeuser Co)

Vacancies among Trustees. If a Trustee ceases to hold ------------------------ office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.66.7.

Appears in 2 contracts

Samples: Trust Agreement (Hei Preferred Funding L P), Trust Agreement (Hawaiian Electric Industries Inc)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees (or, if there are more than two, a majority of the Administrative Trustees Regular Trustees) shall be conclusive evidence of the existence of such vacancy. The Any such vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Protective Life Corp

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.l, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Trust Agreement (Greater Bay Bancorp)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.14.1, or if the number of Trustees is increased pursuant to Section 6.14.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.4.

Appears in 1 contract

Samples: First Community Bancorp /Ca/

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.l, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees Administrators or, if there are more than two, a majority of the Administrative Trustees Administrators shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Trust Agreement (CNBF Capital Trust I)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1 or Section 5.2, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.7.

Appears in 1 contract

Samples: Sandy Spring Capital Trust I

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.01, or if the number of Trustees is increased pursuant to Section 6.15.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.06.

Appears in 1 contract

Samples: Transfer and Exchange

Vacancies among Trustees. If a Trustee ceases to -------------------------- hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.14.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.5.

Appears in 1 contract

Samples: First Banks, Inc

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.01, or if the number of Trustees is increased pursuant to Section 6.15.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.07.

Appears in 1 contract

Samples: Nuevo Energy Co

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than twotwo Regular Trustees, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Kennametal Financing I

AutoNDA by SimpleDocs

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.7.

Appears in 1 contract

Samples: Bay View Capital Corp

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees (or, so long as there are only two Regular Trustees, by both of the Regular Trustees) shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Zenith National Insurance Corp

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.01, or if the number of Trustees is increased pursuant to Section 6.15.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.06.

Appears in 1 contract

Samples: Ohio Casualty Corp

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.14.1, or if the number of Trustees is increased pursuant to Section 6.14.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.6.

Appears in 1 contract

Samples: Guarantee Agreement (Land O Lakes Inc)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Reliastar Financing V

Vacancies among Trustees. If a Trustee ceases to hold office ------------------------ for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: American Equity Investment Life Holding Co

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancyvacancy and copies of any such resolution shall be distributed promptly to the remaining Trustees. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.65.6.

Appears in 1 contract

Samples: Guarantee Agreement (NVP Capital Iii)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees 44 37 or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 1 contract

Samples: Declaration of Trust (Provident Capital Trust Iv)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, 5.01 or if the number of Trustees is increased pursuant to Section 6.15.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.the requirements of this Article V.

Appears in 1 contract

Samples: Declaration of Trust (Time Warner Inc)

Vacancies among Trustees. If a Trustee ceases to hold ------------------------ office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.14.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.5.

Appears in 1 contract

Samples: First Banks, Inc

Vacancies among Trustees. If a Trustee ceases to hold ------------------------ office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 1 contract

Samples: Trust Agreement (Consolidated Natural Gas Co/Va)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.the

Appears in 1 contract

Samples: Trust Agreement (Hercules Inc)

Vacancies among Trustees. If a Trustee ceases to hold ----------- ------------------------ office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 1 contract

Samples: Trust Agreement (Chittenden Capital Trust I)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Regular Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.66.7.

Appears in 1 contract

Samples: Merrill Lynch Preferred Capital Trust Iv

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1, 4.1 a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees Trustees, shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.7.

Appears in 1 contract

Samples: Tower Group, Inc.

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, or if the number of Trustees is increased pursuant to Section 6.1reason, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.64.6.

Appears in 1 contract

Samples: Voting Agreement and Irrevocable Proxy (HMP Equity Holdings CORP)

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.1, 5.01 or if the number of Trustees is increased pursuant to Section 6.15.01, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Regular Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.of

Appears in 1 contract

Samples: Time Warner Inc

Vacancies among Trustees. If a Trustee ceases to hold office for any reason and the number of Trustees is not reduced pursuant to Section 6.15.1, or if the number of Trustees is increased pursuant to Section 6.15.1, a vacancy shall occur. A resolution certifying the existence of such vacancy by the Administrative Trustees or, if there are more than two, a majority of the Administrative Trustees shall be conclusive evidence of the existence of such vacancy. The vacancy shall be filled with a Trustee appointed in accordance with Section 6.6.

Appears in 1 contract

Samples: Ml Bancorp Inc

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