Common use of Voting Trustee Clause in Contracts

Voting Trustee. (a) The Voting Trustee (and any successor Voting Trustee) may at any time resign by notifying the Investor and the Company in writing of such resignation, which shall take effect ten days thereafter or upon the earlier acceptance thereof by the Company and the Investor. The Investor may also, at any time upon ten days’ prior notice, cause the resignation and replacement of the Voting Trustee. Subject to subparagraph (b), below, upon the death, incapacity, resignation or disqualification (as described below) of any Voting Trustee, the Investor shall appoint promptly a successor Voting Trustee.

Appears in 3 contracts

Samples: Investment Agreement (Mbia Inc), Investment Agreement (Mbia Inc), Voting Trust Agreement (Warburg Pincus Private Equity X, L.P.)

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Voting Trustee. (a) The Voting Trustee (and any successor Voting Trustee) may at any time resign by notifying the Investor and the Company in writing of such resignation, which shall take effect ten days thereafter or upon the earlier acceptance thereof by the Company and the Investor. The Investor may also, at any time upon ten days’ prior notice, cause the resignation and replacement of the Voting Trustee. Subject to subparagraph (b), below, upon the death, incapacity, resignation or disqualification (as described below) of any Voting Trustee, the Investor shall appoint promptly a successor Voting Trustee.

Appears in 2 contracts

Samples: Voting Trust Agreement (HRPT Properties Trust), Voting Trust Agreement (HRPT Properties Trust)

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Voting Trustee. (a) The Voting Trustee (and any successor Voting Trustee) may at any time resign by notifying the Investor Investor, the Company and the Company Custodian in writing of such resignation, which shall take effect ten thirty days thereafter or upon the earlier acceptance thereof by the Investor, the Company and the InvestorCustodian. The Investor may also, at any time upon ten days’ prior notice, cause the resignation and replacement of the Voting Trustee. Subject to subparagraph (b), below, upon the death, incapacity, resignation or disqualification (as described below) of any Voting Trustee, the Investor shall appoint promptly a successor Voting Trustee.

Appears in 1 contract

Samples: Trust Ii Agreement (Mbia Inc)

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