Common use of Resignation or Removal of the Trustee Clause in Contracts

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may be removed by the Company upon sixty (60) days notice in writing to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee).

Appears in 4 contracts

Samples: Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp), Trust Agreement (Carpenter Technology Corp)

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Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty thirty (6030) days days' notice in writing to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee)writing.

Appears in 4 contracts

Samples: Trust Agreement (Mid Atlantic Medical Services Inc), Trust Agreement (Mid Atlantic Medical Services Inc), Compensation Trust Agreement (Mid Atlantic Medical Services Inc)

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days on not less than 30 days’ written notice in writing to the Company (which sixty (60) days Authority and the Holders. The Trustee will promptly certify to the Authority that it has given written notice requirement may to all Holders and such certificate will be waived by agreement in writing of the Company)conclusive evidence that such notice was given as required hereby. Prior to a Change in Control, or a Potential Change in Control, the The Trustee may be removed by written notice from the Company upon sixty Authority (60if not in default) days notice or a Majority in writing Interest of the Outstanding Senior Bonds to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of and the Trustee)Authority. Such resignation or removal shall not take effect until a successor has been appointed.

Appears in 2 contracts

Samples: Original Indenture, Original Indenture

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty thirty (6030) days days' notice in writing writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing only with the written consent of two-thirds of the Trustee)Participants to whom additional Benefits are payable pursuant to a Payment Schedule then in effect. The Recordkeeper shall be solely responsible for obtaining and tabulating such consents and the Trustee may rely conclusively on information received from the Recordkeeper.

Appears in 2 contracts

Samples: Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc)

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty thirty (6030) days days’ notice in writing writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing only with the written consent of two-thirds of the Trustee)Participants to whom additional Benefits are payable pursuant to a Payment Schedule then in effect. The Recordkeeper shall be solely responsible for obtaining and tabulating such consents and the Trustee may rely conclusively on information received from the Recordkeeper.

Appears in 2 contracts

Samples: Trust Agreement (Hubbell Inc), Trust Agreement (Hubbell Inc)

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty (60) days days’ notice in writing writing, provided, however, that upon or after a Change of Control, the Company shall not have the right to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of remove the Trustee).

Appears in 1 contract

Samples: Trust Agreement (Colgate Palmolive Co)

Resignation or Removal of the Trustee. 1. The Trustee may resign at any time resign upon sixty (60) thirty days notice in writing to the Company (which sixty (60) days notice requirement may be waived by agreement in writing of the Company). Prior to a Change in ControlEmployer, or a Potential Change in Control, the Trustee and may be removed by the Company Employer at any time upon sixty (60) thirty days notice in writing to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee).

Appears in 1 contract

Samples: www.ncompliance.com

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty (60) days days’ notice in writing to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee)writing.

Appears in 1 contract

Samples: Trust Agreement (Wellchoice Inc)

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty (60) days days’ notice in writing writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing only with the written consent of two-thirds of the Trustee)Participants to whom additional Benefits are payable pursuant to a Payment Schedule then in effect. The Recordkeeper shall be solely responsible for obtaining and tabulating such consents and the Trustee may rely conclusively on information received from the Recordkeeper.

Appears in 1 contract

Samples: Trust Agreement (Newmont Mining Corp /De/)

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Resignation or Removal of the Trustee. 17.1 The Trustee may resign at any time resign upon sixty by giving ninety (6090) days notice in writing to the Company (which sixty (60) days notice requirement may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may be removed by the Company upon sixty (60) days notice in writing to the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee)Employer.

Appears in 1 contract

Samples: Platinum Underwriters Holdings LTD

Resignation or Removal of the Trustee. The Trustee may at any time resign upon sixty (60) days notice in writing to the Company (which sixty (60) days notice requirement and may be waived by agreement in writing of the Company). Prior to a Change in Control, or a Potential Change in Control, the Trustee may at any time be removed by the Company upon sixty (60) days days' notice in writing writing; provided, however, that following a Change of Control, the Company shall have the right to remove the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing only with the written consent of two-thirds of the Trustee)Participants for whom Accounts are held as part of the Trust Fund and to whom additional Benefits are payable pursuant to a Payment Schedule then in effect.

Appears in 1 contract

Samples: Trust Agreement (Gtech Holdings Corp)

Resignation or Removal of the Trustee. The Trustee may resign at any time resign upon sixty (60) days by giving notice in writing to the Company (which sixty (60) and the Committee at least 60 days notice requirement may be waived by agreement in writing of the Company). Prior before such resignation is to a Change in Controlbecome effective, or a Potential Change in Control, the Trustee may be removed by unless the Company upon sixty (60) days shall accept as adequate a shorter notice. The Company, by action of its Board of Directors, may remove, with or without cause, any Trustee acting hereunder by giving notice in writing to such Trustee at least 60 days before such removal is to become effective, unless the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee)shall accept as adequate a shorter notice.

Appears in 1 contract

Samples: Trust Agreement (Nordson Corp)

Resignation or Removal of the Trustee. The Trustee may resign at any time resign upon sixty (60) days by giving notice in writing to the Company (which sixty (60) and the Committee at least 60 days notice requirement may be waived by agreement in writing of the Company). Prior before such resignation is to a Change in Controlbecome effective, or a Potential Change in Control, the Trustee may be removed by unless the Company upon sixty (60) days shall accept as adequate a shorter notice. The Company, by action of its Board of Directors or their delegate, may remove, with or without cause, any Trustee acting hereunder by giving notice in writing to such Trustee at least 60 days before such removal is to become effective, unless the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee)shall accept as adequate a shorter notice.

Appears in 1 contract

Samples: Trust Agreement (Nordson Corp)

Resignation or Removal of the Trustee. The Trustee may resign at any time resign upon sixty (60) days by giving notice in writing to the Company (which sixty (60) and the Committee at least 30 days notice requirement may be waived by agreement in writing of the Company). Prior before such resignation is to a Change in Controlbecome effective, or a Potential Change in Control, the Trustee may be removed by unless the Company upon sixty (60) days shall accept as adequate a shorter notice. The Company, by action of its Board of Directors, may, with or without cause, remove any Trustee acting hereunder by giving notice in writing to such Trustee at least 30 days before such removal is to become effective, unless the Trustee (which sixty (60) days notice requirement may be waived by agreement in writing of the Trustee)shall accept as adequate a shorter notice.

Appears in 1 contract

Samples: Lsi Industries Inc

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