Effective Date of Resignation or Removal. Resignation or removal of a Trustee shall take effect on the date specified in the notice of resignation or removal, but the date thus specified shall not be less than 60 days following the date of mailing or delivery of such notice unless otherwise agreed by the parties.
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Sources: Trust Agreement, Trust Agreement
Effective Date of Resignation or Removal. Resignation or removal of a the Trustee shall take effect on the date specified in the notice of resignation or removalresignation, but the date thus specified shall not be less than 60 sixty (60) days following the date of mailing or delivery receipt of such notice unless otherwise agreed by the partiesSponsor. Removal of the Trustee shall take effect immediately upon receipt of the notice of removal by the Trustee, or on such later date as may be specified in the notice of removal.
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