Successor Documentation Agent Sample Clauses

Successor Documentation Agent. The Documentation Agent may, and at the request of the Required Bankx xxxll, resign as Documentation Agent, upon thirty days' notice to the Banks and the Company. If the Documentation Agent resigns under this Agreement, the Required Banks shall appoint from among the Banks a successor Documentation Agent which successor Documentation Agent shall be subject to the reasonable approval of the Company, provided no Event of Default then exists. If no successor Documentation Agent is appointed prior to the effective date of the resignation of the resigning Documentation Agent, the Documentation Agent may appoint, after consulting with the Banks and subject to the approval of the Company, a successor Documentation Agent from among the Banks. Upon the acceptance of its appointment as successor Documentation Agent hereunder, such successor Documentation Agent shall succeed to all the rights, powers and duties of the retiring Documentation Agent and the term "Documentation Agent" shall mean such successor Documentation Agent and the retiring Documentation Agent's appointment, rights, powers and duties in such capacity shall be terminated. After any retiring Documentation Agent's resignation hereunder as Documentation Agent, the provisions of this Article IX and Sections 10.04 and 10.05 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was the Documentation Agent under this Agreement. If no successor Documentation Agent has accepted appointment as Documentation Agent by the date which is thirty days following a retiring Documentation Agent's notice of resignation, the retiring Documentation Agent's notice of resignation shall nevertheless thereupon become effective and the Banks shall perform all of the duties of the Documentation Agent until such time, if any, as the Required Banks appoint a successor Documentation Agent as provided for above.
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Successor Documentation Agent. The Documentation Agent may resign as Documentation Agent upon 30 days' notice to the Lenders. If the Documentation Agent shall resign as Documentation Agent under this Agreement and the other Loan Documents, then the Required Lenders shall appoint from among the Lenders a successor agent for the Lenders, which successor agent shall be approved by the Company, whereupon such successor agent shall succeed to the rights, powers and duties of the Documentation Agent, and the term "Documentation Agent" shall mean such successor agent effective upon such appointment and approval, and the former Documentation Agent's rights, powers and duties as Documentation Agent shall be terminated, without any other or further act or deed on the part of such former Documentation Agent or any of the parties to this Agreement or any holders of the Notes. After any retiring Documentation Agent's resignation as Documentation Agent, the provisions of this subsection shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Documentation Agent under this Agreement and the other Loan Documents.
Successor Documentation Agent. 69 Section 7.9 Notice of Default. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70
Successor Documentation Agent. The Documentation Agent may resign at any time by giving written notice thereof to the Banks, the Administrative Agent, the Auction Administration Agent, and the Company and may be removed as Documentation Agent under this Agreement and the other Loan Papers at any time with or without cause by the Majority Banks. Upon any such resignation or removal, the Majority Committed Banks or, after termination of the Commitments, the Majority Banks shall have the right, with the consent of the Company (provided that the Company's consent shall not be required during the continuance of a Default or an Event of Default), to appoint a successor Documentation

Related to Successor Documentation Agent

  • Syndication Agent and Documentation Agent Neither the Syndication Agent nor the Documentation Agent shall have any duties or responsibilities hereunder in its capacity as such.

  • Documentation Agent and Syndication Agent Neither the Documentation Agent nor the Syndication Agent shall have any duties or responsibilities hereunder in its capacity as such.

  • Documentation Agent 45 SECTION 10. MISCELLANEOUS................................................................................ 45

  • Syndication Agent The Syndication Agent shall not have any duties or responsibilities hereunder in its capacity as such.

  • Responsibility for documentation Neither the Agent nor the Arranger:

  • Successor Agent and Co Agents 12.8.1. Subject to the appointment and acceptance of a successor Agent as provided below, Agent may resign at any time by giving at least 30 days written notice thereof to each Lender and Borrowers. Upon receipt of any notice of such resignation, the Required Lenders, after prior consultation with (but without having to obtain consent of) each Lender, shall have the right to appoint a successor Agent which shall be (i) a Lender, (ii) a United States based affiliate of a Lender or (iii) a commercial bank that is organized under the laws of the United States or of any State thereof and has a combined capital surplus of at least $200,000,000 and, provided no Default or Event of Default then exists, is reasonably acceptable to Borrowers (and for purposes hereof, any successor to Bank shall be deemed acceptable to Borrowers). Upon the acceptance by a successor Agent of an appointment to serve as an Agent hereunder, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent without further act, deed or conveyance, and the retiring Agent shall be discharged from its duties and obligations hereunder. After any retiring Agent’s resignation hereunder as Agent, the provisions of this Section 12 (including the provisions of Section 12.6 hereof) shall continue in effect for its benefit in respect of any actions taken or omitted to be taken by it while it was acting as Agent. Notwithstanding anything to the contrary contained in this Agreement, any successor by merger or acquisition of the stock or assets of Bank shall continue to be Agent hereunder unless such successor shall resign in accordance with the provisions hereof.

  • Secretary’s Certificate; Further Documentation Prior to the date of the first Placement Notice, the Company shall deliver to the Agent a certificate of the Secretary of the Company and attested to by an executive officer of the Company, dated as of such date, certifying as to (i) the Certificate of Incorporation of the Company, (ii) the By-laws of the Company, (iii) the resolutions of the Board of Directors of the Company authorizing the execution, delivery and performance of this Agreement and the issuance of the Placement Shares and (iv) the incumbency of the officers duly authorized to execute this Agreement and the other documents contemplated by this Agreement. Within five (5) Trading Days of each Representation Date, the Company shall have furnished to the Agent such further information, certificates and documents as the Agent may reasonably request.

  • Collateral Agency Agreement New Secured Party hereby acknowledges receipt of a copy of the executed Collateral Agency Agreement. New Secured Party hereby becomes (and is hereby designated by GECC) a Secured Party under the Collateral Agency Agreement. New Secured Party agrees to be bound by the terms thereof and hereby authorizes Collateral Agent to act on its behalf under the Collateral Agency Agreement with respect to its Designated Lease Assets set forth on Schedule I attached hereto.

  • Closing Documentation, etc For purposes of determining compliance with the conditions set forth in §12, each Lender that has executed this Credit Agreement shall be deemed to have consented to, approved or accepted, or to be satisfied with, each document and matter either sent, or made available, by any Agent or any Co-Lead Arranger to such Lender for consent, approval, acceptance or satisfaction, or required thereunder to be consented to or approved by or acceptable or satisfactory to such Lender, unless an officer of the Administrative Agent active upon the Borrowers’ account shall have received notice from such Lender prior to the Closing Date specifying such Lender’s objection thereto and such objection shall not have been withdrawn by notice to the Administrative Agent to such effect on or prior to the Closing Date.

  • Trustee, Paying Agents, Conversion Agents, Bid Solicitation Agent or Note Registrar May Own Notes The Trustee, any Paying Agent, any Conversion Agent, Bid Solicitation Agent (if other than the Company or any Affiliate thereof) or Note Registrar, in its individual or any other capacity, may become the owner or pledgee of Notes with the same rights it would have if it were not the Trustee, Paying Agent, Conversion Agent, Bid Solicitation Agent or Note Registrar.

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