Examples of Successor Administrative Agent in a sentence
The fees payable by the Company to the Successor Administrative Agent shall be the same as those payable to the Existing Dismissed Administrative Agent unless otherwise agreed between the Company and the Successor Administrative Agent.
Upon the acceptance of its appointment as an Administrative Agent hereunder by the Successor Administrative Agent, such Successor Administrative Agent shall succeed to and become vested with all the rights, powers, privileges and duties of the Existing Dismissed Administrative Agent, and the Existing Dismissed Administrative Agent shall be discharged from its duties and obligations hereunder.
After such notice of dismissal is sent by the Company, the Company shall have the right to appoint the Successor Administrative Agent.