Common use of AGENT MAY APPOINT SUCCESSOR Clause in Contracts

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and the Eighth Issuer (provided such failure to appoint was not due to default by the Eighth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Sixth Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and the Eighth Sixth Issuer (provided such failure to appoint was not due to default by the Eighth Sixth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Sixth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Seventh Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and the Eighth Seventh Issuer (provided such failure to appoint was not due to default by the Eighth Seventh Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Seventh Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE Clause 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Ninth Issuer as is practicable in the circumstances and with the prior written approval of the Note Ninth Issuer Security Trustee and the Eighth Ninth Issuer (provided such failure to appoint was not due to default by the Eighth Ninth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Ninth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation or receives notice of the revocation of its appointment in accordance with CLAUSE Clause 12.1 or 12.2 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and the Eighth Issuer (provided such failure to appoint was not due to default by the Eighth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Sixth Issuer as is practicable in the circumstances and with the prior written approval of the Note Sixth Issuer Security Trustee and the Eighth Sixth Issuer (provided Provided such failure to appoint was not due to default by the Eighth Sixth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Sixth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Fifth Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and the Eighth Fifth Issuer (provided such failure to appoint was not due to default by the Eighth Fifth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Fifth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE Clause 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and the Eighth Issuer (provided such failure to appoint was not due to default by the Eighth Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Issuer, the remaining Agents and the Noteholders.

AGENT MAY APPOINT SUCCESSOR. If any Agent gives notice of its resignation in accordance with CLAUSE Clause 12.1 and by the tenth day before the expiration of such notice a Successor Agent has not been duly appointed, such Agent may itself, following such consultation with the Eighth Seventh Issuer as is practicable in the circumstances and with the prior written approval of the Note Seventh Issuer Security Trustee and the Eighth Seventh Issuer (provided Provided such failure to appoint was not due to default by the Eighth Seventh Issuer), appoint as its Successor Agent any reputable and experienced bank or financial institution and give notice of such appointment to the Eighth Seventh Issuer, the remaining Agents and the Noteholders.