Common use of Agent Resignation Clause in Contracts

Agent Resignation. With the prior written consent of ESPV, Agent may resign from the obligations and duties hereby imposed on it upon ninety (90) calendar days’ prior written notice to ESPV. If ESPV, despite its commercially reasonable efforts, is unable to obtain a replacement to fulfill the obligations and duties imposed on Agent by this Agreement, ESPV may, upon not less than thirty (30) calendar days’ prior written notice to Agent, obligate Agent to delay its resignation and fulfill the obligations and duties imposed on Agent by this Agreement until a replacement is obtained. Upon such resignation and no successor having been appointed, ESPV shall not make any Purchases. In connection with any resignation of Agent pursuant to this Section 6.2 or termination of this Agreement, the parties shall cooperate with each other in effectuating the transfer of the duties of Agent hereunder, and Agent shall deliver to ESPV or its designees, any information or files in its possession relating to the Services as of the date of effectiveness of Agent’s resignation; provided, for the avoidance of doubt, any costs, fees and expenses associated with the Agent’s resignation under this Section 6.2 shall be borne solely by the Agent.

Agent Resignation. With the prior written consent of ESPVEFSPV, Agent may resign from the obligations and duties hereby imposed on it upon ninety (90) calendar days’ ' prior written notice to ESPVEFSPV. If ESPVEFSPV, despite its commercially reasonable efforts, is unable to obtain a replacement to fulfill the obligations and duties imposed on Agent by this Agreement, ESPV EFSPV may, upon not less than thirty (30) calendar days’ ' prior written notice to Agent, obligate Agent to delay its resignation and fulfill the obligations and duties imposed on Agent by this Agreement until a replacement is obtained. Upon such resignation and no successor having been appointed, ESPV EFSPV shall not make any Purchases. In connection with any resignation of Agent pursuant to this Section 6.2 or termination of this Agreement, the parties shall cooperate with each other in effectuating the transfer of the duties of Agent hereunder, and Agent shall deliver to ESPV EFSPV or its designees, any information or files in its possession relating to the Services as of the date of effectiveness of Agent’s 's resignation; provided, for the avoidance of doubt, any costs, fees and expenses associated with the Agent’s 's resignation under this Section 6.2 shall be borne solely by the Agent.