Agents may appoint successors. If the Fiscal Agent gives notice of its resignation in accordance with Clause 12.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 12.4 (Additional and successor agents), the Registrar or (as the case may be) Fiscal Agent may itself, following such consultation with the Issuer as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer, the remaining Agents and the Holders, whereupon the Issuer, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Principal Paying Agent, the Class Z VFN Registrar or the Agent Bank gives notice of its resignation in accordance with Clause 11.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 11.4 (Additional and successor Agents), the Principal Paying Agent, the Class Z VFN Registrar or the Agent Bank (as the case may be) may itself, following such consultation with the Issuer as is practicable in the circumstances and with the prior written approval of the Note Trustee and, provided that no Event of Default has occurred, with the prior written approval of the Issuer (such approval not to be unreasonably withheld or delayed), appoint as its successor any reputable and experienced financial institution provided that there will be at all times be a person appointed to perform the obligations of the Principal Paying Agent with a specified office in London and the Class Z VFN Registrar with a specified office in London. The Principal Paying Agent, the Class Z VFN Registrar or the Agent Bank (as applicable) shall give notice of such appointment to the Issuer, the remaining Agents, the Note Trustee and the Security Trustee, the Rating Agencies and the Noteholders, whereupon the Issuer, the remaining Agents, the Note Trustee and the Security Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form of (and on the same terms as) this Agreement.
Agents may appoint successors. If the Principal Paying Agent gives notice of its resignation in accordance with Clause 10.1 (Resignation) and by the fifth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 10.4 (Additional and successor agents), the Principal Paying Agent (as the case may be) may itself, following such consultation with the Issuer and the Guarantor as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer, the remaining Agents and the Bondholders, whereupon the Issuer, the Guarantor, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Fiscal Agent, Registrar, Calculation Agent or any Required Agent gives notice of its resignation in accordance with Clause 14.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 14.4 (Additional and successor agents), the Fiscal Agent or (as the case may be), Registrar, Calculation Agent or Required Agent may itself, following such consultation with the Issuer and the Guarantor as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer, the Guarantor, the remaining Agents and the Noteholders, whereupon the Issuer, the Guarantor, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Registrar, Required Agent or a Principal Paying Agent gives notice of its resignation in accordance with Clause 12.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 12.4 (Additional and Successor Agents), the Registrar or (as the case may be) the Principal Paying Agent or the Required Agent may itself, following such consultation with the Issuer as is practicable in the circumstances and with the prior written approval of the Trustee, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer, the Borrower, the remaining Agents, the Trustee and the Noteholders, whereupon the Issuer, the Borrower, the remaining Agents, the Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Registrar or Principal Paying Agent gives notice of its resignation in accordance with Clause 12.1 and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 12.4, the Registrar or (as the case may be) the Principal Paying Agent may itself, following such consultation with the Issuer as is practicable in the circumstances and with the prior written approval of the Trustee, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer, Gazprom, the remaining Agents, the Trustee and the Noteholders, whereupon the Issuer, Gazprom, the remaining Agents, the Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Fiscal Agent, Registrar, Calculation Agent or any Required Agent gives notice of its resignation in accordance with Clause 14.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 14.4 (Additional and successor agents), the Fiscal Agent or (as the case may be), Registrar, Calculation Agent or Required Agent may itself, following such consultation with the Issuer as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution that complies with the eligibility requirements of the clearing systems and give notice of such appointment to the Issuer, the remaining Agents and the Noteholders, whereupon the Issuer, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Registrar, the Principal Paying and Transfer Agent or any Required Agent gives notice of its resignation in accordance with Clause 12.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 12.4 (Additional and Successor Agents), the Registrar or (as the case may be) the Principal Paying and Transfer Agent or the Required Agent may itself, following such consultation with the Issuer and the Guarantors as is practicable in the circumstances and with the prior written approval of the Trustee, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer and the Guarantors, the remaining Agents, the Trustee and the Noteholders, whereupon the Issuer, the Guarantors, the remaining Agents, the Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Registrar, Principal Paying Agent or a Required Agent gives notice of its resignation in accordance with Clause 12.1 and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 12.4, the Registrar, Principal Paying Agent or a Required Agent (as the case may be) may itself, following such consultation with the Issuer as is practicable in the circumstances and with the prior written approval of the Trustee, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuer, RZD, the remaining Agents, the Trustee and the Noteholders, whereupon the Issuer, RZD, the remaining Agents, the Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
Agents may appoint successors. If the Registrar or Principal Paying Agent gives notice of its resignation in accordance with Clause 17.1 and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 17.3, the Registrar or the Principal Paying Agent (as the case may be) may itself at the cost of the Issuer appoint as its successor any reputable and experienced financial institution which is resident in such a jurisdiction and give notice of such appointment to the Issuer, the Guarantor the remaining Agents, the Trustee whereupon the Issuer, the remaining Agents, the Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.
