Common use of Alternatively the Agent may resign by giving notice to the Lenders and the Borrower Clause in Contracts

Alternatively the Agent may resign by giving notice to the Lenders and the Borrower. in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent.

Appears in 4 contracts

Samples: Assignment Agreement (Enstar Group LTD), Agreement (Mercer International Inc.), Term Facility Agreement (Sterlite Industries (India) LTD)

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Alternatively the Agent may resign by giving notice to the Lenders and the Borrower. in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agentagent.

Appears in 1 contract

Samples: Intercreditor Agreement (Sappi LTD)

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