Alternatively the Security Sample Clauses
Alternatively the Security. Agent may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Security Agent.
Alternatively the Security. Trustee may resign by giving notice to the other Parties (or to the Agent on behalf of the Lenders) in which case the Majority Lenders may (after consultation with the Borrower) appoint a successor Security Trustee.
Alternatively the Security. Agent may resign by giving 30 days’ notice to the Lenders and the Borrower, in which case the Majority L▇▇▇▇▇▇ may appoint a successor Security Agent.
Alternatively the Security. Agent may resign by giving notice to the Senior Agent, the Borrower, RPM and each of the Secured Parties, in which case the Instructing Creditor may appoint a successor Security Agent, provided that the Instructing Creditor shall, where reasonably practicable, consult with RPM on the appointment of the successor Security Agent.
Alternatively the Security. Agent may resign by giving 30 days’ notice to the Secured Parties and the Company, in which case the Majority Participants (acting reasonably and after consultation with the Company but without the Company having a right to veto) may appoint a successor Security Agent.
