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.
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Validus Holdings LTD)
Alternatively the Security. Trustee may resign by giving notice to the other Finance Parties (or to and the Agent on behalf of the Lenders) Borrower, in which case the Majority Lenders may (after consultation with the Borrower) may appoint a successor Security Trustee.
Appears in 1 contract
Sources: Borrowing Base Facility Agreement (Transglobe Energy Corp)
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 in consultation with the Borrower) may appoint a successor Security Trustee.
Appears in 1 contract
Sources: Borrowing Base Facility Agreement (MIE Holdings Corp)