Common use of Alternatively 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

Sources: Loan Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (PCGI Intermediate Holdings LTD), Term Facility Agreement (Enstar Group LTD)

Alternatively. the Agent may resign by giving 30 days' 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 3 contracts

Sources: Revolving Loan Facilities Agreement (Super Micro Computer, Inc.), Senior Term Facilities Agreement (CorpAcq Group PLC), Senior Term Facilities Agreement (CorpAcq Group PLC)

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

Appears in 2 contracts

Sources: Facility Agreement (TTM Technologies Inc), Facility Agreement (TTM Technologies Inc)

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

Appears in 2 contracts

Sources: Facility Agreement (PCGI Intermediate Holdings LTD), Facility Agreement (Lillian Acquisition, Inc.)

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

Appears in 2 contracts

Sources: Syndicated Loan Agreement (New Fortress Energy LLC), Syndicated Loan Agreement (NFE Financial Holdings LLC)

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

Appears in 1 contract

Sources: Loan Agreement (Archstone Smith Trust)

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

Appears in 1 contract

Sources: Senior Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc)

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

Appears in 1 contract

Sources: Loan Agreement (Prestige Cruises International, Inc.)

Alternatively. the an 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 1 contract

Sources: Facility Agreement (Telecom Italia S P A)

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

Appears in 1 contract

Sources: Multicurrency Revolving Facility Agreement (Misys PLC)

Alternatively. the Facility 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 Facility Agent.

Appears in 1 contract

Sources: Senior Term Facility Agreement (SemGroup Corp)

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

Appears in 1 contract

Sources: Facilities Agreement (Royal Ahold)

Alternatively. the a Transaction 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 Transaction Agent.

Appears in 1 contract

Sources: Facility Agreement (China Mengniu Dairy Co LTD)

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

Appears in 1 contract

Sources: Credit Facilities (Imperial Tobacco Group PLC)

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

Appears in 1 contract

Sources: Credit Facilities Agreement (Royal Ahold)