Condition to Resignation or Termination. No resignation or (subject to Clause 14) termination of the appointment of the Fiscal Agent or the Registrar shall, however, take effect until a new Fiscal Agent or Registrar, as the case may be, (which in each case shall be a bank or trust company) has been appointed.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 14.7) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 17.5) termination of the appointment of any Agent shall take effect unless the Issuer maintains Agents in accordance with the Conditions. The Issuer agrees with the relevant retiring Agent, that if any such successor Agent is required in accordance with this Clause 17.3, and by the day falling ten days before the expiry of any notice under Clause 17.1 or Clause 17.2, the Issuer has not appointed such a successor Agent approved by the Trustee, then the relevant retiring Agent shall be entitled, on behalf of the Issuer and at the expense of the Issuer, to appoint as a successor Agent in its place a reputable independent financial institution of good standing which the Issuer and the Trustee shall approve.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 14.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions or by the rules of any stock exchange for so long as the Notes are then listed on such stock exchange. The Issuer agrees with the Agent that if, by the day falling 7 days before the expiry of any notice, the Issuer has not appointed a successor Agent then the Agent shall be entitled, on behalf of the Issuer, to appoint in its place as a successor Agent, a reputable financial institution of good standing on terms approved by the Trustee. The Agents shall not be responsible for any costs occasioned by termination or resignation (which costs shall be borne by the Issuer).
Condition to Resignation or Termination. No resignation or (subject to Clause 14.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions. The Issuer agrees with each Paying Agent that if, by the day falling 10 days before the expiry of any notice, the Issuer has not appointed a successor Paying Agent, then the Paying Agent shall be entitled, on behalf of the Issuer, to appoint in its place as a successor Paying Agent, any reputable financial institution of good standing which the Issuer shall approve.
Condition to Resignation or Termination no resignation or (subject to Clause 12.9 (Reliance upon written instruments)) termination of the appointment of the Principal Paying Agent, the Registrar or a Transfer Agent shall, however, take effect until a new Principal Paying Agent, Registrar or Transfer Agent (in the case of a Transfer Agent, to the extent no further Transfer Agent is already in office)as the case may be, (which shall be a financial institution, bank or trust company) approved in writing by the Trustee has been appointed.
Condition to Resignation or Termination. No resignation or (subject to Clause 18.5) termination of the appointment of the Principal Paying Agent, Principal Transfer and Exchange Agent or Registrar shall, however, take effect until a new Principal Paying Agent, Principal Transfer and Exchange Agent or Registrar (which in any case shall be a bank or trust company) has been appointed provided that in the absence of such appointment within 60 days of notice being given by such Agent of its intention to resign, such Agent shall be entitled to appoint its own replacement (in the case of a replacement Principal Paying Agent, having its specified office in London) acceptable to the Trustee. No resignation or termination of the appointment of an Agent shall take effect if as a result of such resignation or termination the proviso to Clause 18.1 would not be satisfied.
Condition to Resignation or Termination. No resignation or (subject to Clause 13.5) termination of the appointment of the Fiscal Agent shall, however, take effect until a new Fiscal Agent (which shall be a bank or trust company) has been appointed. If the Issuer and the Guarantor fail to appoint a successor within 10 days before the expiry of any notice given under Clause 13.1 and 13.2, then the Agent may on behalf of the Issuer and the Guarantor, appoint a successor that is a reputable and experienced financial institution of good standing subject to the prior approval in writing of the Issuer and the Guarantor.
Condition to Resignation or Termination. No resignation or (subject to Clause 16.5) termination of the appointment of the Fiscal Agent shall, however, take effect until a new Fiscal Agent (which shall be a bank or trust company) has been appointed. If, by the date falling 10 days prior to the expiration of any notice given by the Fiscal Agent pursuant to Clause 16.2 above, the Issuer has failed to appoint a new Fiscal Agent, the Fiscal Agent may appoint a successor Fiscal Agent on the Issuer’s behalf.
Condition to Resignation or Termination. No resignation or (subject to Clause 15.5) termination of the appointment of the Principal Paying Agent or Calculation Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) or, as the case may be, Calculation Agent, has been appointed. If, within 30 days of the written notice of resignation of the Principal Paying Agent or the Calculation Agent (as the case may be), a new Principal Paying Agent or Calculation Agent (as the case may be) has not been appointed by the Issuer, the resigning Principal Paying Agent or Calculation Agent (as the case may be) may select a successor (approved in writing by the Trustee) to act as Principal Paying Agent or Calculation Agent (as the case may be) and the Issuer shall be deemed to have agreed to such appointment.
