Common use of Replacement of an Issuing Bank Clause in Contracts

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12successor

Replacement of an Issuing Bank. An The Issuing Bank may be replaced or resign at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such resignation or replacement of an the Issuing Bank. At the time any such resignation or replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.123.05

Replacement of an Issuing Bank. An Each Issuing Bank may be replaced or retire at any time by written agreement among the Borrower, the Administrative AgentAgent and as applicable, the replaced such Issuing Bank and the or a successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement or retirement of an the applicable Issuing Bank. At the time any such replacement or retirement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.123.05

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12Bank

Replacement of an Issuing Bank. An (a) Any Issuing Bank may be replaced at any time by written agreement among the Borrower, a new Issuing Bank and the Administrative AgentAgent (with notice to such replaced Issuing Bank); provided, however, that, if the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders so requests, any Letter of any Credit issued by such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant shall be replaced and cancelled prior to Section 2.12the removal of such Issuing Bank and all fees and other amounts owed to such removed Issuing Bank shall be paid to it.

Replacement of an Issuing Bank. An Any Issuing Bank may be replaced or resign at any time by written agreement among the Borrower, the Administrative Agent, the such replaced Issuing Bank and the a successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such resignation or replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.123.05

Replacement of an Issuing Bank. An Any Issuing Bank may be replaced or resign at any time by written agreement among the Borrower, the Administrative Agent, the such resigning or replaced Issuing Bank and and, in the case of a replacement, the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such resignation or replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12an

Replacement of an Issuing Bank. An (a) Any Issuing Bank may be replaced at any time by written agreement among the Borrower, a new Issuing Bank and the Administrative AgentAgent (with notice to such replaced Issuing Bank); provided, however, that, if the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders so requests, any Working Capital Letter of any Credit issued by such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant shall be replaced and cancelled prior to Section 2.12or concurrently with the removal of such Issuing Bank and all fees and other amounts owed to such removed Issuing Bank shall be paid to it.