Replacement of Collateral Agent. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s acceptance of appointment as provided in this SECTION 11.1(e). The Collateral Agent may resign in writing at any time by so notifying the Issuers, the Trustee and each Additional Pari Passu Agent. The Issuers may remove the Collateral Agent if:
Appears in 4 contracts
Samples: Security Agreement (Tops Holding Ii Corp), Security Agreement (Tops Markets Ii Corp), Security Agreement (Tops Holding Corp)
Replacement of Collateral Agent. (a) A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s acceptance of appointment as provided in this SECTION 11.1(e)Section 8.6. The Collateral Agent may resign in writing at any time by so notifying the Issuers, Company and the Trustee and each Additional Pari Passu AgentTrustee. The Issuers Company may remove the Collateral Agent if:
Appears in 2 contracts
Samples: Pledge and Security Agreement (Savient Pharmaceuticals Inc), Pledge and Security Agreement (Kv Pharmaceutical Co /De/)
Replacement of Collateral Agent. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s acceptance of appointment as provided in this SECTION 11.1(e)Section 19. The Collateral Agent may resign in writing at any time by so notifying the Issuers, the Trustee and each Additional Pari Passu Agent. The Issuers may remove the Collateral Agent if:
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Replacement of Collateral Agent. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s acceptance of appointment as provided in this SECTION 11.1(e). The Collateral Agent may resign in writing at any time by so notifying the Issuers, the Trustee and each Additional Pari Passu Agent. The Issuers may remove the Collateral Agent if:Section 5.6.
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Replacement of Collateral Agent. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s acceptance of appointment as provided in this SECTION 11.1(e)Section 11.09. The Collateral Agent may resign in writing at any time by so notifying the Issuers, the Trustee and each Additional Pari Passu AgentIssuer. The Issuers Holders of a majority in outstanding principal amount of the outstanding Notes may remove the Collateral Agent by so notifying the Collateral Agent and the Issuer. The Issuer shall remove the Collateral Agent if:
Appears in 1 contract
Samples: Digicel Pacific LTD
Replacement of Collateral Agent. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s 's acceptance of appointment as provided in this SECTION 11.1(e)Section 5.6. The Collateral Agent may resign in writing at any time and be discharged from the agency created hereby created by so notifying the Issuers, the Trustee and each Additional Pari Passu AgentCompany. The Issuers Holders of a majority in principal amount of the then Outstanding Notes may remove the Collateral Agent by so notifying Collateral Agent, as applicable, and Company in writing. Company may remove Collateral Agent, as applicable, if:
Appears in 1 contract
Samples: Security Agreement (Air Packaging Technologies Inc)
Replacement of Collateral Agent. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent shall become effective only upon the successor Collateral Agent’s acceptance of appointment as provided in this SECTION 11.1(eSection 10(e). The Collateral Agent may resign in writing at any time by so notifying the IssuersCompany, the Trustee and each Additional Pari Passu Agent. The Issuers Company may remove the Collateral Agent if:
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