Common use of Replacement of the Administrative Agent Clause in Contracts

Replacement of the Administrative Agent. (a) After consultation with the Administrative Borrower, the Required Lenders may, by giving 30 days’ notice to the Administrative Agent replace the Administrative Agent by appointing a successor Administrative Agent.

Appears in 2 contracts

Samples: Abl Credit Agreement (Univar Inc.), Credit Agreement (Univar Inc.)

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Replacement of the Administrative Agent. (a) After consultation with the Administrative Borrower, the Required Lenders may, by giving 30 days’ notice to the Administrative Agent replace the Administrative Agent by appointing a successor Administrative Agent.

Appears in 2 contracts

Samples: Agreement (Dorian LPG Ltd.), Credit Agreement Document (Integra Leasing As)

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Replacement of the Administrative Agent. (a) After consultation with the Administrative Borrower, the Required Lenders may, by giving 30 days' notice to the Administrative Agent replace the Administrative Agent by appointing a successor Administrative Agent.

Appears in 1 contract

Samples: Agreement (Dorian LPG Ltd.)

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