Common use of Replacement of Trustee or Collateral Agent Clause in Contracts

Replacement of Trustee or Collateral Agent. (a) A resignation or removal of the Trustee or the Collateral Agent and appointment of a successor Trustee or successor Xxxxxxxxxx Agent will become effective only upon the successor Trustee’s or successor Xxxxxxxxxx Agent’s acceptance of appointment as provided in this Section 7.08.

Appears in 2 contracts

Samples: Indenture (Viking Holdings LTD), Indenture (Viking Holdings LTD)

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Replacement of Trustee or Collateral Agent. (a) A resignation or removal of the Trustee or the Collateral Agent and appointment of a successor Trustee or successor Xxxxxxxxxx Agent will become effective only upon the successor Trustee’s or successor Xxxxxxxxxx Agent’s acceptance of appointment as provided in this Section 7.08. References to the Trustee in this Section 7.08 shall include the Trustee in its role as Collateral Agent.

Appears in 2 contracts

Samples: Indenture (Gastar Exploration USA, Inc.), Gastar Exploration LTD

Replacement of Trustee or Collateral Agent. (a) A resignation or removal of the Trustee or the Collateral Agent and appointment of a successor Trustee or successor Xxxxxxxxxx Agent will become effective only upon the successor Trustee’s or successor Xxxxxxxxxx Agent’s acceptance of appointment as provided in this Section 7.087.07. A resignation or removal of the Collateral Agent and appointment of a successor Collateral Agent will become effective as provided in this Section 7.07.

Appears in 1 contract

Samples: Indenture (Lindblad Expeditions Holdings, Inc.)

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Replacement of Trustee or Collateral Agent. (a) A resignation or removal of the Trustee or the Collateral Agent and appointment of a successor Trustee or successor Xxxxxxxxxx Collateral Agent will shall become effective only upon the successor Trustee’s or the successor Xxxxxxxxxx Collateral Agent’s acceptance of appointment as provided in this Section 7.08.

Appears in 1 contract

Samples: Indenture (Symbion Inc/Tn)

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