Common use of Resignation and Removal; Appointment of Successor Clause in Contracts

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 136 contracts

Samples: Purchase Contract and Pledge Agreement (Algonquin Power & Utilities Corp.), Purchase Contract and Pledge Agreement (South Jersey Industries Inc), Purchase Contract and Pledge Agreement (Spire Inc)

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Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 131 contracts

Samples: Forward Purchase Contract Agreement (American Electric Power Co Inc), Forward Purchase Contract Agent (American Electric Power Co Inc), Forward Purchase Contract Agreement (American Electric Power Co Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.108.10.

Appears in 23 contracts

Samples: Purchase Contract Agreement (BrightSpring Health Services, Inc.), Purchase Contract Agreement (BrightSpring Health Services, Inc.), Purchase Contract Agreement (Brookdale Senior Living Inc.)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article VII shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 15 contracts

Samples: Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co), Purchase Contract Agreement (Florida Power & Light Co)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Unit Agent and no appointment of a successor Purchase Contract Unit Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Unit Agent in accordance with the applicable requirements of Section 7.10.

Appears in 10 contracts

Samples: Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc), Unit Agreement (New York Community Bancorp Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.106.10.

Appears in 7 contracts

Samples: Purchase Contract (Bear Stearns Companies Inc), Agreement (Wells Fargo Capital Vi), Unit Agreement (Morgan Stanley)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Stock Purchase Contract Agent and no appointment of a successor Stock Purchase Contract Agent pursuant to this Article VII shall become effective until the acceptance of appointment by the successor Stock Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 5 contracts

Samples: Stock Purchase Contract Agreement (Metlife Inc), Stock Purchase Contract Agreement (Marshall & Ilsley Corp/Wi/), Stock Purchase Contract Agreement (Metlife Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.107.10 and, unless waived by the Purchase Contract Agent, payment in full of all amounts due and owing to such Purchase Contract Agent hereunder.

Appears in 4 contracts

Samples: Purchase Contract Agreement (Oneok Inc /New/), Purchase Contract Agreement (Oneok Inc /New/), Purchase Contract Agreement (Oneok Inc /New/)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.107.10 hereof.

Appears in 4 contracts

Samples: Purchase Contract Agreement (Gabelli Asset Management Inc), Purchase Contract Agreement (St Paul Companies Inc /Mn/), Purchase Contract Agreement (Alltel Corp)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.107.10(a).

Appears in 3 contracts

Samples: Purchase Contract and Pledge Agreement (Nisource Inc.), Purchase Contract and Pledge Agreement (Nisource Inc.), Purchase Contract and Pledge Agreement (Stanley Black & Decker, Inc.)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10710.

Appears in 3 contracts

Samples: Purchase Contract Agreement (Forest City Enterprises Inc), Purchase Contract Agreement (Seagram Co LTD), Purchase Contract Agreement (Xo Communications Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.102.10.

Appears in 2 contracts

Samples: Purchase Contract and Unit Agreement (Nortel Networks Corp), Purchase Contract and Unit Agreement (Nortel Networks Corp)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10‎Section 6.10.

Appears in 2 contracts

Samples: Unit Agreement (Morgan Stanley Finance LLC), Unit Agreement (Morgan Stanley Capital Trust Iv)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.107.10 and, unless waived by the Purchase Contract Agent, the payment in full of all amounts due and owing to such Purchase Contract Agent hereunder.

Appears in 2 contracts

Samples: Purchase Contract Agreement (Banc of California, Inc.), Purchase Contract Agreement (Wintrust Financial Corp)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Stock Purchase Contract Agent and no appointment of a successor Stock Purchase Contract Agent pursuant to this Article VIII shall become effective until the acceptance of appointment by the successor Stock Purchase Contract Agent in accordance with the applicable requirements of Section 7.108.10.

Appears in 2 contracts

Samples: Stock Purchase Contract Agreement (Lehman Brothers Holdings Inc), Stock Purchase Contract Agreement (Lehman Brothers Holdings Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article 7 shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 2 contracts

Samples: Purchase Contract and Pledge Agreement (Assured Guaranty LTD), Purchase Contract and Pledge Agreement (Legg Mason Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the later of (i) as indicated in the notice of resignation or removal or (ii) the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.107.10(a).

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Ugi Corp /Pa/)

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Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.109.10.

Appears in 1 contract

Samples: Purchase Contract and Unit Agreement (PG&E Corp)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements require ments of Section 7.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (KBHC Financing I)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent gent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (Dominion Resources Inc /Va/)

Resignation and Removal; Appointment of Successor. (as) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Dte Energy Co)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article Section 7.10 shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of under Section 7.107.11.

Appears in 1 contract

Samples: Loan and Security Agreement (Sunnova Energy International Inc.)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article VII shall become effective until the DB1/ 116094647.1 acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (Florida Power & Light Co)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to under this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.

Appears in 1 contract

Samples: Purchase Contract Agreement (Dominion Resources Capital Trust Iv)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the earlier of (i) as indicated in the notice of resignation or removal or (ii) the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.107.10(a).

Appears in 1 contract

Samples: Purchase Contract and Pledge Agreement (Aes Corp)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent under Section 6.7 and execution by such successor Agent of a joinder agreement assuming the obligations of such resigning Agent hereunder or of a Dominion Account Agreement substantially in accordance with the applicable requirements form of Section 7.10this Agreement.

Appears in 1 contract

Samples: Joinder Agreement (Lakes Entertainment Inc)

Resignation and Removal; Appointment of Successor. (a) No resignation or removal of the Purchase Contract Agent and no appointment of a successor Purchase Contract Agent pursuant to this Article shall become effective until the acceptance of appointment by the successor Purchase Contract Agent in accordance with the applicable requirements of Section 7.10.of

Appears in 1 contract

Samples: Purchase Contract Agreement (Ohio Casualty Corp)

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