Resignation by the Agent Sample Clauses

Resignation by the Agent. (a) The Agent may resign from the performance of all its functions and duties under the Agreement and the other Transaction Documents at any time by giving 30 days' prior written notice (as provided in the Agreement) to the Debtors and the Secured Parties. Such resignation shall take effect upon the appointment of a successor Agent pursuant to clauses (b) and (c) below.
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Resignation by the Agent. The Agent may resign from the performance of all its functions and duties hereunder at any time by giving 15 Business Days' prior written notice to Resources and the Banks. Such resignation shall take effect upon the expiration of such 15 Business Day period or upon the earlier appointment of a successor. Upon any such resignation, the Required Banks shall appoint a successor Agent who shall be satisfactory to Resources and shall be an incorporated bank or trust company. In the event no such successor shall have been so appointed, then any notification, demand or other communication required or permitted to be given by the Agent on behalf of the Banks to Resources hereunder shall be sufficiently given if given by the Required Banks, and any notification, demand, other communication, document, statement, other paper or payment required to be made, given or furnished by Resources to the Agent for distribution to the Banks shall be sufficiently made, given or furnished if made, given or furnished by Resources directly to each Bank entitled thereto and, in the case of payments, in the amount to which each such Bank is entitled. All powers specifically delegated to the Agent by the terms hereof may be exercised by the Required Banks.
Resignation by the Agent. The Agent may resign or be removed in accordance with Sections 13.06(h) and 11.01 of the Indenture. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement including this Annex B shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.
Resignation by the Agent. 53 SECTION 11. Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Resignation by the Agent. 77 Section 12. Guaranty............................................................................................77
Resignation by the Agent. (a) The Agent may resign from the performance of all its functions and duties hereunder and/or under the other Loan Documents at any time by giving 15 Business Days' prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Agent pursuant to clauses (b) and (c) below or as otherwise provided below. (b) Upon any such notice of resignation, the Lenders shall appoint a successor Agent hereunder or thereunder who shall be a commercial Bank or trust company reasonably acceptable to the Borrower. (c) If a successor Agent shall not have been so appointed within such 15 Business Day period, the Agent, with the consent of the Borrower, shall then appoint a successor Agent who shall serve as Agent hereunder or thereunder until such time, if any, as the Lenders appoint a successor Agent as provided above. (d) If no successor Agent has been appointed pursuant to clause (b) or (c) above by the 20th Business Day after the date such notice of resignation was given by the Agent, the Agent's resignation shall become effective and the Required Lenders shall thereafter perform all the duties of the Agent hereunder and/or under any other Loan Document until such time, if any, as the Lenders appoint a successor Agent as provided above. SECTION 12
Resignation by the Agent. 46 Section 10. Definitions ........................................................ 47 Section 11. Miscellaneous ...................................................... 60
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Resignation by the Agent. 80 12.10 Syndication Agent and Documentation Agent........ 80
Resignation by the Agent. (a) Any Agent may resign from the performance of all its respective functions and duties hereunder and/or under the other Loan Documents at any time by giving written notice to the Lenders and, unless a Default or an Event of Default under Section 11.05 then exists, the Borrower. Any such resignation by an Agent hereunder shall also constitute its resignation as an Issuing Lender, if applicable, in which case the resigning Agent (x) shall not be required to issue any further Letters of Credit hereunder and (y) shall maintain all of its rights as Issuing Lender with respect to any Letters of Credit issued by it prior to the date of such resignation. Such resignation shall take effect upon the appointment of a successor Agent pursuant to clauses (b) and (c) below or as otherwise provided below.
Resignation by the Agent. The Agent and any successor Agent may at any time resign from the agency hereby created by giving written notice by first class mail, postage prepaid, return receipt requested, to the Issuers and their respective Subsidiaries, the Purchaser and the other holders of Notes, but such resignation shall take effect only upon the appointment of a successor Agent; provided, however, that if a successor Agent shall not have been appointed within thirty (30) days from the date of such notice of resignation, the resigning Agent may petition any court of competent jurisdiction for the appointment of a successor Agent.
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