Common use of Resignation by the Agents Clause in Contracts

Resignation by the Agents. (a) The Administrative Agent may resign from the performance of all its functions and duties hereunder and/or under the other Credit Documents at any time by giving 20 Business Days' prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Administrative Agent pursuant to clauses (b) and (c) below or as otherwise provided below. Each other Agent may resign from the performance of all of its functions and duties hereunder and/or under the other Credit Documents at any time by giving notice to the Borrower, the Administrative Agent and the Lenders. Such resignation shall take effect upon delivery of such notice.

Resignation by the Agents. (a) The Administrative Agent may resign from the performance of all its respective functions and duties hereunder and/or under the other Credit Documents at any time by giving 20 15 Business Days' prior written notice to the Borrower and Banks and, to the Lendersextent permitted by applicable law, the Borrower. Such resignation shall take effect upon the appointment of a successor Administrative Agent pursuant to clauses (b) and (c) below or as otherwise provided below. Each other The Syndication Agent may resign from the performance of all of its respective functions and duties hereunder and/or under the other Credit Documents at any time by giving written notice to the Administrative Agent, the Banks and, to the extent permitted by applicable law, the Borrower, the Administrative Agent and the Lenders. Such such resignation shall take effect upon delivery the giving of such notice.

Resignation by the Agents. (a) The Administrative Agent may resign from the performance of all its functions and duties hereunder and/or under the other Credit Documents at any time by giving 20 Business Days' prior written notice to the Borrower and the LendersBanks. Such resignation shall take effect upon the appointment of a successor Administrative Agent pursuant to clauses (b) and (c) below or as otherwise provided below. Each other Agent may resign from the performance of all of its functions and duties hereunder and/or under the other Credit Documents at any -132- 140 time by giving notice to the Borrower, the Administrative Agent and the LendersBanks. Such resignation shall take effect upon delivery of such notice.

Resignation by the Agents. (a) The Administrative Agent may resign from the performance of all its functions and duties hereunder and/or under the other Credit Documents at any time by giving 20 Business Days' prior written notice to the Borrower Borrowers and the LendersBanks. Such resignation shall take effect upon the appointment of a successor Administrative Agent pursuant to clauses (b) and (c) below or as otherwise provided below. Each other Agent may resign from the performance of all of its functions and duties hereunder and/or under the other Credit Documents at any time by giving notice to the BorrowerBorrowers, the Administrative Agent and the LendersBanks. Such resignation shall take effect upon delivery of such notice.. -101- 108