Common use of Resignation by the Hermes Agent Clause in Contracts

Resignation by the Hermes Agent. (a) The Hermes 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 15 Business Days’ prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Hermes Agent pursuant to clauses (b) and (c) below or as otherwise provided below.

Appears in 30 contracts

Samples: Third Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Second Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Third Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

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Resignation by the Hermes Agent. (a) The Hermes 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 15 Business Days’ prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Hermes Xxxxxx Agent pursuant to clauses (b) and (c) below or as otherwise provided below.

Appears in 13 contracts

Samples: Fourth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Supplemental Agreement (NCL CORP Ltd.)

Resignation by the Hermes Agent. (a) The Hermes 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 15 Business Days’ prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Hermes Agent pursuant to clauses (b) and (c) below or as otherwise provided below.

Appears in 2 contracts

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (NCL CORP Ltd.)

Resignation by the Hermes Agent. (a) The a)The Hermes 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 15 Business Days’ prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Hermes Xxxxxx Agent pursuant to clauses (b) and (c) below or as otherwise provided below.. ​ -105- ​ ​ ​

Appears in 2 contracts

Samples: Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Sixth Supplemental Agreement (NCL CORP Ltd.)

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Resignation by the Hermes Agent. (ab) The Hermes 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 15 Business Days’ prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Hermes Agent pursuant to clauses (b) and (c) below or as otherwise provided below.

Appears in 1 contract

Samples: Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

Resignation by the Hermes Agent. (a) The a)The Hermes 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 15 Business Days’ prior written notice to the Borrower and the Lenders. Such resignation shall take effect upon the appointment of a successor Hermes Xxxxxx Agent pursuant to clauses (b) and (c) below or as otherwise provided below.

Appears in 1 contract

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

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