Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ prior written notice to the Company, the Lenders and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
Appears in 4 contracts
Samples: Pledge and Security Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts L.P.), Pledge and Security Agreement (Host Hotels & Resorts, Inc.)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 15 Business Days' prior or written notice to the CompanyBorrower, the Lenders Banks and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
Appears in 3 contracts
Samples: Credit Agreement (Foster Wheeler Corp), Pledge Agreement (Foster Wheeler Corp), Credit Agreement (Foster Wheeler Corp)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 15 Business Days' prior or written notice to the Company, the Lenders Banks and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
Appears in 2 contracts
Samples: Pledge Agreement (Foster Wheeler Corp), Pledge Agreement (Foster Wheeler Corp)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 20 Business Days prior written notice (as provided in the Pledge Agreement) to the Company, the Lenders Pledgor and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause clauses (b) or ), (c) and (d) below.
Appears in 2 contracts
Samples: Capstar Broadcasting Corporation Pledge Agreement (Capstar Broadcasting Corp), Capstar Broadcasting Corporation Pledge Agreement (Capstar Broadcasting Corp)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ prior written notice to the CompanyBorrower, the Lenders Banks and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
Appears in 2 contracts
Samples: Pledge and Security Agreement (LaSalle Hotel Properties), Pledge and Security Agreement (LaSalle Hotel Properties)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days15 Business Days’ prior or written notice to the CompanyU.S. Borrower, the Lenders and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Host Marriott Corp/), Pledge and Security Agreement (Host Marriott L P)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 15 Business Days' prior or written notice to the CompanyU.S. Borrower, the Lenders and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
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Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 15 Business Days' prior written notice to the Company, the Lenders Company and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (bSection 9(b) or (c) below.
Appears in 1 contract
Samples: Subsidiaries Pledge Agreement (Menasco Aerosystems Inc)
Resignation by the Pledgee. (a) The Pledgee may resign from the -------------------------- performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 15 Business Days' prior or written notice to the CompanyBorrower, the Lenders Banks and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to ANNEX G such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.
Appears in 1 contract
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days15 Business Days’ prior or written notice to the CompanyU.S. Borrower, the Lenders and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (b) or (c) below.. ANNEX G
Appears in 1 contract
Samples: Pledge and Security Agreement (Host Hotels & Resorts, Inc.)
Resignation by the Pledgee. (a) The Pledgee may resign from the performance of all of its functions and duties hereunder and under the Pledge Agreement at any time by giving 30 days’ 15 Business Days' prior written notice to the Company, the Lenders Pledgor and the Representatives for the other Secured Creditors or, if there is no such Representative, directly to such Secured Creditors. Such resignation shall take effect upon the appointment of a successor Pledgee pursuant to clause (bSection 9(b) or (c) below.
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