Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates as successor by giving notice to the Funding Agents and the Issuer.
Appears in 5 contracts
Samples: Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp), Assignment and Assumption Agreement (Hertz Corp)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates acting through an office in France as successor by giving notice to the Funding Agents Participating Banks and the IssuerCompany.
Appears in 2 contracts
Samples: Letter of Credit Facility Agreement (Flowserve Corp), Agreement (Flowserve Corp)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates acting through an office in the European Union as successor by giving notice to the Funding Agents other Finance Parties and the IssuerParent.
Appears in 2 contracts
Samples: Financing Agreement (Cemex Sab De Cv), Financing Agreement (Cemex Sab De Cv)
Resignation of the Administrative Agent. (a) The Subject to the appointment and acceptance of a successor Administrative Agent as provided in this Section 11.06, the Administrative Agent may resign at any time by notifying the Lenders, the Issuing Bank and appoint one of its Affiliates as successor by giving notice to the Funding Agents and the Issuer.the
Appears in 2 contracts
Samples: Credit Agreement (Diamondback Energy, Inc.), Credit Agreement (Diamondback Energy, Inc.)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates as successor by giving notice to the Funding Agents Lenders and the IssuerBorrower, in which case the Lenders (after consultation with the Borrower) may appoint a successor Administrative Agent.
Appears in 2 contracts
Samples: Facility Agreement (Ship Finance International LTD), Agreement (Ship Finance International LTD)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Funding Agents Lenders and the IssuerCredit Parties.
Appears in 2 contracts
Samples: Abl Credit Agreement (Univar Inc.), Credit Agreement (Univar Inc.)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates as successor by giving notice to the Funding Agents Lenders, each Swap Bank, the Security Agent and the IssuerObligors.
Appears in 2 contracts
Samples: Agreement (Dorian LPG Ltd.), Agreement (Dorian LPG Ltd.)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates as successor by giving notice to the Funding Agents other Finance Parties and the IssuerBorrower.
Appears in 1 contract
Samples: Term Facility Agreement (Cadence Design Systems Inc)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates acting through an office in London or New York City, New York as successor by giving notice to the Funding Agents Lenders and the IssuerBorrower.
Appears in 1 contract
Samples: Term Loan and Revolving Loan Credit Facility Agreement (Noble Corp / Switzerland)
Resignation of the Administrative Agent. (a) The Administrative Agent may resign from the performance of all its functions and appoint one of its Affiliates as successor by giving notice to duties hereunder and/or under the Funding Agents and the Issuer.other
Appears in 1 contract
Resignation of the Administrative Agent. (a) The Administrative Agent may resign and appoint one of its Affiliates acting through an office in New York as successor by giving notice to the Funding Agents other Finance Parties and the IssuerBorrowers.
Appears in 1 contract
