Common use of Resignation of the Agent; Successor Agent Clause in Contracts

Resignation of the Agent; Successor Agent. The Agent may resign as the Agent upon 20 days' notice to the Lenders and the Company. Upon the resignation of the Agent, the Required Lenders shall appoint from among the Lenders a successor Agent which is a bank or a trust company for the Lenders subject to prior approval by the Company (such approval not to be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term "

Resignation of the Agent; Successor Agent. The Agent may resign as the Agent upon 20 days' notice to the Lenders and the Company. Upon the resignation of the Agent, the Required Lenders shall appoint from among the Lenders a successor Agent which is a bank or a trust company for the Lenders subject to prior approval by the Company (such approval not to be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term "among

Resignation of the Agent; Successor Agent. (a) The Agent may resign as from the Agent upon 20 daysperformance of all its respective functions and duties hereunder and/or under the other Credit Documents at any time by giving 15 Business Days' prior written notice to the Lenders and Lenders. Such resignation shall take effect upon the Company. Upon the resignation appointment of the Agent, the Required Lenders shall appoint from among the Lenders a successor Agent which is a bank pursuant to clauses (b) and (c) below or a trust company for the Lenders subject to prior approval by the Company (such approval not to be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term "as otherwise provided below.

Resignation of the Agent; Successor Agent. The Agent may resign as the Agent upon 20 days' notice to the Lenders and the Company. Upon the resignation of the Agent, the Required Lenders shall appoint from among the Lenders a successor Agent which that is a bank or a trust company for the Lenders subject to prior approval by the Company (such approval not to be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term "

Resignation of the Agent; Successor Agent. The Agent may resign as the Agent upon 20 60 days' notice to the Lenders and the CompanyBorrower. Upon the resignation of the Agent, the Required Lenders shall appoint from among the Lenders a successor Agent which is a bank or a trust company for the Lenders subject to prior approval by the Company Borrower (such approval not to be unreasonably withheld withheld, provided that such approval shall not be required if a Default or delayedan Event of Default then exists), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term "successor

Resignation of the Agent; Successor Agent. The Agent may resign as the Agent upon 20 days' notice to the Lenders and the Company. Upon the resignation of the Agent, Lenders holding in the Required Lenders aggregate more than 50% of the outstanding principal amount of Notes shall appoint from among the Lenders a successor Agent which is shall be a Qualified Person and which shall be a bank or a trust company for the Lenders subject to prior approval by the Company (such approval not to be unreasonably withheld or delayed), whereupon such successor agent Agent shall succeed to the rights, powers and duties of the resigning Agent, and the term "

Resignation of the Agent; Successor Agent. (a) The Agent may resign as from the Agent upon 20 days' 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 Lenders and Lenders. Such resignation shall take effect upon the Company. Upon the resignation appointment of the Agent, the Required Lenders shall appoint from among the Lenders a successor Agent which is a bank pursuant to clauses (b) and (c) below or a trust company for the Lenders subject to prior approval by the Company (such approval not to be unreasonably withheld or delayed), whereupon such successor agent shall succeed to the rights, powers and duties of the Agent, and the term "as otherwise provided below.