Common use of Resignation of the Agent Clause in Contracts

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower.

Appears in 13 contracts

Samples: Agreement (Himalaya Shipping Ltd.), Subordinated Loan Agreement (Alvotech), Agreement (PCGI Intermediate Holdings LTD)

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Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders other Finance Parties and the BorrowerParent.

Appears in 12 contracts

Samples: www.sec.gov, Credit Facilities Agreement (Gold Fields LTD), Assignment Agreement (Gold Fields LTD)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 10 contracts

Samples: Agreement (Bunge LTD), Agreement (Lafarge), Agreement (Lafarge)

Resignation of the Agent. (a) 20.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 10 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the BorrowerBorrowers.

Appears in 8 contracts

Samples: Navigator Holdings Ltd., Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Facilities Agreement (Molson Coors Brewing Co)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders and the Borrower.

Appears in 7 contracts

Samples: Agreement (Bunge Global SA), Agreement (Bungeltd), Intercreditor Agreement (Sappi LTD)

Resignation of the Agent. (a) 27.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 6 contracts

Samples: Agreement (Hoegh LNG Partners LP), Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the BorrowerCompany.

Appears in 5 contracts

Samples: Facilities Agreement (StarTek, Inc.), Agreement (New Frontier Public Holding Ltd.), Intercreditor Agreement (New Frontier Health Corp)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as a successor by giving notice to the Lenders other Finance Parties and the BorrowerObligor.

Appears in 4 contracts

Samples: Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Letter of Credit and Reimbursement Agreement (Arch Capital Group Ltd.), Limited Liability Partnership (Arch Capital Group Ltd.)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Creditor Parties and the Borrower.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Amendment and Restatement Agreement (Norwegian Cruise Line Holdings Ltd.), Loan Agreement (Prestige Cruises International, Inc.)

Resignation of the Agent. (a) 26.12.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the BorrowerBorrowers.

Appears in 4 contracts

Samples: Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC), Fourth Supplemental Agreement (TORM PLC)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders and the BorrowerCompany.

Appears in 4 contracts

Samples: Facility Agreement (Sappi LTD), Facility Agreement (Sappi LTD), Credit Agreement (Sappi LTD)

Resignation of the Agent. (a) The Agent may resign and without giving any reason therefor and, after consultation with the Parent, appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, the Security Agent and the BorrowerParent.

Appears in 3 contracts

Samples: Framework Agreement (Seadrill Partners LLC), www.lw.com, Seadrill Partners LLC

Resignation of the Agent. (a) 22.11.1 The Agent may resign and appoint one of its Affiliates acting through an office in a jurisdiction reasonably acceptable to the Parent as successor by giving notice to the Lenders and the BorrowerParent.

Appears in 3 contracts

Samples: Agreement (Aramex International LTD), Mezzanine Bridge Facility Agreement (Aramex International LTD), Agreement (Aramex International LTD)

Resignation of the Agent. (a) 34.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, the Hedging Providers and the Borrower.

Appears in 3 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd., Navigator Holdings Ltd.

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the BorrowerParent.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Ferguson PLC), Agreement (Ferguson PLC), Senior Subscription Agreement (TPG Advisors IV, Inc.)

Resignation of the Agent. (a) The Agent may resign as Agent and/or Security Agent and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties, the Hedging Banks and the BorrowerBorrowers.

Appears in 3 contracts

Samples: Term Loan Facilities Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Lenders, Holders and the BorrowerParent Guarantor.

Appears in 3 contracts

Samples: Facility Agreement (TPG Advisors IV, Inc.), Facility Agreement (TPG Advisors IV, Inc.), Facility Agreement (TPG Advisors IV, Inc.)

Resignation of the Agent. (a) 27.12.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the BorrowerCompany.

Appears in 3 contracts

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Stillwater LTD), Facility Agreement (Sibanye Gold LTD)

Resignation of the Agent. (a) The If the Majority Lenders so direct, due to a default by the Agent hereunder, or due to a conflict of interest between the Agent’s duties hereunder and other interests the Agent may have which involve the Borrower, the Agent shall resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower, in which case the Majority Lenders may, after consultation with, but with no costs for, the Borrower, appoint a successor Agent.

Appears in 3 contracts

Samples: First Supplemental Agreement (KNOT Offshore Partners LP), Second Supplemental Agreement, Second Supplemental Agreement (KNOT Offshore Partners LP)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 3 contracts

Samples: Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Secured Revolving Credit Facility Agreement (Gulfmark Offshore Inc), Assignment Agreement (Helix Energy Solutions Group Inc)

Resignation of the Agent. (a) 26.13.1 The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders other Finance Parties and the BorrowerBorrowers.

Appears in 3 contracts

Samples: Loan Agreement (Diana Containerships Inc.), Loan Agreement (Scorpio Tankers Inc.), Diana Containerships Inc.

Resignation of the Agent. (a) The 32.11.1 An Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the BorrowerCompany.

Appears in 3 contracts

Samples: Agreement (Shire PLC), Facilities Agreement (Shire PLC), Agreement (Shuttle Corp)

Resignation of the Agent. (a) 31.40 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, each Hedging Provider, the Security Agent and the Borrower.

Appears in 2 contracts

Samples: Agreement (Hafnia LTD), Agreement (Hafnia LTD)

Resignation of the Agent. (a) 28.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower.

Appears in 2 contracts

Samples: Agreement (Mercer International Inc), Agreement (Mercer International Inc.)

Resignation of the Agent. (a) 30.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, the Security Agent and the Borrower.

Appears in 2 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)

Resignation of the Agent. (aA) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower.

Appears in 2 contracts

Samples: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Obligors’ Agent, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and Majority Banks may, after consultation with the BorrowerObligors’ Agent, appoint any institution which was a Mandated Lead Arranger as at the date of this Agreement as successor Agent.

Appears in 2 contracts

Samples: Agreement (Anglogold Ashanti LTD), Agreement (Anglogold Ashanti LTD)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 2 contracts

Samples: Assignment Agreement (DHT Holdings, Inc.), Assignment Agreement (DHT Holdings, Inc.)

Resignation of the Agent. (a) 23.41 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, each Hedging Provider, the Security Agent and the BorrowerBorrowers.

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

Resignation of the Agent. (a) The Notwithstanding its appointment, the Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Banks and the BorrowerBorrowers, in which case the Majority Banks may, after consultation with the Borrowers, appoint a successor Agent.

Appears in 2 contracts

Samples: Credit and Term Loan Facility Agreement (DryShips Inc.), Loan Facility Agreement (DryShips Inc.)

Resignation of the Agent. (a) The Agent may resign and appoint one at any time give notice of its Affiliates as successor by giving notice resignation to the Lenders Lenders, the other agents to the Finance Parties under this Agreement and the BorrowerBorrowers.

Appears in 2 contracts

Samples: Igt Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the BorrowerObligors’ Agent.

Appears in 2 contracts

Samples: Amending Agreement (Sappi LTD), Amending Agreement (Sappi LTD)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders each Hedging Provider, the Security Agent and the Borrower.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Resignation of the Agent. (a) 35.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, the Hedging Providers and the BorrowerBorrowers.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Resignation of the Agent. (a) 25.12.1 The Agent may resign and appoint one of its Affiliates acting through any office as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 2 contracts

Samples: Loan Agreement, Facility Agreement (HC2 Holdings, Inc.)

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Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders other Finance Parties and the BorrowerBorrowers.

Appears in 2 contracts

Samples: Credit Facilities Agreement, Credit Facilities Agreement (KNOT Offshore Partners LP)

Resignation of the Agent. (a) The Agent may resign as Agent and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 2 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Agreement (DHT Holdings, Inc.)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the Lenders other Finance Parties, the Swap Bank and the BorrowerBorrowers.

Appears in 2 contracts

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD), Assignment Agreement (B Plus H Ocean Carriers LTD)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the BorrowerParent.

Appears in 2 contracts

Samples: Facility Agreement (Orion Engineered Carbons S.a r.l.), Multicurrency Term and Revolving Facilities Agreement (Seawell LTD)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office in a Participating Member State as successor by giving notice to the Lenders other Finance Parties and the Borrower.

Appears in 2 contracts

Samples: Facility Agreement (Ocean Rig UDW Inc.), Facility Agreement (DryShips Inc.)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Borrowers' Agent, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and the BorrowerMajority Banks may appoint a successor Agent.

Appears in 2 contracts

Samples: Facility Agreement (Cobe Laboratories Inc), Agreement (Adecco Sa)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Obligors, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and the BorrowerMajority Banks may appoint a successor Agent.

Appears in 2 contracts

Samples: Index (Cobe Laboratories Inc), Facility Agreement (Incentive Ab)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Borrowers’ Agent, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and the BorrowerMajority Banks may appoint a successor Agent.

Appears in 2 contracts

Samples: Second Supplemental Agreement (Adecco Sa), Facility Agreement (Adecco Sa)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Creditor Parties, the Borrower and SACE and with the Borrowerconsent of SACE.

Appears in 2 contracts

Samples: Loan Agreement (Prestige Cruises International, Inc.), Loan Agreement (Seven Seas Cruises S. DE R.L.)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the BorrowerCompany, in which case the Majority Lenders may appoint a successor Agent.

Appears in 1 contract

Samples: Credit Agreement (Warp Technology Holdings Inc)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the Lenders other Finance Parties and the Borrower.. 72(105)

Appears in 1 contract

Samples: Secured Credit Facility Agreement (Ocean Rig UDW Inc.)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower.​ ​ ​

Appears in 1 contract

Samples: Facilities Agreement (WEIBO Corp)

Resignation of the Agent. (aA) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties and the BorrowerParent Company.

Appears in 1 contract

Samples: Assignment Agreement (Shire PLC)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the Lenders other Finance Parties, the Swap Bank and the Borrower.

Appears in 1 contract

Samples: Assignment Agreement (B Plus H Ocean Carriers LTD)

Resignation of the Agent. (a) The Agent may resign as Agent and/or Security Agent and appoint one of its Affiliates as successor by giving notice to the Lenders other Finance Parties, the Hedging Banks and the Borrower.

Appears in 1 contract

Samples: October 2015 (DHT Holdings, Inc.)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Borrower, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and Majority Banks may, after consultation with the Borrower, appoint one of the Original Banks as successor Agent.

Appears in 1 contract

Samples: Agreement (Anglogold Ashanti LTD)

Resignation of the Agent. (a) The Each Agent may resign and appoint one of its Affiliates as successor by giving prior written notice to the Lenders and the BorrowerParent.

Appears in 1 contract

Samples: Facilities Agreement (International Textile Group Inc)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Borrower’s Agent, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and the BorrowerMajority Banks may appoint a successor Agent.

Appears in 1 contract

Samples: Credit Agreement (Adecco Sa)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower, in which case the Lenders (after consultation with the Borrower) may appoint a successor Agent.

Appears in 1 contract

Samples: Bridge Loan Facility Agreement (SeaDrill LTD)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the Lenders other Creditor Parties and the Borrower.. (b)

Appears in 1 contract

Samples: Euronav NV

Resignation of the Agent. (a) 27.11.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Borrower.

Appears in 1 contract

Samples: Credit Facility Agreement (Mercer International Inc.)

Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may (after consultation with the Borrower) resign by giving notice to the Banks and the Borrower, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the Lenders and Majority Banks may appoint a successor Agent provided that in either case the appointment of any person other than a bank or financial institution shall also require the prior written consent of the Borrower.

Appears in 1 contract

Samples: Credit Agreement (British Energy Group PLC)

Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders Lenders, the Hedging Providers and the Borrower.

Appears in 1 contract

Samples: Agreement (Navigator Holdings Ltd.)

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