Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrower.
Appears in 15 contracts
Samples: Agreement (KNOT Offshore Partners LP), And Restatement Agreement (Seadrill Partners LLC), Sesa Sterlite LTD
Resignation of the Agent. (a) The Notwithstanding its irrevocable appointment, the Agent may resign by giving notice to the Banks and the Company, in which case the Agent may forthwith appoint one of its Affiliates as successor by giving notice to Agent or, failing that, the other Finance Parties and Majority Banks may (with the Borrowerprior consent of the Company) appoint a successor Agent.
Appears in 6 contracts
Samples: Agreement (Spirent PLC), Credit Agreement (Spirent PLC), Facility Agreement (Spirent PLC)
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 other Finance Parties and Majority Banks may appoint a successor Agent (in each case, with the agreement of the Borrower).
Appears in 2 contracts
Resignation of the Agent. (a) The Each Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the other Finance Parties and the Borrower.
Appears in 2 contracts
Samples: Facility Agreement (Western Wireless Corp), Facility Agreement (Western Wireless Corp)
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 other Finance Parties and the BorrowerMajority Banks may appoint a successor Agent.
Appears in 2 contracts
Samples: Agreement (Lg Electronics Inc), Agreement (Lg Electronics Inc)
Resignation of the Agent. (ai) The Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrower.
Appears in 2 contracts
Samples: Facility Agreement (Sterlite Industries (India) LTD), Million Facility Agreement (Sterlite Industries (India) LTD)
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 other Finance Parties and the BorrowerMajority Banks may appoint a successor Agent.
Appears in 1 contract
Samples: Agreement (Adecco Sa)
Resignation of the Agent. (a) 1.1 The Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the Original Borrower.
Appears in 1 contract
Samples: Misys PLC
Resignation of the Agent. (a) The Agent may resign and appoint one of its Affiliates the financial institutions as successor by giving notice to the other Finance Parties Lenders and the Borrower.
Appears in 1 contract
Samples: Term Facility Agreement (Sterlite Industries (India) LTD)
