Common use of Resignation of the Issuing Bank Clause in Contracts

Resignation of the Issuing Bank. (a) The Issuing Bank may resign and appoint any of its Affiliates as successor Issuing Bank by giving notice to the other Finance Parties and the Company.

Resignation of the Issuing Bank. (a) The Subject to the appointment and acceptance of a successor Issuing Bank, the Issuing Bank may resign and appoint any of its Affiliates as successor the Issuing Bank by giving at any time upon thirty days’ prior written notice to the other Finance Parties Administrative Agent, the Company and the CompanyLenders, in each case, such resigning Issuing Bank shall be replaced in accordance with Section 2.06(i) above.

Resignation of the Issuing Bank. (a) The Issuing Bank may resign and appoint any a successor Issuing Bank with the prior consent of its Affiliates as successor the Agent and the beneficiary of each Letter of Credit issued by the retiring Issuing Bank by giving notice to the other Finance Parties Company and the CompanyAgent.