Common use of Resignation of the Security Trustee Clause in Contracts

Resignation of the Security Trustee. 30.1.1 The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Agent.

Appears in 2 contracts

Samples: And Restatement Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

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Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates affiliates as successor by giving notice to the AgentBorrower and each Secured Party.

Appears in 2 contracts

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

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates affiliates as successor by giving notice to the AgentCompany, each Representative and the Hedge Counterparties.

Appears in 2 contracts

Samples: Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates affiliates as successor by giving notice to the AgentSecured Parties.

Appears in 2 contracts

Samples: Agreement (Fx Energy Inc), Agreement (Fx Energy Inc)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the AgentObligors and each Finance Party.

Appears in 2 contracts

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

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates as successor without having to give a reason by giving notice to the AgentNoteholders and the Company, in which case the Majority Noteholders (in consultation with the Company) may appoint a successor Security Trustee.

Appears in 1 contract

Samples: Notice of Repayment (Urs Corp /New/)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may only resign and appoint one upon the Lenders approving the identity of its Affiliates as a successor by giving notice to the AgentSecurity Trustee.

Appears in 1 contract

Samples: Facility Agreement (Aquaventure Holdings LLC)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates affiliates as successor by giving notice to the AgentCompany, the Senior Creditors and the Noteholders.

Appears in 1 contract

Samples: Note Purchase Agreement (Luxfer Holdings PLC)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one any of its Affiliates as successor Security Trustee by giving notice to the AgentParties.

Appears in 1 contract

Samples: Eggborough Power (British Energy Group PLC)

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Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Agentother Parties (or to the Agent on behalf of the Lenders).

Appears in 1 contract

Samples: Agreement (Cascal N.V.)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates affiliates as successor by giving notice to Kosmos, the AgentSenior Creditors and Junior Lenders.

Appears in 1 contract

Samples: Intercreditor Agreement (Kosmos Energy Ltd.)

Resignation of the Security Trustee. 30.1.1 31.1.1 The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Agent.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the AgentCompany and the Investor.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Aesthetic Medical International Holdings Group LTD)

Resignation of the Security Trustee. 30.1.1 16.15.1 The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Agentother Beneficiaries.

Appears in 1 contract

Samples: Lease Agreement (Genesis Lease LTD)

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