Common use of Resignation or Removal Clause in Contracts

Resignation or Removal. The Fiscal and Paying Agent may at any time resign from its duties hereunder by giving written notice of resignation to the Bank specifying the date on which such resignation shall become effective; provided, however, that such date shall not be less than 60 Business Days after such notice is given to the Bank. The Bank may at any time remove the Fiscal and Paying Agent by giving written notice of removal to the Fiscal and Paying Agent specifying the date on which such removal shall be effective; provided, however, that such date shall not be less than 30 Business Days after such notice is given to the Fiscal and Paying Agent. Any termination or resignation hereunder shall not affect the Fiscal and Paying Agent’s right to the payment of fees earned or charges incurred through the effective date of such termination or resignation, as the case may be.

Appears in 14 contracts

Samples: Fiscal and Paying Agency Agreement (Discover Financial Services), Fiscal and Paying Agency Agreement (Discover Financial Services), Fiscal and Paying Agency Agreement (Discover Financial Services)

AutoNDA by SimpleDocs

Resignation or Removal. The Fiscal and Paying Agent may at any time resign from its duties hereunder by giving written notice of resignation to the Issuing Bank specifying the date on which such resignation shall become effective; provided, however, that such date shall not be less than 60 ten Business Days after such notice is given to the Issuing Bank. The Issuing Bank may at any time remove the Fiscal and Paying Agent terminate this Agreement by giving written notice of removal such termination to the Fiscal and Paying Agent specifying the date on which such removal termination shall be effective; provided, however, that such date shall be not be less than 30 ten Business Days after such notice is given to the Fiscal and Paying Agent. Any termination or resignation hereunder shall not affect the Fiscal and Paying Agent’s right to the payment of fees earned or charges incurred (including counsel fees and expenses) through the effective date of such termination or resignation, as the case may bebe or for any other amounts owed to it hereunder.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (Associated Banc-Corp)

AutoNDA by SimpleDocs

Resignation or Removal. The Fiscal and Paying Agent may at any time resign from its duties hereunder by giving written notice of resignation to the Bank specifying the date on which such resignation shall become effective; provided, however, that such date shall not be less than 60 30 Business Days after such notice is given to the Bank. The Bank may at any time remove the Fiscal and Paying Agent by giving written notice of removal to the Fiscal and Paying Agent specifying the date on which such removal shall be effective; provided, however, that such date shall be not be less than 30 Business Days after such notice is given to the Fiscal and Paying Agent. Any termination or resignation hereunder shall not affect the Fiscal and Paying Agent’s right to the payment of fees earned or charges incurred through the effective date of such termination or resignation, as the case may be.

Appears in 1 contract

Samples: Fiscal and Paying Agency Agreement (Trustmark Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.