Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 (SUCCESSOR AGENT), then (i) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 10 contracts
Samples: Junior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp)
Rights and Obligations. 21.11 If a successor to the Agent is appointed under the provisions of Clause 24.10 21.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 21 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 5 contracts
Samples: Credit Facility and Reimbursement Agreement (Xl Capital LTD), Agreement (Xl Capital LTD), Xl Capital LTD
Rights and Obligations. If a successor to the an Agent is appointed under the provisions of Clause 24.10 34.11 (SUCCESSOR AGENTSuccessor Agent) or Clause 34.12 (New Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 4 contracts
Samples: Agreement (Royal Ahold), And Restatement Agreement (Royal Ahold), And Restatement Agreement (Royal Ahold)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 29.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 29 (The Agent, the Arrangers and the Banks) and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 3 contracts
Samples: Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 28.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 28 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 3 contracts
Samples: Confidentiality Agreement (Ace LTD), Confidentiality Agreement (Ace LTD), Ace LTD
Rights and Obligations. 21.11 If a successor to the Agent is appointed under the provisions of Clause 24.10 21.10 (SUCCESSOR AGENT), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 21 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.. OWN RESPONSIBILITY
Appears in 3 contracts
Samples: Xl Capital LTD, Xl Capital LTD, Xl Capital LTD
Rights and Obligations. If a successor to the Facility Agent is appointed under the provisions of Clause 24.10 34.11 (SUCCESSOR AGENTSuccessor Facility Agent), then (ia) the retiring or departing Facility Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Agreement (Vnu N V), Ace LTD
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Charge Agreement (Ace LTD), Charge Agreement (Ace LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 30.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 30 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Agreement (Macquarie Infrastructure CO Trust), Agreement (Macquarie Infrastructure Assets Trust)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 30.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 30 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 28.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 28 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 22.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 22 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Loan Agreement, Loan Agreement
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 33.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 33 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Execution (Dyckerhoff Aktiengesellschaft), Cemex Sa De Cv
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 26.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 26 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Confidentiality Agreement (Ace LTD), Original Agreement (Ace LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 Section 20(11) (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 Section 20 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Rights and Obligations. If a successor to the Administrative Agent is appointed under the provisions of Clause 24.10 28.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Administrative Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 28 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Gulfmark Offshore Inc
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 32.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 32 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Randstad North America, L.P.
Rights and Obligations. If a successor to the any Agent is appointed under the provisions of Clause 24.10 37. 10 (SUCCESSOR AGENTSuccessor Agent), then (i) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 37 and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.10 (SUCCESSOR AGENT)) and has accepted its appointment as Agent, then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto Parties shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Axa
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 33.10 (SUCCESSOR AGENTSuccessor), then (i) the retiring Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 33 and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Calenergy Co Inc
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 34.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto to the Finance Documents shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party heretothereto.
Appears in 1 contract
Samples: Credit Agreement (NTL Europe Inc)
Rights and Obligations. If a successor Successor to the Agent is appointed under the provisions of Clause 24.10 25.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor Successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor Successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 Section 20(11) (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 Section 20 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Term Commercial Loan Agreement
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 26.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 26 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Imc Global Inc
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 34.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder under the Facility Documents but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a an original party heretoto the Facility Documents.
Appears in 1 contract
Samples: Facility Agreement (Primacom Ag)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 (SUCCESSOR AGENT)Section 12.10, then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 Article XII and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 34.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: NTL Inc/De/
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.10 (SUCCESSOR AGENT), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Agreement (Niner Acquistion Inc)
Rights and Obligations. If a successor to either of the Agent Agents is appointed under the provisions of Clause 24.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 (The Facility Agent, the Arranger and the Banks) and (iib) its successor and each of the other parties hereto to the Facility Documents shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 31.10 (SUCCESSOR AGENT), then (ia) the retiring Agent shall be discharged from any further obligation hereunder under the Facility Documents but shall remain entitled to the benefit of the provisions of this Clause 24 31 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a an original party heretoto the Facility Documents.
Appears in 1 contract
Samples: Facility Agreement (Primacom Ag)
