Successor Collateral Agent. (a) The Collateral Agent may, upon at least thirty (30) days’ notice to the Company, the Master Servicer and the Administrative Agent, resign as Collateral Agent.
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Samples: Receivables Loan Agreement (Huntsman International LLC), Receivables Purchase Agreement (Huntsman International LLC), European Receivables Loan Agreement
Successor Collateral Agent. (a) The Collateral Agent may, upon at least thirty five (305) daysBusiness Days’ notice to the Lenders and the Company, resign by giving written notice thereof to the Master Servicer Lenders and the Administrative Agent, resign as Company. The Collateral Agent’s resignation shall be effective upon the appointment of a successor collateral agent (the “Successor Agent”).
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