Common use of Successor Letter of Credit Issuer Clause in Contracts

Successor Letter of Credit Issuer. The Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ prior written notice to the Administrative Agent, the Lenders and the Borrower. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the Borrower shall appoint from among the Lenders with Revolving Credit Commitments a successor issuer of Letters of Credit, whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “

Successor Letter of Credit Issuer. The Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ prior written notice to the Administrative Agent, the Lenders and the US Borrower. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the US Borrower shall appoint from among the Lenders with Extended Revolving Credit Commitments a successor issuer of Letters of Credit, whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “of

Successor Letter of Credit Issuer. The Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ prior written notice to the Asian Administrative Agent, Agent or the U.S. Dollar Lenders and the BorrowerCompany. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the Borrower Company shall appoint from among the Lenders with Revolving Credit Commitments U.S. Dollar Lenders, a successor issuer of Letters of Credit, Credit whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “duties

Successor Letter of Credit Issuer. The A Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ prior written notice to the Administrative Agent, the Lenders and the Borrower. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the Borrower shall appoint from among the Lenders (with Revolving Credit the consent of such Lender) with Commitments a successor issuer of Letters of Credit, whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “the

Successor Letter of Credit Issuer. The Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ ' prior written notice to the Administrative Agent, the Lenders and the each Borrower. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the Borrower Borrowers shall appoint from among the Lenders with Revolving Credit Commitments a successor issuer of Letters of Credit, whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “"

Successor Letter of Credit Issuer. The Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ prior written notice to the Administrative Agent, the Lenders and the Borrower. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the Borrower shall appoint from among the Lenders with Revolving Credit Commitments a successor issuer of Letters of Credit, whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “

Successor Letter of Credit Issuer. The Letter of Credit Issuer may resign as the Letter of Credit Issuer upon 60 days’ ' prior written notice to the Administrative Agent, the Lenders and the Borrower. If the Letter of Credit Issuer shall resign as the Letter of Credit Issuer under this Agreement, then the Borrower shall appoint from among the Lenders with Revolving Credit Commitments a successor issuer of Letters of Credit, whereupon such successor issuer shall succeed to the rights, powers and duties of the Letter of Credit Issuer, and the term “"