Common use of Successor Swing Line Lender Clause in Contracts

Successor Swing Line Lender. Swing Line Lender may resign at any time by giving 30 days' prior written notice thereof to Administrative Agent, Lenders and Borrower, and Swing Line Lender may be removed at any time with or without cause by an instrument or concurrent instruments in writing delivered to Borrower and Administrative Agent and signed by Requisite Lenders. In such event (i) Borrower shall prepay any outstanding Swing Line Loans made by the retiring or removed Swing Line Lender in its capacity as Swing Line Lender, (ii) upon such prepayment, the retiring or removed Swing Line Lender shall surrender the Swing Line Note held by it to Borrower for cancellation, and (iii) Borrower shall issue a new Swing Line Note to the successor Swing Line Lender substantially in the form of Exhibit VII annexed hereto, in the principal amount of the Swing Line Loan Commitment then in effect and with other appropriate insertions.

Successor Swing Line Lender. Swing Line Lender may resign at any time by giving 30 days' ’ prior written notice thereof to Administrative Agent, Lenders and Borrower, and Swing Line Lender may be removed at any time with or without cause by an instrument or concurrent instruments in writing delivered to Borrower and Administrative Agent and signed by Requisite Lenders. In such event (i) Borrower shall prepay any outstanding Swing Line Loans made by the retiring or removed Swing Line Lender in its capacity as Swing Line Lender, (ii) upon such prepayment, the retiring or removed Swing Line Lender shall surrender the Swing Line Note held by it to Borrower for cancellation, and (iii) Borrower shall issue a new Swing Line Note to the successor Swing Line Lender substantially in the form of Exhibit VII XII annexed hereto, in the principal amount of the Swing Line Loan Commitment then in effect and with other appropriate insertions.

Successor Swing Line Lender. Swing Line Lender may resign at any time by giving 30 days' prior written notice thereof to Administrative Agent, Lenders and Borrower, and Swing Line Lender may be removed at any time with or without cause by an instrument or concurrent instruments in writing delivered to Borrower and Administrative Agent and signed by Requisite Lenders. In such event (i) Borrower shall prepay any outstanding Swing Line Loans made by the retiring or removed Swing Line Lender in its capacity as Swing Line Lender, (ii) upon such prepayment, the retiring or removed Swing Line Lender shall surrender the Swing Line Note held by it to Borrower for cancellation, and (iii) Borrower shall issue a new Swing Line Note to the successor Swing Line Lender substantially in the form of Exhibit VII EXHIBIT VIII annexed hereto, in the principal amount of the Swing Line Loan Commitment then in effect and with other appropriate insertions.