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Common use of The Facility Agent Clause in Contracts

The Facility Agent. s resignation notice shall only take effect upon the appointment of a successor.

Appears in 4 contracts

Sources: Facility Agreement (Powerfleet, Inc.), Term and Revolving Credit Facilities Agreement, Term and Revolving Credit Facilities Agreement (Sibanye Gold LTD)

Related Clauses

  • Reliance by Administrative Agent, L/C Issuers and Lenders
  • Administrative Agent’s Reliance, Etc
  • Administrative Agent’s Reliance
  • Nonliability of Administrative Agent and Lenders
  • Administrative Agent Reliance on Lender Funding

Parent Clauses

  • Changes to the Lenders
  • Procedure for transfer
  • Resignation of the Facility Agent
  • Enforcement
  • Submission to jurisdiction

Sub-Clauses

  • Indemnification
  • Appointment
  • Delegation of Duties
  • Exculpatory Provisions
  • Notices
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