Transfer of Agency Function. Without the consent of the Borrower, the Guarantors or any Lender, the Agent may at any time or from time to time transfer its functions as Agent hereunder to any of its offices located in the New York metropolitan area, provided that the Agent shall promptly notify the Borrower, the Guarantors and the Lenders thereof.
Appears in 4 contracts
Samples: Loan Agreement (Del Laboratories Inc), Loan Agreement (Del Laboratories Inc), Loan Agreement (Coolbrands International Inc)
Transfer of Agency Function. Without the consent of the BorrowerBorrowers, the Guarantors or any Lender, the Agent may at any time or from time to time transfer its functions as Agent hereunder to any of its offices located in the New York metropolitan area, provided that the Agent shall promptly notify the BorrowerBorrowers, the Guarantors and the Lenders thereof.
Appears in 1 contract
Samples: Loan Agreement (Allied Devices Corp)
Transfer of Agency Function. Without the consent of the Borrower, the Guarantors or any Lender, the Administrative Agent may at any time or from time to time transfer its functions as Administrative Agent hereunder to any of its offices located in the New York metropolitan area, provided that the Administrative Agent shall promptly notify the Borrower, the Guarantors and the Lenders thereof.
Appears in 1 contract