Resignation by the Agent Sample Clauses

Resignation by the Agent. (a) The Agent may resign from the performance of all its functions and duties under the Agreement and the other Transaction Documents at any time by giving 30 days' prior written notice (as provided in the Agreement) to the Debtors and the Secured Parties. Such resignation shall take effect upon the appointment of a successor Agent pursuant to clauses (b) and (c) below.
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Resignation by the Agent. The Agent may resign from the ------------------------ performance of all its functions and duties hereunder at any time by giving 30 Business Days' prior written notice to each Borrower, Resources and the Banks. Such resignation shall take effect upon the expiration of such 30 Business Day period or upon the earlier appointment of a successor. Upon any such resignation, the Required Banks shall appoint a successor Agent who shall be satisfactory to the Borrowers and Resources and shall be an incorporated bank or trust company. In the event no such successor shall have been so appointed, then any notification, demand or other communication required or permitted to be given by the Agent on behalf of the Banks to the Borrowers hereunder shall be sufficiently given if given by the Required Banks, and any notification, demand, other communication, document, statement, other paper or payment required to be made, given or furnished by PPL, Finance Co. or Resources to the Agent for distribution to the Banks shall be sufficiently made, given or furnished if made, given or furnished by PPL, Finance Co. or Resources, as applicable, directly to each Bank entitled thereto and, in the case of payments, in the amount to which each such Bank is entitled from the applicable Borrower. All powers specifically delegated to the Agent by the terms hereof may be exercised by the Required Banks.
Resignation by the Agent. The Agent may resign or be removed in accordance with Sections 13.06(h) and 11.01 of the Indenture. Upon the acceptance of any appointment as Agent hereunder by a successor Agent, such successor Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Agent and the retiring Agent shall be discharged from its duties and obligations under the Agreement. After any retiring Agent’s resignation or removal hereunder as Agent, the provisions of the Agreement including this Annex B shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent.
Resignation by the Agent. 77 Section 12. Guaranty............................................................................................77
Resignation by the Agent. The Agent may resign from the performance of all of its functions and duties hereunder at any time by giving 30 Business Days' prior written notice to the Company and the Banks. Such resignation shall take effect upon the expiration of such 30 Business Day period or upon the earlier appointment of a successor pursuant to this section 8.8 or as provided in the definition of Agent. After any retiring Agent's resignation hereunder as Agent, the provisions of this Section 8 shall inure to its benefit as to any actions taken or omitted to be taken by it while it was Agent under the Loan Documents. Upon any such resignation, the Required Banks shall appoint a successor Agent who shall be satisfactory to the Company and shall be an incorporated bank or trust company. In the event no such successor shall have been so appointed by the 30th Business Day after the date such notice of resignation was given by the Agent, the Agent's resignation shall become effective and, until such time as the Required Banks shall appoint a successor Agent, any notification, demand or other communication required or permitted to be given by the Agent on behalf of the Banks to the Company hereunder shall be sufficiently given if given by the Required Banks, and any notification, demand, other communication, document, statement, other paper or payment required to be made, given or furnished by the Company to the Agent for distribution to the Banks shall be sufficiently made, given or furnished if made, given or furnished by the Company directly to each Bank entitled thereto and, in the case of payments, in the amount to which each such Bank is entitled. All powers specifically delegated to the Agent by the terms hereof may be exercised by the Required Banks.
Resignation by the Agent. 53 SECTION 11. Miscellaneous . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Resignation by the Agent. 84 (iii)
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Resignation by the Agent. The Agent and any successor Agent may at any time resign from the agency hereby created by giving written notice by first class mail, postage prepaid, return receipt requested, to the Issuers and their respective Subsidiaries, the Purchaser and the other holders of Notes, but such resignation shall take effect only upon the appointment of a successor Agent; provided, however, that if a successor Agent shall not have been appointed within thirty (30) days from the date of such notice of resignation, the resigning Agent may petition any court of competent jurisdiction for the appointment of a successor Agent.
Resignation by the Agent. 29 SECTION 9. Parent Guarantee............................................................... 30 SECTION 10. Miscellaneous................................................................. 31
Resignation by the Agent. 80 12.10 Syndication Agent and Documentation Agent........ 80
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