Condition to Resignation or Termination. No resignation or (subject to Clause 14) termination of the appointment of the Fiscal Agent or the Registrar shall, however, take effect until a new Fiscal Agent or Registrar, as the case may be, (which in each case shall be a bank or trust company) has been appointed.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 14.7) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 17.5) termination of the appointment of any Agent shall take effect unless the Issuer maintains Agents in accordance with the Conditions. The Issuer agrees with the relevant retiring Agent, that if any such successor Agent is required in accordance with this Clause 17.3, and by the day falling ten days before the expiry of any notice under Clause 17.1 or Clause 17.2, the Issuer has not appointed such a successor Agent approved by the Trustee, then the relevant retiring Agent shall be entitled, on behalf of the Issuer and at the expense of the Issuer, to appoint as a successor Agent in its place a reputable independent financial institution of good standing which the Issuer and the Trustee shall approve.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 14.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions or by the rules of any stock exchange for so long as the Notes are then listed on such stock exchange. The Issuer agrees with the Agent that if, by the day falling 7 days before the expiry of any notice, the Issuer has not appointed a successor Agent then the Agent shall be entitled, on behalf of the Issuer, to appoint in its place as a successor Agent, a reputable financial institution of good standing on terms approved by the Trustee. The Agents shall not be responsible for any costs occasioned by termination or resignation (which costs shall be borne by the Issuer).
Condition to Resignation or Termination. No resignation or (subject to Clause 14.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions. The Issuer agrees with each Paying Agent that if, by the day falling 10 days before the expiry of any notice, the Issuer has not appointed a successor Paying Agent, then the Paying Agent shall be entitled, on behalf of the Issuer, to appoint in its place as a successor Paying Agent, any reputable financial institution of good standing which the Issuer shall approve.
Condition to Resignation or Termination. No resignation or (subject to Clause 18.5) termination of the appointment of the Principal Agent, the Registrar or the Custodian shall, however, take effect until a new Principal Agent (which shall be a bank or trust company), Registrar or Custodian has been appointed and no resignation or termination of the appointment of any other Agent shall take effect if there would not then be Agents as required by the Conditions.
Condition to Resignation or Termination. No resignation or (subject to Clause 18.5) termination of the appointment of the Principal Paying Agent, Principal Transfer and Exchange Agent or Registrar shall, however, take effect until a new Principal Paying Agent, Principal Transfer and Exchange Agent or Registrar (which in any case shall be a bank or trust company) has been appointed provided that in the absence of such appointment within 60 days of notice being given by such Agent of its intention to resign, such Agent shall be entitled to appoint its own replacement (in the case of a replacement Principal Paying Agent, having its specified office in London) acceptable to the Trustee. No resignation or termination of the appointment of an Agent shall take effect if as a result of such resignation or termination the proviso to Clause 18.1 would not be satisfied.
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 14.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed, with the prior written approval of the Trustee, and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions. If the Issuer shall have failed to appoint a successor Agent by the 10th day prior to the expiry of the relevant notice period, the relevant Agent may appoint a successor, provided that such successor shall be a reputable bank or trust company of good standing and previously approved by the Issuer and the Trustee (such approval not to be unreasonably withheld or delayed).
Condition to Resignation or Termination. No resignation or (subject to Clause 20.5) termination of the appointment of the Principal Paying Agent shall take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions. The Issuer hereby covenants that if any Agent gives notice under Clause 20.2 it shall use its best endeavours to procure a new Agent to be appointed and if the Issuer fails to appoint a new Agent within 30 days following the date of notice of resignation by such Agent or termination (as the case may be) of the appointment of such Agent pursuant to Clause 20.1 or Clause 20.2 then such Agent may, on behalf of and at the cost of the Issuer, appoint its own replacement.
Condition to Resignation or Termination. No resignation or (subject to Clause 13.5) termination of the appointment of the Fiscal Agent shall, however, take effect until a new Fiscal Agent (which shall be a bank or trust company) has been appointed. If the Issuer and the Guarantor fail to appoint a successor within 10 days before the expiry of any notice given under Clause 13.1 and 13.2, then the Agent may on behalf of the Issuer and the Guarantor, appoint a successor that is a reputable and experienced financial institution of good standing subject to the prior approval in writing of the Issuer and the Guarantor.
