Common use of Resignation of the Administrative Agent Clause in Contracts

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks and the Company. Upon receipt of any such notice of resignation, the Required Banks shall have the right, with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned), to appoint a successor. If no such successor shall have been so appointed by the Required Banks and shall have accepted such appointment within thirty days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required Banks) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), on behalf of the Banks, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders, the L/C Issuer and the CompanyBorrower. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrower, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Borrower and the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the BanksLenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, appointed such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders and the CompanyBorrower. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrower, to appoint a successor. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), on behalf of the BanksLenders, appoint a successor Administrative Agent; provided that in no event shall any such successor Administrative Agent meeting the qualifications set forth abovebe a Defaulting Lender. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders, the L/C Issuer and the CompanyBorrowers. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrowers, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the BanksLenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders, the L/C Issuers and the CompanyBorrowers. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrowers, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the 104 retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the BanksLenders and the L/C Issuers, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (ag) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders, the L/C Issuer and the CompanyBorrower. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrower, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty (30) days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the BanksLenders and the L/C Issuer, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders, the L/C Issuers and the CompanyBorrowers. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrowers, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty (30) days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the BanksLenders and the L/C Issuers, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders, the L/C Issuers and the CompanyBorrowers. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrowers, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the BanksLenders and the L/C Issuers, appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders and the CompanyBorrowers. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrowers, to appoint a successor, which shall be a bank with an office in the United States, or an Affiliate of any such bank with an office in the United States. If no such successor shall have been so appointed by the Required Banks Lenders and shall have accepted such appointment within thirty 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), ) on behalf of the Banks, Lenders appoint a successor Administrative Agent meeting the qualifications set forth above. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.

Resignation of the Administrative Agent. (a) The Administrative Agent may at any time give notice of its resignation to the Banks Lenders and the CompanyBorrower. Upon receipt of any such notice of resignation, the Required Banks Lenders shall have the right, in consultation with the prior written consent of the Company (provided, (x) no such consent of the Company shall be required while a Termination Event exists and (y) such consent shall not be unreasonably withheld, delayed or conditioned)Borrower, to appoint a successor. If no such successor shall have been so appointed by the Required Banks Xxxxxxx and shall have accepted such appointment within thirty 30 days after the retiring Administrative Agent gives notice of its resignation (or such earlier day as shall be agreed by the Required BanksLenders) (the “Resignation Effective Date”), then the retiring Administrative Agent may (but shall not be obligated to), on behalf of the BanksLenders, appoint a successor Administrative Agent; provided that in no event shall any such successor Administrative Agent meeting the qualifications set forth abovebe a Defaulting Lender. Whether or not a successor has been appointed, such resignation shall become effective in accordance with such notice on the Resignation Effective Date.