Common use of Resignation or Removal of the Agent Clause in Contracts

Resignation or Removal of the Agent. (a) Except as provided below, the Agent may at any time resign as Note Registrar, as Issuing Agent or as Paying Agent by giving written notice to the Issuer of its intention to resign from any or all such offices, specifying the date on which its desired resignation shall become effective; provided that such notice shall be given not less than 45 days prior to the said effective date unless the Issuer otherwise agrees in writing. Except as provided below, the Agent may be removed from any or all of the offices to which it is hereby appointed by the Issuer delivering to the Agent an instrument in writing signed by the Issuer specifying such removal and the date when it shall become effective (such effective date being at least 20 days after said filing).

Appears in 2 contracts

Samples: Issuing and Paying (People's United Financial, Inc.), Issuing and Paying (Texas Capital Bancshares Inc/Tx)

AutoNDA by SimpleDocs

Resignation or Removal of the Agent. (a) Except as provided below, the Agent may may, at any time time, resign as Note Registrar, as Issuing Agent or as Paying Agent Agent, by giving written notice to the Issuer of its intention to resign from any or all such offices, specifying the date on which its desired resignation shall become effective; provided that such notice shall be given not less than 45 days prior to the said effective date date, unless the Issuer otherwise agrees in writing. Except as provided below, the Agent may be removed from any or all of the offices to which it is hereby appointed by the Issuer upon delivering to the Agent an instrument in writing signed by the Issuer specifying such removal and the date when it such removal shall become effective (such effective date being at least 20 days after said filing).

Appears in 2 contracts

Samples: Issuing and Paying Agency Agreement (Sterling Bancorp), Issuing and Paying (Sterling Bancorp)

Resignation or Removal of the Agent. (a) Except as provided below, the The Agent may at any time resign as Note Registrar, as Issuing Agent or as Paying Agent in any of its capacities by giving written notice to the Issuer of its intention to resign from any or all such offices, specifying the date on which its desired resignation shall become effective; provided that such notice shall be given not less than 45 30 days prior to the said effective date unless the Issuer otherwise agrees in writing. Except as provided below, the Agent may be removed from any or all of the offices to which it is hereby appointed by the Issuer delivering to the Agent an instrument in writing signed by the Issuer specifying such removal and the date when it shall become effective (such effective date being at least 20 days after said filing).

Appears in 1 contract

Samples: Paying Agency Agreement (Mb Financial Inc /Md)

AutoNDA by SimpleDocs

Resignation or Removal of the Agent. (a) Except as provided below, the Agent may may, at any time time, resign as Calculation Agent, Note Registrar, as Issuing Agent or as Paying Agent Agent, by giving written notice to the Issuer of its intention to resign from any or all such offices, specifying the date on which its desired resignation shall become effective; provided that such notice shall be given not less than 45 days prior to the said effective date date, unless the Issuer otherwise agrees in writing. Except as provided below, the Agent may be removed from any or all of the offices to which it is hereby appointed by the Issuer upon delivering to the Agent an instrument in writing signed by the Issuer specifying such removal and the date when it such removal shall become effective (such effective date being at least 20 days after said filing).

Appears in 1 contract

Samples: Issuing and Paying Agency Agreement (First Commonwealth Financial Corp /Pa/)

Time is Money Join Law Insider Premium to draft better contracts faster.