Examples of Manager Termination Notice in a sentence
Each Collateral Manager Termination Notice shall designate the replacement Collateral Manager, who shall be selected by the Administrative Agent in its sole discretion, provided that, notwithstanding any other provision set forth herein or in any other Transaction Document, no such replacement Collateral Manager shall have any ability to direct the Borrower (or the Collateral Agent on behalf of the Borrower) to purchase any Loan, Permitted Investment or other asset.
Each Collateral Manager Termination Notice shall designate the replacement Collateral Manager, who shall be selected by the Controlling Lender in its sole discretion; provided that such replacement Collateral Manager shall be an Approved Replacement Collateral Manager.
These commands can be interpreted into a code understood by a machine.
The Issuer shall, as promptly as possible after the giving of an MTN Cash Manager Termination Notice, appoint a successor MTN Cash Manager which shall be an Eligible MTN Cash Manager and shall accept its appointment by a written assumption in a form acceptable to the Issuer and the Trustee.
Each Collateral Manager Termination Notice shall designate the replacement Collateral Manager, who shall be selected by the Administrative Agent in its sole discretion.