Common use of Agents may appoint successors Clause in Contracts

Agents may appoint successors. If the Fiscal Agent, Registrar, Calculation Agent or any Required Agent gives notice of its resignation in accordance with Clause 14.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 14.6 (Additional and successor agents), the Fiscal Agent or (as the case may be), Registrar, Calculation Agent or Required Agent may itself, following such consultation with the Issuers and the Guarantor as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuers, the Guarantor, the remaining Agents and the Noteholders, whereupon the Issuers, the Guarantor, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.

Agents may appoint successors. If the Fiscal Issue and Paying Agent, Registrar, Calculation Determination Agent or any Required Paying Agent gives notice of its resignation in accordance with Clause 14.1 13.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 14.6 13.4 (Additional and successor agents), the Fiscal Issue and Paying Agent or (as the case may be), Registrar, Calculation ) Determination Agent or Required Paying Agent may itself, following such consultation with the Issuers and the Guarantor Issuer as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuers, the GuarantorIssuer, the remaining Agents and the Noteholders, whereupon the Issuers, the GuarantorIssuer, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.

Agents may appoint successors. If the Fiscal Agent, Registrar, Calculation Principal Paying Agent or any Required Agent gives notice of its resignation in accordance with Clause 14.1 11.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 14.6 11.4 (Additional and successor agentsSuccessor Agents), the Fiscal Agent or Registrar (as the case may be), Registrar, Calculation ) Principal Paying Agent or Required Agent may itself, following such consultation with the Issuers and the Guarantor Issuer as is practicable in the circumstancescircumstances and with the prior written approval of the Trustee, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the Issuers, the GuarantorIssuer, the remaining Agents Agents, the Trustee and the Noteholders, whereupon the Issuers, the GuarantorIssuer, the remaining Agents Agents, the Trustee and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.

Agents may appoint successors. If the Fiscal Agent, Registrar, Calculation Agent or any Required Agent gives notice of its resignation in accordance with Clause 14.1 (Resignation) and by the tenth day before the expiry of such notice a successor has not been duly appointed in accordance with Clause 14.6 14.4 (Additional and successor agents), the Fiscal Agent or (as the case may be), Registrar, Calculation Agent or Required Agent may itself, following such consultation with the Issuers Issuer and the Guarantor as is practicable in the circumstances, appoint as its successor any reputable and experienced financial institution and give notice of such appointment to the IssuersIssuer, the Guarantor, the remaining Agents and the Noteholders, whereupon the IssuersIssuer, the Guarantor, the remaining Agents and such successor shall acquire and become subject to the same rights and obligations between themselves as if they had entered into an agreement in the form mutatis mutandis of this Agreement.