Common use of Alternatively the Agent Clause in Contracts

Alternatively the Agent. may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent.

Appears in 8 contracts

Samples: Facility Agreement (Hoegh LNG Partners LP), Facility Agreement (Hoegh LNG Partners LP), Supplemental Agreement (Navigator Holdings Ltd.)

AutoNDA by SimpleDocs

Alternatively the Agent. may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent.

Appears in 8 contracts

Samples: Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.), Loan Agreement (NCL CORP Ltd.)

Alternatively the Agent. may resign by giving notice to the other Finance Parties Lenders and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent.

Appears in 3 contracts

Samples: Term Facility Agreement (Enstar Group LTD), Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)

Alternatively the Agent. and the Security Agent may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent or the Security Agent, as the case may be.

Appears in 2 contracts

Samples: Distribution Agreement (Central European Distribution Corp), Facility Agreement (Central European Distribution Corp)

Alternatively the Agent. may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor AgentAgent acting through an office in the United Kingdom.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

AutoNDA by SimpleDocs

Alternatively the Agent. may resign by giving notice to the other Finance Parties and the Original Borrower, in which case the Majority Lenders (after consultation with the Original Borrower) may appoint a successor Agent.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Validus Holdings LTD)

Alternatively the Agent. may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent. Such successor Agent must be acceptable to the Borrower acting reasonably and in good faith.

Appears in 1 contract

Samples: Term Facility Agreement (Luxottica Group Spa)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!