Common use of Alternatively, the Facility Clause in Contracts

Alternatively, the Facility. 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 Facility Agent.

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

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