Common use of Alternatively, the Security Agent may resign by giving Clause in Contracts

Alternatively, the Security Agent may resign by giving. thirty (30) days' notice to the Lenders and the Borrower, in which case the Majority Lenders may (with the prior consent of the Italian Authorities) appoint a successor Security Agent.

Appears in 4 contracts

Samples: Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.), Sace Facility Agreement (Norwegian Cruise Line Holdings Ltd.)

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