Common use of Alternatively Clause in Contracts

Alternatively. the Facility Agent may resign by giving 30 days’ notice to the other Finance Parties and the Borrowers, in which case the Majority Xxxxxxx may appoint a successor Facility Agent.

Appears in 9 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

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Alternatively. the Facility Agent may resign by giving 30 days’ notice to the other Finance Parties and the BorrowersCompany, in which case the Majority Xxxxxxx Lenders may appoint a successor Facility Agent.

Appears in 6 contracts

Samples: Credit Agreement (Sara Lee Corp), Restatement Agreement (Mittal Steel Co N.V.), Credit Agreement (MGM Resorts International)

Alternatively. the Facility Agent may resign by giving 30 days’ notice to the other Finance Parties and the BorrowersCompany, in which case the Majority Xxxxxxx Lenders may appoint a successor Facility Agent.

Appears in 4 contracts

Samples: Credit Facility Agreement (MGM Resorts International), Credit Facility Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)

Alternatively. the Facility Agent may resign by giving 30 days’ notice to the other Finance Parties and the Borrowers, in which case the Majority Xxxxxxx Lenders may appoint a successor Facility Agent.

Appears in 3 contracts

Samples: Assignment Agreement (Global Ship Lease, Inc.), Assignment Agreement (Ardmore Shipping Corp), Facility Agreement (Ardmore Shipping Corp)

Alternatively. the Facility Agent may resign by giving 30 days' notice to the other Finance Parties and the Borrowers, in which case the Majority Xxxxxxx may appoint a successor Facility Agent.

Appears in 2 contracts

Samples: Facility Agreement (United Maritime Corp), Assignment Agreement (Ardmore Shipping Corp)

Alternatively. the Facility Agent may resign by giving 30 thirty (30) days' notice to the other Finance Parties Parties, IADB, DFC and the BorrowersBorrower, in which case the Majority Xxxxxxx Lenders (after consultation with the Borrower) may appoint a successor Facility Agent.

Appears in 2 contracts

Samples: Facility Agreement, ire.finanzas.gob.ec

Alternatively. the Facility Agent may resign by giving 30 days’ (thirty) days notice to the other Finance Parties and the BorrowersObligors, in which case the Majority Xxxxxxx Lenders (after consultation with the Obligors) may appoint a successor Facility Agent.

Appears in 2 contracts

Samples: www.sec.gov, Sibanye Gold LTD

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Alternatively. the Facility Agent may resign by giving 30 days' notice to the other Finance Parties and the BorrowersBorrower, in which case the Majority Xxxxxxx Lxxxxxx may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Assignment Agreement (Euroseas Ltd.)

Alternatively. the Facility Agent may resign by giving 30 days' notice to the other Finance Parties and the BorrowersBorrower, in which case the Majority Xxxxxxx may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

Alternatively. the Facility Agent may resign by giving 30 days' notice to the other Finance Parties and the Borrowers, in which case the Majority Xxxxxxx Lenders may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Assignment Agreement (Star Bulk Carriers Corp.)

Alternatively. the Facility Agent may resign by giving 30 days' notice to the other Finance Parties and the BorrowersBorrower, in which case the Majority Xxxxxxx Lenders may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Assignment Agreement (Ocean Rig UDW Inc.)

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