Common use of Alternatively Clause in Contracts

Alternatively. the Agent may resign by giving 30 days 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 2 contracts

Samples: www.lw.com, Teekay LNG Partners L.P.

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Alternatively. the Facility Agent may resign by giving 30 days days’ 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 Facility Agent.

Appears in 2 contracts

Samples: Facilities Agreement (RISE Education Cayman LTD), Intercreditor Agreement (WuXi PharmaTech (Cayman) Inc.)

Alternatively. the Agent may resign by giving 30 days days’ 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 2 contracts

Samples: Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.), Facility Agreement (Giant Interactive Group Inc.)

Alternatively. the Agent may resign by giving 30 days thirty (30) days’ 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, subject to (i) receipt of all necessary authorisations from the U.S. Department of State and the Department and (ii) such replacement Agent agreeing to become bound to the Assurance Letter in accordance with its terms.

Appears in 2 contracts

Samples: Assignment Agreement (Bristow Group Inc.), Facility Agreement (Bristow Group Inc.)

Alternatively. the each Agent may resign by giving 30 days days’ 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 2 contracts

Samples: Assignment Agreement (Wanda Sports Group Co LTD), Assignment Agreement (Wanda Sports Group Co LTD)

Alternatively. the Agent may resign by giving 30 days days’ 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, subject to (i) receipt of all necessary authorisations from the U.S. Department of State and the Department and (ii) such replacement Agent agreeing to become bound to the Assurance Letter in accordance with its terms.

Appears in 2 contracts

Samples: Search and Rescue (Bristow Group Inc.), Agreement (Bristow Group Inc.)

Alternatively. the Agent may resign by giving 30 days days' 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 2 contracts

Samples: Intercreditor Agreement (CorpAcq Group PLC), Intercreditor Agreement (CorpAcq Group PLC)

Alternatively. the Agent may resign by giving 30 days days' notice to the other Finance Parties Lenders and the BorrowerCompany, in which case the Majority Lenders (after consultation with the BorrowerCompany) may appoint a successor Agent.

Appears in 2 contracts

Samples: Agreement, Intercreditor Agreement (New Frontier Health Corp)

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Alternatively. the each Agent may resign by giving not less than 30 days notice to the other Finance Parties Lenders and the BorrowerParent, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor AgentAgent with the consent of the Parent (acting reasonably).

Appears in 1 contract

Samples: Senior Credit Agreement (Shurgard Storage Centers Inc)

Alternatively. the Agent may resign by giving 30 thirty (30) days 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 1 contract

Samples: Term Facility Agreement (KNOT Offshore Partners LP)

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

Appears in 1 contract

Samples: Agreement (New Frontier Public Holding Ltd.)

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

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Net 1 Ueps Technologies Inc)

Alternatively. the Agent may resign by giving 30 days thirty (30) days’ 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 1 contract

Samples: Credit Facility Agreement (Mercer International Inc.)

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