Common use of Appointment and Termination Clause in Contracts

Appointment and Termination. The Issuer and the Guarantor may, with the prior written approval of the Trustee, at any time appoint additional or other Agents and/or terminate the appointment of any Agent by giving to the Principal Paying Agent and the Agent concerned at least 60 days’ notice to that effect, which notice shall expire at least 30 days before or after any due date for payment of any payment (of principal, interest or otherwise) in respect of any Bonds, provided that there will at all times be Agents complying with the requirements of the Conditions.

Appears in 2 contracts

Samples: Agreement (Portugal Telecom SGPS Sa), Supplemental Agency Agreement (Portugal Telecom SGPS Sa)

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Appointment and Termination. The Issuer and the Guarantor maymay at any time, with the prior written approval of the Trustee, at any time appoint additional or other Paying Agents and/or terminate the appointment of any Agent by giving to the Principal Paying Agent and the Agent concerned at least 60 days’ notice to that effect, which notice shall expire at least 30 days before or after any due date for payment of any payment (of principal, interest Notes or otherwise) in respect of any Bonds, provided that there will at all times be Agents complying with the requirements of the ConditionsCoupons.

Appears in 2 contracts

Samples: Paying Agency Agreement, Paying Agency Agreement (Ecolab Inc)

Appointment and Termination. The Issuer and the Guarantor maymay at any time, with the prior written approval of the Trustee, at any time appoint additional or other Agents and/or terminate the appointment of any Agent by giving to the Principal Paying Agent and the Agent concerned at least 60 days' notice to that effect, which notice shall expire at least 30 15 days before or after any due date for payment of any payment (Notes. Upon any letter of principalappointment being executed by or on behalf of the Issuer and any person appointed as an Agent, interest or otherwise) such person shall become a party to this Agreement as if originally named in it and shall act as such Agent in respect of any Bonds, provided that there will at all times be Agents complying with the requirements of the ConditionsNotes.

Appears in 1 contract

Samples: Agreement

Appointment and Termination. The Issuer and the Guarantor maymay at any time, with the prior written approval of the Trustee, at any time appoint additional Paying Agents or other Transfer Agents and/or terminate the appointment of any Agent by giving to the Principal Paying Agent and the Agent concerned at least 60 days’ notice to that effect, which notice shall expire at least 30 days before or after any due date for payment of any payment (Bonds. Upon any letter of principal, interest appointment being executed by or otherwise) in respect of any Bonds, provided that there will at all times be Agents complying with the requirements on behalf of the ConditionsIssuer and any person appointed as an Agent, such person shall become a party to this Agreement as if originally named in it and shall act as such Agent.

Appears in 1 contract

Samples: Agency Agreement (Wynn Resorts LTD)

Appointment and Termination. The Issuer and or the Guarantor may, with the prior written approval of the Trustee, at any time appoint additional Agents or other Agents Custodian and/or terminate the appointment of any Agent or the Custodian or (with the agreement of the relevant Agent or the Custodian) vary the terms of any such appointment by giving to the Principal Paying Agent and the Agent concerned or the Custodian at least 60 days’ written notice to that effect, which notice shall expire at least 30 days before or after any due date for payment of any payment (of principal, interest or otherwise) in respect of any Bonds, provided that there will at all times be Agents complying with the requirements of the ConditionsNotes.

Appears in 1 contract

Samples: Agency Agreement (First Pacific Company LTD /Fi)

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Appointment and Termination. The Issuer and and/or the Guarantor may, with the prior written approval of the Trustee, Guarantors may at any time appoint additional or other Paying Agents and/or terminate the appointment of any Agent by giving to the Principal Paying Agent and the Agent concerned at least 60 days’ notice to that effect, which notice shall expire at least 30 days before or after any due date for payment of any payment (of principal, interest Notes or otherwise) in respect of any Bonds, provided that there will at all times be Agents complying with the requirements of the ConditionsCoupons.

Appears in 1 contract

Samples: Agency Agreement

Appointment and Termination. The Issuer and the Guarantor may, may at any time with the prior written approval of the Trustee, at any time Trustee (such approval not to be unreasonably withheld) appoint additional or other Agents and/or vary or terminate the appointment of any Agent by giving to the Principal Paying Paying, Transfer and Conversion Agent and the Agent concerned at least 60 days' prior written notice to that effect, which notice shall expire at least 30 days before or after any due date for payment of any payment (of principal, interest or otherwise) in respect of any Bonds, provided that there will at all times be Agents complying with the requirements of the Conditions.

Appears in 1 contract

Samples: Conversion Agency Agreement

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