Appointment of Bank or Financial Institution. If the Issuing and Paying Agent gives notice of its resignation in accordance with clause 13.1 (Resignation), and a replacement Issuing and Paying Agent is required and by the tenth day before the expiration of such notice such replacement has not been appointed by the Issuer and the Guarantor, then the Issuing and Paying Agent may, itself, appoint on behalf of the Issuer and the Guarantor as its replacement any reputable and experienced bank or financial institution. Immediately following such appointment, such Agent shall give notice of such appointment to the Issuer and the Guarantor, whereupon the parties hereto and such replacement agent shall thereafter have the same rights and obligations among them as would have been the case had they then entered into an agreement in the form mutatis mutandis of this Agreement.
Appointment of Bank or Financial Institution. If the Portuguese Paying Agent gives notice of its resignation in accordance with Clause 9.1 (Resignation), and a replacement agent is required and by the tenth day before the expiration of such notice such replacement has not been appointed by the Issuer, then the Portuguese Paying Agent may, itself, following such consultation with EDP (for information purposes), appoint on behalf of the Issuer as its replacement any reputable and experienced bank or financial institution that is an Affiliate Member of Interbolsa. Immediately following such appointment, the Portuguese Paying Agent shall give notice of such appointment to the Issuer, whereupon the parties hereto and such replacement agent shall thereafter have the same rights and obligations among them as would have been the case had they then entered into an agreement in the form mutatis mutandis of this Agreement.
