Appointment of successor by Majority Banks. After the giving by a Service Bank of a notice of termination the Majority Banks may in writing appoint a successor.
Appears in 4 contracts
Samples: Credit Facility Agreement, Credit Facility Agreement (ALTERRA CAPITAL HOLDINGS LTD), Credit Facility Agreement (Max Capital Group Ltd.)
Appointment of successor by Majority Banks. After the giving by a any Service Bank of a notice of termination the Majority Banks (after consultation with the Obligors) may in writing appoint a successor.
Appears in 2 contracts
Samples: Credit Facility Agreement (Amtrust Financial Services, Inc.), Facility Agreement (Amtrust Financial Services, Inc.)