Common use of Change of Paying Agent Clause in Contracts

Change of Paying Agent. (a) Any time, other than on a day during the forty-five (45) day period preceding any payment date for the Notes, the Paying Agent may resign by giving at least forty-five (45) days’ prior written notice to the Company; and the Paying Agent’s agency shall be terminated and its duties shall cease upon expiration of such forty-five (45) days or such lesser period of time as shall be mutually agreeable to the Paying Agent and the Company. At any time, following at least forty-five (45) days’ prior written notice (or such lesser period of time as shall be mutually agreeable to the Paying Agent and the Company) from the Company, the Paying Agent may be removed from its agency. Such removal shall become effective upon the expiration of the forty-five (45) day or agreed lesser time period (provided that any such removal shall be immediate in case the Paying Agent shall be adjudicated bankrupt or insolvent), and upon payment to the Paying Agent of all amounts payable to it in connection with its agency. In such event, following payment in full of its fees and expenses, the Paying Agent shall deliver to the Company, or to the Company’s designated representative, all Notes (if any) and cash (if any) belonging to the Company and, at the Company’s reasonable expense, shall furnish to the Company, or to the Company’s designated representative, such information regarding the status of the Company’s outstanding Notes reasonably requested by the Company.

Change of Paying Agent. (a) 6.1 Any time, other than on a day during the forty-five (45) day period preceding any payment date for the Issuer’s Notes, the Paying Agent may resign by giving at least forty-five (45) days’ prior written notice to the CompanyIssuer; and the Paying Agent’s agency shall be terminated and its duties shall cease upon expiration of such forty-five (45) days or such lesser period of time as shall be mutually agreeable to the Paying Agent and the CompanyIssuer. At any time, following at least forty-five (45) days’ prior written notice (or such lesser period of time as shall be mutually agreeable to the Paying Agent and the CompanyIssuer) from the CompanyIssuer, the Paying Agent may be removed from its agency. Such removal shall become effective upon the expiration of the forty-five (45) day or agreed lesser time period (provided that any such removal shall be immediate in case the Paying Agent shall be adjudicated bankrupt or insolvent), and upon payment to the Paying Agent of all amounts payable to it in connection with its agency. In such event, following payment in full of its fees and expenses, the Paying Agent shall deliver to the CompanyIssuer, or to the CompanyIssuer’s designated representative, all Notes (if any) and cash (if any) belonging to the Company Issuer and, at the CompanyIssuer’s reasonable expense, shall furnish to the CompanyIssuer, or to the CompanyIssuer’s designated representative, such information regarding the status of the CompanyIssuer’s outstanding Notes reasonably requested by the CompanyIssuer.

Change of Paying Agent. (a) Any 6.1 At any time, other than on a day during the forty-five (45) day period preceding any payment date for on the Notes, the Paying Agent may resign by giving at least forty-five (45) days’ prior written notice to the CompanyIssuer; and the Paying Agent’s agency shall be terminated and its duties shall cease upon expiration of such forty-five (45) days or such lesser period of time as shall be mutually agreeable to the Paying Agent and the CompanyIssuer. At any time, following at least forty-five (45) days’ prior written notice (or such lesser period of time as shall be mutually agreeable to the Paying Agent and the CompanyIssuer) from the CompanyIssuer, the Paying Agent may be removed from its agency. Such removal shall become effective upon the expiration of the forty-five (45) day or agreed lesser time period (provided that any such removal shall be immediate in case the Paying Agent shall be adjudicated bankrupt or insolvent), and upon payment to the Paying Agent of all amounts payable to it in connection with its agency. In such event, following payment in full of its fees and expenses, the Paying Agent shall promptly deliver to the CompanyIssuer, or to the CompanyIssuer’s designated representative, all Notes (if any) and cash (if any) belonging to the Company Issuer and, at the CompanyIssuer’s reasonable expense, shall furnish to the CompanyIssuer, or to the CompanyIssuer’s designated representative, such information regarding the status of the CompanyIssuer’s outstanding Notes reasonably requested by the CompanyIssuer.

Change of Paying Agent. (ai) Any time, other than on a day during the forty-five (45) day period preceding any payment date for the Notes, the Paying Agent may resign by giving at least forty-five (45) days’ prior written notice to the Company; and the Paying Agent’s agency shall be terminated and its duties shall cease upon expiration of such forty-five (45) days or such lesser period of time as shall be mutually agreeable to the Paying Agent and the Company. At any time, following at least forty-five (45) days’ prior written notice (or such lesser period of time as shall be mutually agreeable to the Paying Agent and the Company) from the Company, the Paying Agent may be removed from its agency. Such removal shall become effective upon the expiration of the forty-five (45) day or agreed lesser time period (provided that any such removal shall be immediate in case the Paying Agent shall be adjudicated bankrupt or insolvent), and upon payment to the Paying Agent of all amounts payable to it in connection with its agency. In such event, following payment in full of its fees and expenses, the Paying Agent shall deliver to the Company, or to the Company’s designated representative, all Notes (if any) and cash (if any) belonging to the Company and, at the Company’s reasonable expense, shall furnish to the Company, or to the Company’s designated representative, such information regarding the status of the Company’s outstanding Notes reasonably requested by the Company.

Change of Paying Agent. (a) Any time, other than on a day during the forty-five (45) day period preceding any payment date for the Notes, the Paying Agent may resign by giving at least forty-five (45) days’ prior written notice to the CompanyIssuer; and the Paying Agent’s agency shall be terminated and its duties shall cease upon expiration of such forty-five (45) days or such lesser period of time as shall be mutually agreeable to the Paying Agent and the CompanyIssuer. At any time, following at least forty-five (45) days’ prior written notice (or such lesser period of time as shall be mutually agreeable to the Paying Agent and the CompanyIssuer) from the CompanyIssuer, the Paying Agent may be removed from its agency. Such removal shall become effective upon the expiration of the forty-five (45) day or agreed lesser time period (provided that any such removal shall be immediate in case the Paying Agent shall be adjudicated bankrupt or insolvent), and upon payment to the Paying Agent of all amounts payable to it in connection with its agency. In such event, following payment in full of its outstanding fees and expenses, the outgoing Paying Agent shall deliver to the CompanyIssuer, or to the CompanyIssuer’s designated representative, all Notes (if any) and cash (if any) belonging to the Company Issuer and, at the CompanyIssuer’s reasonable expense, shall furnish to the CompanyIssuer, or to the CompanyIssuer’s designated representative, such information regarding the status of the CompanyIssuer’s outstanding Notes reasonably requested by the CompanyIssuer.