Condition to Resignation or Termination. No resignation or (subject to Clause 17.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointed.
Appears in 2 contracts
Samples: Agency Agreement, Agency Agreement
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 17.514.7) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointedappointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions.
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Condition to Resignation or Termination. No resignation or (subject to sub-Clause 17.514.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointedappointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Conditions or by the rules of any stock exchange for so long as the Notes are then listed on such stock exchange.
Appears in 1 contract
Samples: Paying Agency Agreement
Condition to Resignation or Termination. No no resignation or (subject to Clause 17.512.9 (Reliance upon written instruments)) termination of the appointment of the Principal Paying Agent, the Registrar or a Transfer Agent shall, however, take effect until a new Principal Paying Agent, Registrar or Transfer Agent (in the case of a Transfer Agent, to the extent no further Transfer Agent is already in office)as the case may be, (which shall be a financial institution, bank or trust company) approved in writing by the Trustee has been appointed.
Appears in 1 contract
Samples: Agency Agreement
Condition to Resignation or Termination. No resignation or (subject to sub-Clause 17.514.5) termination of the appointment of the Principal Paying Agent shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) has been appointedappointed and no resignation or termination of the appointment of a Paying Agent shall take effect if there would not then be Paying Agents as required by the Terms.
Appears in 1 contract
Condition to Resignation or Termination. No resignation or (subject to Clause 17.516.5) termination of the appointment of the Principal Paying Agent, the Registrar or the Transfer Agent shall, however, take effect until a new Principal Paying Agent Agent, Registrar or Transfer Agent, as the case may be, (which shall be a bank or trust company) has been appointedappointed and no resignation or termination of the appointment of an Agent shall take effect if there would not then be such Agents as are required by Condition 7(d).
Appears in 1 contract
Samples: Agency Agreement (New Oriental Education & Technology Group Inc.)
Condition to Resignation or Termination. No resignation or (subject to Clause 17.518.5) termination of the appointment of the Principal Paying Agent Agent, the Registrar or the Custodian shall, however, take effect until a new Principal Paying Agent (which shall be a bank or trust company) ), Registrar or Custodian has been appointedappointed and no resignation or termination of the appointment of any other Agent shall take effect if there would not then be Agents as required by the Conditions.
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