Conditions to Resignation and Termination. Subject to paragraph 9(b)(vi) below, no resignation or termination of the appointment of the Global Agent shall take effect until a new agent has been appointed and no resignation or termination of the appointment of an agent shall take effect if there would not then be agents as required by the Terms of any Notes. Issuer shall use its best efforts to appoint a new agent not later than 30 calendar days after Issuer's receipt of the notice of resignation delivered by the Global Agent in accordance with paragraph 9(b)(ii) above. Issuer agrees with the Global Agent that if Issuer fails to appoint a successor within such period, the Global Agent may petition a court of competent jurisdiction to appoint a new Global Agent hereunder and Issuer shall accept the appointment of that bank as the successor to Global Agent.
Conditions to Resignation and Termination. Subject to paragraph 7(b)(vi) below, no resignation or termination of the appointment of the Exchange Administrator shall take effect until a new exchange administrator has been appointed, and no resignation or termination of the appointment of an agent shall take effect if there would not then be agents as required by the Terms of any Exchangeable Notes or any MAC Notes. Issuer shall use its best efforts to appoint a new Exchange Administrator not later than 30 calendar days after Issuer's receipt of the notice of resignation delivered by the Exchange Administrator in accordance with paragraph 7(b)(ii) above. Issuer agrees with the Exchange Administrator that if Issuer fails to appoint a successor within such period, the Exchange Administrator may petition a court of competent jurisdiction to appoint a new Exchange Administrator hereunder, and Issuer shall accept the appointment of that bank as the successor to the Exchange Administrator.
Conditions to Resignation and Termination. Subject to paragraph 11(b)(v) below, no resignation or termination of the Global Agent or the Exchange Administrator shall take effect until a new agent or exchange administrator has been appointed and has accepted such appointment and no resignation or termination of an agent shall take effect if there would not then be agents as required by the Terms of any Notes. The Issuer shall use its best efforts to appoint a new agent not later than 30 calendar days after (A) the Issuer's receipt of the notice of resignation delivered by the Global Agent or Exchange Administrator, as applicable, in accordance with paragraph 11(b)(ii) above or (ii) the delivery by the Issuer of notice of termination delivered to the Global Agent or Exchange Administrator, as applicable, in accordance with paragraph 11(b)(i) above. The Issuer agrees with the Global Agent that if the Issuer fails to appoint a successor within such period, the Global Agent may (i) select a bank to act as the new Global Agent hereunder or (B) petition a court of competent jurisdiction to appoint a successor Global Agent (with all costs associated with such petition to be paid by the Issuer) and the Issuer shall accept the appointment of such bank as the successor to the Global Agent. The Issuer agrees with the Exchange Administrator that if the Issuer fails to appoint a successor within such period, the Exchange Administrator may (i) select a bank to act as the new Exchange Administrator hereunder or (B) petition a court of competent jurisdiction to appoint a successor Exchange Administrator (with all costs associated with such petition to be paid by the Issuer) and the Issuer shall accept the appointment of such bank as the successor to the Exchange Administrator.
Conditions to Resignation and Termination. Subject to paragraph 7(b)(vi) below, no resignation or termination of the appointment of the Exchange Administrator shall take effect until a new exchange administrator has been appointed, and no resignation or termination of the appointment of an agent shall take effect if there would not then be agents as required by the Terms of any Notes. Issuer shall use its best efforts to appoint a new exchange administrator not later than 30 calendar days after Issuer's receipt of the notice of resignation delivered by the Exchange Administrator in accordance with paragraph 7(b)(ii) above. Issuer agrees with the Exchange Administrator that if Issuer fails to appoint a successor within such period, the Exchange Administrator may select a bank to act as the new Exchange Administrator hereunder, and Issuer shall accept the appointment of that bank as the successor to Exchange Administrator.
Conditions to Resignation and Termination. Notwithstanding the provisions of Clauses 23.1, 23.2 and 23.3, so long as any of the Notes are outstanding, the termination of the appointment of any Agent (whether by the Issuer or by the resignation of the Agent) shall not be effective unless upon the expiry of the relevant notice:
Conditions to Resignation and Termination. Subject to paragraph 9(b)(v) below, no resignation or termination of the Global Agent shall take effect until a new agent has been appointed and has accepted such appointment and no resignation or termination of an agent shall take effect if there would not then be agents as required by the Terms of any Notes. The Issuer shall use its best efforts to appoint a new agent not later than 30 calendar days after (A) the Issuer's receipt of the notice of resignation delivered by the Global Agent in accordance with paragraph 9(b)(ii) above or (ii) the delivery by the Issuer of notice of termination delivered to the Global Agent in accordance with paragraph 9(b)(i) above. The Issuer agrees with the Global Agent that if the Issuer fails to appoint a successor within such period, the Global Agent may (i) select a bank to act as the new Global Agent hereunder or (B) petition a court of competent jurisdiction to appoint a successor Global Agent (with all costs associated with such petition to be paid by the Issuer) and the Issuer shall accept the appointment of such bank as the successor to the Global Agent.
