Disbursement Agent. The Disbursement Agent may be removed by the Issuers. The removal of the Disbursement Agent and appointment of a successor Disbursement Agent shall become effective only upon the successor Disbursement Agent’s acceptance of appointment as provided in this Section 14.1.
Appears in 2 contracts
Samples: Collateral and Disbursement Agreement (Peninsula Gaming, LLC), Collateral and Disbursement Agreement (Peninsula Gaming, LLC)
Disbursement Agent. The Disbursement Agent may be removed by the IssuersIssuer or may resign hereunder with the prior approval of the Issuer and the Trustee. The A resignation or removal of the Disbursement Agent and appointment of a successor Disbursement Agent shall become effective only upon the successor Disbursement Agent’s acceptance of appointment as provided in this Section 14.112.1.
Appears in 1 contract
Samples: Disbursement Agreement (Idleaire Technologies Corp)
Disbursement Agent. The Disbursement Agent may be removed by the Issuers or may resign hereunder with the prior approval of the Issuers. The A resignation or removal of the Disbursement Agent and appointment of a successor Disbursement Agent shall become effective only upon the successor Disbursement Agent’s acceptance of appointment as provided in this Section 14.1.
Appears in 1 contract
Samples: Collateral and Disbursement Agreement (155 East Tropicana, LLC)