Document Custodian Resignation Sample Clauses

Document Custodian Resignation. Upon the effective date of the Document Custodian’s resignation pursuant to Section 14.9, or if the Document Custodian is given written notice of an earlier termination hereof pursuant to Section 14.9, the Document Custodian shall (i) deliver all of the Related Contracts in the possession of Document Custodian to the successor Document Custodian, and (ii) be reimbursed for any costs and expenses Document Custodian shall incur in connection with the termination of its duties under this Agreement.
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Document Custodian Resignation. (a) The Document Custodian may resign and be discharged from its duties or obligations hereunder by giving not less than 90 days written notice thereof to the Administrative Agent and the Investment Manager. For the avoidance of doubt, the Document Custodian shall be entitled to receive, as and when such amounts are payable in accordance with this Agreement, any fees accrued through the effective date of its resignation pursuant to and in accordance with this Section 14.7. Notwithstanding anything herein to the contrary, the Document Xxxxxxxxx may not resign prior to a successor Document Xxxxxxxxx being appointed. For the avoidance of doubt, any Collateral Custodian Fee shall be payable to the Document Custodian so resigning until such time as a successor Document Custodian shall have been appointed. Upon receipt of any such notice pursuant to this Section 14.7, the Administrative Agent will provide notification to the Lenders with respect thereto.
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