Common use of Effect of Resignation, Revocation and Termination Clause in Contracts

Effect of Resignation, Revocation and Termination. Upon any resignation or revocation taking effect under Clause 12.1 or Clause 12.2 or any termination under Clause 12.3, the relevant Agent shall: (a) without prejudice to any accrued liabilities and obligations, be released and discharged from any further obligations under this Agreement (save that it shall remain entitled to the benefit of, and subject to, Clauses 10, 11 and 12) with respect to the relevant Series and/or Classes/es of Notes; (b) repay to the Issuer such part of any fee paid to it in accordance with Clause 10.1 as shall relate to any period thereafter; (c) deliver to the Issuer and to its Successor Agent a copy, certified as true and up-to-date by an officer of such Agent, of the records maintained by it pursuant to this Agreement; (d) forthwith transfer all monies and papers (including any unissued Definitive Notes held by it hereunder) to its successor in that capacity and provide reasonable assistance to its successor for the discharge by it of its duties and responsibilities hereunder; and (e) in the case of a Paying Agent, pay to the Successor Paying Agent any amount held by it for payment of principal or interest in respect of the relevant Notes.

Effect of Resignation, Revocation and Termination. Upon any resignation or revocation taking effect under Clause 12.1 or Clause 12.2 or any termination under Clause 12.3, the relevant Agent shall: (a) without prejudice to any accrued liabilities and obligations, be released and discharged from any further obligations under this Agreement (save that it shall remain entitled to the benefit of, and subject to, Clauses 10, 11 and 12) with respect to the relevant Series and/or and Classes (or Sub-Classes/es ) of Master Issuer Notes; (b) repay to the Master Issuer such part of any fee paid to it in accordance with Clause 10.1 as shall relate to any period thereafter; (c) deliver to the Master Issuer and to its Successor Agent a copy, certified as true and up-to-date by an officer of such Agent, of the records maintained by it pursuant to this Agreement; (d) forthwith transfer all monies and papers (including any unissued Definitive Notes held by it hereunder) to its successor in that capacity and provide reasonable assistance to its successor for the discharge by it of its duties and responsibilities hereunder; and (e) in the case of a Paying Agent, pay to the Successor Paying Agent any amount held by it for payment of principal or interest in respect of the relevant Master Issuer Notes.

Effect of Resignation, Revocation and Termination. Upon any resignation or revocation taking effect under Clause 12.1 or Clause 12.2 or any termination under Clause 12.3, the relevant Agent shall: (a) without prejudice to any accrued liabilities and obligations, be released and discharged from any further obligations under this Agreement (save that it shall remain entitled to the benefit of, and subject to, Clauses 10, 11 and 12) with respect to the relevant Series and/or Classes/es and Classes of Notes; (b) repay to the Master Issuer such part of any fee paid to it in accordance with Clause 10.1 as shall relate to any period thereafter; (c) deliver to the Master Issuer and to its Successor Agent a copy, certified as true and up-to-date by an officer of such Agent, of the records maintained by it pursuant to this Agreement; (d) forthwith transfer all monies and papers (including any unissued Definitive Notes held by it hereunder) to its successor in that capacity and provide reasonable assistance to its successor for the discharge by it of its duties and responsibilities hereunder; and (e) in the case of a Paying Agent, pay to the Successor Paying Agent any amount held by it for payment of principal or interest in respect of the relevant Notes.

Effect of Resignation, Revocation and Termination. Upon any resignation or revocation taking effect under Clause 12.1 or Clause 12.2 or any termination under Clause 12.3, the relevant Agent shall: (a) without prejudice to any accrued liabilities and obligations, be released and discharged from any further obligations under this Agreement (save that it shall remain entitled to the benefit of, and subject to, Clauses 10, 11 and 12) with respect to the relevant Series and/or and Classes (or Sub-Classes/es ) of Master Issuer Notes; (b) repay to the Master Issuer such part of any fee paid to it in accordance with Clause 10.1 as shall relate to any period thereafter; (c) deliver to the Master Issuer and to its Successor Agent a copy, certified as true and up-up- to-date by an officer of such Agent, of the records maintained by it pursuant to this Agreement; (d) forthwith transfer all monies and papers (including any unissued Definitive Notes held by it hereunder) to its successor in that capacity and provide reasonable assistance to its successor for the discharge by it of its duties and responsibilities hereunder; and (e) in the case of a Paying Agent, pay to the Successor Paying Agent any amount held by it for payment of principal or interest in respect of the relevant Master Issuer Notes.

Effect of Resignation, Revocation and Termination. Upon any resignation or revocation taking effect under Clause 12.1 or Clause 12.2 or any termination under Clause 12.3, the relevant Agent shall: (a) without prejudice to any accrued liabilities and obligations, be released and discharged from any further obligations under this Agreement (save that it shall remain entitled to the benefit of, and subject to, Clauses 10, 11 and 12) with respect to the relevant Series and/or and Classes (or Sub-Classes/es ) of Master Issuer Notes; (b) repay to the Master Issuer such part of any fee paid to it in accordance with Clause 10.1 as shall relate to any period thereafter; (c) deliver to the Master Issuer and to its Successor Agent a copy, certified as true and up-to-to- date by an officer of such Agent, of the records maintained by it pursuant to this Agreement; (d) forthwith transfer all monies and papers (including any unissued Definitive Notes held by it hereunder) to its successor in that capacity and provide reasonable assistance to its successor for the discharge by it of its duties and responsibilities hereunder; and (e) in the case of a Paying Agent, pay to the Successor Paying Agent any amount held by it for payment of principal or interest in respect of the relevant Master Issuer Notes.