Common use of Issuing Bank and Swingline Lender Clause in Contracts

Issuing Bank and Swingline Lender. Any resignation or removal by JPMorgan Chase Bank, N.A. as Administrative Agent pursuant to this Section 8.06 shall also constitute its resignation as an Issuing Bank and as Swingline Lender. If JPMorgan Chase Bank, N.A. resigns as an Issuing Bank, it shall retain all the rights, powers, privileges and duties of an Issuing Bank hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an Issuing Bank and all LC Exposure with respect thereto, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in unreimbursed LC Disbursements pursuant to Section 2.05. If JPMorgan Chase Bank, N.A. resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04. Upon the appointment by the Borrower of any successor Issuing Bank or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Bank or Swingline Lender, as applicable, (ii) the retiring Issuing Bank and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (iii) the successor Issuing Bank shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements reasonably satisfactory to JPMorgan Chase Bank, N.A. to effectively assume the obligations of JPMorgan Chase Bank, N.A. with respect to such Letters of Credit.

Issuing Bank and Swingline Lender. Any resignation or removal by JPMorgan Chase Bank, N.A. Bank of America as Administrative Agent pursuant to this Section 8.06 shall also constitute its resignation as an Issuing Bank and as Swingline Lender. If JPMorgan Chase Bank, N.A. Bank of America resigns as an Issuing Bank, it shall retain all the rights, powers, privileges and duties of an 77 the Issuing Bank hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an Issuing Bank and all LC L/C Exposure with respect thereto, including the right to require the Revolving Lenders to make ABR Loans Base Rate Advances or fund risk participations in unreimbursed LC Disbursements Letter of Credit Advances pursuant to Section 2.052.16(c). If JPMorgan Chase Bank, N.A. Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans Advances made by it and outstanding as of the effective date of such resignation, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in outstanding Swingline Loans Advances pursuant to Section 2.042.04(c). Upon the appointment by the Borrower Borrowers of any a successor Issuing Bank or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Bank or Swingline Lender, as applicable, (ii) the retiring Issuing Bank and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (iii) the successor Issuing Bank shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements reasonably satisfactory to JPMorgan Chase Bank, N.A. Bank of America to effectively assume the obligations of JPMorgan Chase Bank, N.A. Bank of America with respect to such Letters of Credit.

Issuing Bank and Swingline Lender. Any resignation or removal by JPMorgan Chase Bank, N.A. Bank of America as Administrative Agent pursuant to this Section 8.06 shall also constitute its resignation as an Issuing Bank and as Swingline Lender. If JPMorgan Chase Bank, N.A. Bank of America resigns as an Issuing Bank, it shall retain all the rights, powers, privileges and duties of an the Issuing Bank hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an Issuing Bank and all LC L/C Exposure with respect thereto, including the right to require the Revolving Lenders to make ABR Loans Base Rate Advances or fund risk participations in unreimbursed LC Disbursements Letter of Credit Advances pursuant to Section 2.052.16(c). If JPMorgan Chase Bank, N.A. Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans Advances made by it and outstanding as of the effective date of such resignation, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in outstanding Swingline Loans Advances pursuant to Section 2.042.04(c). Upon the appointment by the Borrower Borrowers of any a successor Issuing Bank or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Bank or Swingline Lender, as applicable, (ii) the retiring Issuing Bank and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (iii) the successor Issuing Bank shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make NAI-1502274953v9 other arrangements reasonably satisfactory to JPMorgan Chase Bank, N.A. Bank of America to effectively assume the obligations of JPMorgan Chase Bank, N.A. Bank of America with respect to such Letters of Credit.

Issuing Bank and Swingline Lender. Any resignation or removal by JPMorgan Chase Bank, N.A. Bank of America as Administrative Agent pursuant to this Section 8.06 shall also constitute its resignation as an Issuing Bank and as Swingline Lender. If JPMorgan Chase Bank, N.A. Bank of America resigns as an Issuing Bank, it shall retain all the rights, powers, privileges and duties of an the Issuing Bank hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an Issuing Bank and all LC L/C Exposure with respect thereto, including the right to require the Revolving Lenders to make ABR Loans Base Rate Advances or fund risk participations in unreimbursed LC Disbursements Letter of Credit Advances pursuant to Section 2.052.16(c). If JPMorgan Chase Bank, N.A. Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans Advances made by it and outstanding as of the effective date of such resignation, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in outstanding Swingline Loans Advances pursuant to Section 2.042.04(c). Upon the appointment by the Borrower Borrowers of any a successor Issuing Bank or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Bank or Swingline Lender, as applicable, (ii) the retiring Issuing Bank and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (iii) the successor Issuing Bank shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements reasonably satisfactory to JPMorgan Chase Bank, N.A. Bank of America to effectively assume the obligations of JPMorgan Chase Bank, N.A. Bank of America with respect to such Letters of Credit.

Issuing Bank and Swingline Lender. Any resignation or removal by JPMorgan Chase Bank, N.A. Bank of America as Administrative Agent pursuant to this Section 8.06 shall also constitute its resignation as an Issuing Bank and as Swingline Lender. If JPMorgan Chase Bank, N.A. Bank of America resigns as an Issuing Bank, it shall retain all the rights, powers, privileges and duties of an Issuing Bank hereunder with respect to all Letters of Credit outstanding as of the effective date of its resignation as an Issuing Bank and all LC Exposure with respect thereto, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in unreimbursed LC Disbursements pursuant to Section 2.05. If JPMorgan Chase Bank, N.A. Bank of America resigns as Swingline Lender, it shall retain all the rights of the Swingline Lender provided for hereunder with respect to Swingline Loans made by it and outstanding as of the effective date of such resignation, including the right to require the Revolving Lenders to make ABR Loans or fund risk participations in outstanding Swingline Loans pursuant to Section 2.04. Upon the appointment by the Borrower of any successor Issuing Bank or Swingline Lender hereunder (which successor shall in all cases be a Lender other than a Defaulting Lender), (i) such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring Issuing Bank or Swingline Lender, as applicable, (ii) the retiring Issuing Bank and Swingline Lender shall be discharged from all of their respective duties and obligations hereunder or under the other Loan Documents, and (iii) the successor Issuing Bank shall issue letters of credit in substitution for the Letters of Credit, if any, outstanding at the time of such succession or make other arrangements reasonably satisfactory to JPMorgan Chase Bank, N.A. Bank of America to effectively assume the obligations of JPMorgan Chase Bank, N.A. Bank of America with respect to such Letters of Credit.