Common use of Removal and Fees Clause in Contracts

Removal and Fees. Administrative Agent, in consultation with the Required Lenders, may remove from time to time, any one or more of the Independent Consultants and appoint replacements as Administrative Agent, in consultation with the Required Lenders, may choose; provided such replacement is not a Prohibited Party. Notice of any replacement Independent Consultant shall be given by Administrative Agent to Borrower, the Lenders and to the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by Borrower pursuant to agreements reasonably acceptable to Borrower; provided, that no such acceptance shall be required at any time an Event of Default shall have occurred and be continuing.

Removal and Fees. Administrative Agent, in consultation with the Required Lenders, may remove from time to time, any one or more of the Independent Consultants and and, after consulting with Borrower as to an appropriate Person, appoint replacements as Administrative Agent, in consultation with the Required Lenders, may choose; provided such replacement is not a Prohibited Party. Notice of any replacement Independent Consultant shall be given by Administrative Agent to Borrower, the Lenders and to the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by Borrower pursuant to agreements reasonably acceptable to Borrower; provided, that no such acceptance shall be required at any time an Event of Default shall have occurred and be continuing.

Removal and Fees. Administrative Agent, in consultation with the Required Lendersits reasonable discretion, may remove from time to time, any one or more of the Independent Consultants and Administrative Agent may appoint replacements replacements, which, so long as Administrative Agentno Default or Event of Default shall have occurred and be continuing, in consultation with the Required Lenders, may choose; provided such replacement is not a Prohibited Partyshall be reasonably acceptable to Borrower. Notice of any replacement Independent Consultant shall be given by Administrative Agent to Borrower, the Lenders and to the Independent Consultant being replaced. All reasonable fees and expenses of the Independent Consultants (whether the original ones or replacements) shall be paid by Borrower pursuant to agreements reasonably acceptable to Borrower; provided, provided that no such acceptance shall be required at any time an Event of Default shall have occurred and be continuing.