Common use of Replacement of Subordination Agent; Appointment of Successor Clause in Contracts

Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party hereto. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 35 contracts

Samples: Intercreditor Agreement (United Airlines, Inc.), Intercreditor Agreement (United Airlines, Inc.), Intercreditor Agreement (Sun Country Airlines Holdings, Inc.)

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Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretothe Trustees and the Liquidity Providers. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 21 contracts

Samples: Intercreditor Agreement (United Air Lines Inc), Intercreditor Agreement (Northwest Airlines Inc /Mn), Intercreditor Agreement (Continental Airlines Inc /De/)

Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretoTrustee, each Liquidity Provider and the Policy Provider. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 10 contracts

Samples: Intercreditor Agreement (Jetblue Airways Corp), Intercreditor Agreement (Jetblue Airways Corp), Intercreditor Agreement (Us Airways Inc)

Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretothe Trustees, the Liquidity Providers and the Policy Provider. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 3 contracts

Samples: Intercreditor Agreement (Continental Airlines Inc /De/), Intercreditor Agreement (Jetblue Airways Corp), Intercreditor Agreement (Continental Airlines Inc /De/)

Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretothe Trustees and the Liquidity Provider. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 1 contract

Samples: Intercreditor Agreement (Southwest Airlines Co)

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Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretoTrustee and each Liquidity Provider. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 1 contract

Samples: Intercreditor Agreement (Ata Holdings Corp)

Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretothe Trustees, the Policy Provider and the Liquidity Providers. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party shall remove the Subordination Agent if:

Appears in 1 contract

Samples: Intercreditor Agreement (Northwest Airlines Inc /Mn)

Replacement of Subordination Agent; Appointment of Successor. The Subordination Agent may resign at any time by so notifying each other party heretothe Trustees and the Liquidity Providers. The Controlling Party may remove the Subordination Agent for cause by so notifying the Subordination Agent and may appoint a successor Subordination Agent. The Controlling Party (or, prior to the occurrence of a Triggering Event, the Person who would be the Controlling Party if a Triggering Event had occurred) shall remove the Subordination Agent if:

Appears in 1 contract

Samples: Intercreditor Agreement (Midway Airlines Corp)

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