Replacement of the Agent. 25.13.1 After consultation with the Borrower, the Majority Lenders may, by giving 30 days’ notice to the Agent replace the Agent by appointing a successor Agent.
Appears in 2 contracts
Samples: Loan Agreement, Facility Agreement (HC2 Holdings, Inc.)
Replacement of the Agent. 25.13.1 26.15.1 After consultation with the Borrower, the Majority Lenders may, by giving 30 days’ ' notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Bulkers Inc.), Scorpio Bulkers Inc.
Replacement of the Agent. 25.13.1 26.14.1 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ ' notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 2 contracts
Samples: Loan Agreement (Scorpio Tankers Inc.), Diana Containerships Inc.
Replacement of the Agent. 25.13.1 23.47 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ notice to the Agent replace the Agent by appointing a successor Agent.
Appears in 2 contracts
Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)
Replacement of the Agent. 25.13.1 32.49 After consultation with the Borrower, the Majority Lenders may, by giving 30 days’ notice to the Agent replace the Agent by appointing a successor Agent.
Appears in 2 contracts
Samples: www.lw.com, Teekay LNG Partners L.P.
Replacement of the Agent. 25.13.1 15.22.1 After consultation with the Borrower, the Majority Lenders may, by giving 30 thirty (30) days’ ' notice to the Agent replace the Agent by appointing a successor Agent.;
Appears in 1 contract
Samples: Third Supplemental Agreement (Genco Shipping & Trading LTD)
Replacement of the Agent. 25.13.1 26.14. After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ ' notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Replacement of the Agent. 25.13.1 After consultation with the Borrower, the Majority Lenders may, by giving 30 days’ ' notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Samples: Amending and Restating Agreement (DHT Holdings, Inc.)
Replacement of the Agent. 25.13.1 34.13.1 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ notice to the Agent replace the Agent by appointing a successor Agent.
Appears in 1 contract
Replacement of the Agent. 25.13.1 26.15.1 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ ' notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Replacement of the Agent. 25.13.1 26.14.3 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ ' notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Samples: Scorpio Tankers Inc.
Replacement of the Agent. 25.13.1 34.13.1 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ ' notice to the Agent, (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority Lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Samples: DryShips Inc.
Replacement of the Agent. 25.13.1 26.13.1 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Samples: Loan Agreement (DHT Holdings, Inc.)
Replacement of the Agent. 25.13.1 33.47 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ ' notice to the Agent replace the Agent by appointing a successor Agent.
Appears in 1 contract
Samples: Agreement (Globus Maritime LTD)
Replacement of the Agent. 25.13.1 25.14.1 After consultation with the BorrowerBorrowers, the Majority Lenders may, by giving 30 days’ notice to the Agent (or, at any time the Agent is an Impaired Agent, by giving any shorter notice determined by the Majority lenders) replace the Agent by appointing a successor Agent.
Appears in 1 contract
Samples: Secured Loan Agreement (Genco Shipping & Trading LTD)
