Common use of Replacement of the Agent Clause in Contracts

Replacement of the Agent. After consultation with the Borrowers, 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 5 contracts

Samples: Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC), Fourth Supplemental Agreement to Secured Loan Agreement (TORM PLC)

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Replacement of the Agent. (a) After consultation with the BorrowersCompany, 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 lendersLenders) replace the Agent by appointing a successor Agent.Agent (acting through an office in the United Kingdom or the Netherlands), require it to resign in accordance with Clause 27.11 (

Appears in 3 contracts

Samples: Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.), Facility Agreement (InterXion Holding N.V.)

Replacement of the Agent. After consultation with the BorrowersBorrower, 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: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

Replacement of the Agent. After consultation with the Borrowers, 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: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

Replacement of the Agent. After consultation with the BorrowersBorrower, 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 lendersLenders) replace the Agent by appointing a successor AgentAgent (acting through an office in Hong Kong or Macau).

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Melco Resorts & Entertainment LTD), Amendment and Restatement Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

Replacement of the Agent. After consultation with the BorrowersCompany, 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 lendersLenders) replace the Agent by appointing a successor Agent.Agent acting through an office in Germany, Luxembourg, Switzerland, the United Kingdom or the U.S.

Appears in 1 contract

Samples: Syndicated Loan Agreement (Hillenbrand, Inc.)

Replacement of the Agent. After consultation with the BorrowersCompany, 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 lendersLenders) replace the Agent by appointing a successor Agent.

Appears in 1 contract

Samples: Facilities Agreement (New Frontier Public Holding Ltd.)

Replacement of the Agent. 13.1 After consultation with the Borrowers, 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 (TORM PLC)

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Replacement of the Agent. After consultation with the BorrowersBorrower, 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 lendersLenders) replace the Agent by appointing a successor AgentAgent (acting through an office in the United Kingdom).

Appears in 1 contract

Samples: Senior Secured Bridge Facility Agreement (Ugi Corp /Pa/)

Replacement of the Agent. (a) After consultation with the BorrowersBorrower, 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: Senior Secured Sustainability Linked Amortising Term Loan Facility (COOL Co LTD.)

Replacement of the Agent. After consultation with the Borrowers, 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: Facility Agreement (Globus Maritime LTD)

Replacement of the Agent. After consultation with the BorrowersCompany, 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 lendersLenders) replace the Agent by appointing a successor Agent.

Appears in 1 contract

Samples: Facilities Agreement (New Frontier Health Corp)

Replacement of the Agent. (a) After consultation with the Borrowers, 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 lendersXxxxxxx) replace the Agent by appointing a successor Agent.

Appears in 1 contract

Samples: Senior Secured Credit Facility Agreement (Borr Drilling LTD)

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