Common use of Resignation and Appointment of Successor Agent Clause in Contracts

Resignation and Appointment of Successor Agent. Agent may resign at any time by giving thirty (30) days' prior written notice thereof to Lenders and Borrower; provided, however, that the retiring Agent shall continue to serve until a successor Agent shall have been selected and approved pursuant to this Section 9.

Appears in 7 contracts

Samples: Warehousing Credit Agreement (PLM International Inc), Warehousing Credit Agreement (PLM International Inc), Warehousing Credit Agreement (PLM International Inc)

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Resignation and Appointment of Successor Agent. Agent may resign at any time by giving thirty (30) days' prior written notice thereof to Lenders and BorrowerBorrowers; provided, however, that the retiring Agent shall continue to serve until a successor Agent shall have been selected and approved pursuant to this Section 9.

Appears in 6 contracts

Samples: Warehousing Credit Agreement (PLM Equipment Growth Fund Vi), Warehousing Credit Agreement (Professional Lease Management Income Fund I LLC), Warehousing Credit Agreement (Professional Lease Management Income Fund I LLC)

Resignation and Appointment of Successor Agent. Agent may resign at any time by giving thirty (30) days' prior written notice thereof to Lenders Holders and Borrower; provided, however, that the retiring Agent shall continue to serve until a successor Agent shall have been selected and approved pursuant to this Section 92.

Appears in 1 contract

Samples: Security Agreement (Ebiz Enterprises Inc)

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Resignation and Appointment of Successor Agent. Agent may resign at any time by giving thirty (30) days' prior written notice thereof to Lenders and Borrower; provided, however, that the retiring Agent shall continue to serve until a successor Agent shall have been selected and approved pursuant to this Section 9SECTION 10.

Appears in 1 contract

Samples: Loan and Security Agreement (Webvan Group Inc)

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