Resignation by Agent. (a) The Agent may resign at any time by giving notice to Transferor and the Purchasers. Such resignation shall take effect upon the appointment of a successor Agent pursuant to subsections (b) and (c) below or as otherwise provided below.
Appears in 3 contracts
Samples: Certificate Purchase Agreement (International Comfort Products Corp), Certificate Purchase Agreement (Avondale Inc), Certificate Purchase Agreement (International Comfort Products Corp)
Resignation by Agent. (a) The Agent may resign from the performance of all its functions and duties hereunder at any time by giving 30 days' prior written notice to Transferor the Borrower and each of the PurchasersBanks and Issuing Banks. Such resignation shall take effect upon the appointment of acceptance by a successor Agent of appointment pursuant to subsections clauses (b) and (c) below or as otherwise provided below.
Appears in 2 contracts
Samples: Loan Agreement (Wellman Inc), Loan Agreement (Wellman Inc)
Resignation by Agent. (a) The Agent may resign at any time by giving notice to Transferor Issuer and the Purchasers. Such resignation shall take effect upon the appointment of a successor Agent pursuant to subsections (b) and (c) below or as otherwise provided below.
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Resignation by Agent. (aA) The Agent may resign from the performance of all its functions and duties hereunder at any time by giving 30 Business Days' prior written notice to Transferor the Borrower and the PurchasersBanks. Such resignation shall take effect upon the appointment of acceptance by a successor Agent of appointment pursuant to subsections (b) B and (c) C below or as otherwise provided below.
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Resignation by Agent. (aA) The Agent may resign from the performance of all its functions and duties hereunder at any time by giving 15 Business Days' prior written notice to Transferor ATel and the PurchasersBanks. Such resignation shall take effect upon the appointment of acceptance by a successor Agent of appointment pursuant to subsections (b) B and (c) C below or as otherwise provided below.
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Samples: Securities Pledge Agreement (American Telecasting Inc/De/)