Common use of Resignation of Agents Clause in Contracts

Resignation of Agents. (a) An Agent may resign and appoint one of its Affiliates acting through an office in Sweden as successor by giving notice to the other Agents, the Hedge Counterparties and the Company. (b) Alternatively an Agent may resign by giving notice to the other Agents, the Hedge Counterparties and the Company, in which case the other Agents (after consultation with the Company) may appoint a successor Agent.

Resignation of Agents. ‌ (a) An Agent may xxx resign and appoint one of its Affiliates acting through an office in Sweden as successor by giving notice to the other AgentsRepresentatives, the Hedge Counterparties Counterparty and the CompanyIssuer. (b) Alternatively If an Agent may resign by giving notice to insolvency event occurs in respect of the other AgentsSecurity Agent, the Hedge Counterparties Security Agent shall be deemed to have resigned and the Company, in which case the other Agents (after consultation with the Company) may appoint a successor AgentSecurity Agent shall be appointed in accordance with this Clause 24.6.

Resignation of Agents. (a) An Agent may resign and appoint one of its Affiliates acting through an office in Sweden as successor by giving notice to the other AgentsRepresentatives, the Hedge Counterparties and the CompanyIssuer. (b) Alternatively an Agent may resign by giving notice to the other Agents, the Hedge Counterparties and the Company, in which case the other Agents (after consultation with the Company) may appoint a successor Agent.

Resignation of Agents. (a) An Agent may resign and appoint one of its Affiliates acting through an office in Sweden as successor by giving notice to the other AgentsRepresentatives, the Hedge Counterparties Counterparty and the CompanyIssuer. (b) Alternatively If an Agent may resign by giving notice to insolvency event occurs in respect of the other AgentsSecurity Agent, the Hedge Counterparties Security Agent shall be deemed to have resigned and the Company, in which case the other Agents (after consultation with the Company) may appoint a successor AgentSecurity Agent shall be appointed in accordance with this Clause 24.6.