Common use of Resignation of an Agent Clause in Contracts

Resignation of an Agent. (a) An Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Company provided that any successor to the Euro Swingline Agent shall act out of an office in a member state of the European Union whose currency is the euro or London, England and that any successor to the Dollar Swingline Agent shall act out of an office in New York.

Appears in 3 contracts

Samples: Credit Agreement (Koninklijke KPN N V), Credit Agreement (Koninklijke KPN N V), Agreement (Koninklijke KPN N V)

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Resignation of an Agent. (a) An Agent may resign and appoint one of its Affiliates as successor by giving notice to the Lenders and the Company provided that any successor to the Euro Swingline Agent shall act out of an office in a member state of the European Union whose currency is the euro or London, England and that any successor to the Dollar Swingline Agent shall act out of an office in New York.. Table of Contents

Appears in 1 contract

Samples: Syndicated Revolving Credit Agreement (Ibasis Inc)

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