Common use of Resignation of Collateral Agent Clause in Contracts

Resignation of Collateral Agent. Subject to the appointment and acceptance of a successor Collateral Agent or Custodial Agent as provided below, (a) the Collateral Agent and the Custodial Agent may resign at any time by giving notice thereof to the Com-

Appears in 1 contract

Samples: Pledge Agreement (KBHC Financing I)

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Resignation of Collateral Agent. Subject to the appointment and acceptance of a successor Collateral Agent or Custodial Agent as provided below, (a) the Collateral Agent and the Custodial Agent may resign at any time by giving notice thereof to the Com-thereof

Appears in 1 contract

Samples: Pledge Agreement (Metlife Capital Trust I)

Resignation of Collateral Agent. Subject to the appointment and acceptance of a successor Collateral Agent or Custodial Agent as provided below, (a) the Collateral Agent and the Custodial Agent may resign at any time by giving notice thereof to the Com-Company and the Purchase Contract Agent as attorney-in-fact for the Holders of Securities, (b) the Collateral

Appears in 1 contract

Samples: Pledge Agreement (MCN Corp)

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Resignation of Collateral Agent. Subject to the appointment and acceptance of a successor Collateral Agent or Custodial Agent as provided below, (a) the Collateral Agent and the Custodial Agent may resign at any time by giving notice thereof to the Com-Company and the Purchase Contract Agent as attorney-

Appears in 1 contract

Samples: Pledge Agreement (MCN Financing Iv)

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