Resignation of Guarantors. 6.2.1 The Issuer may request that a Guarantor ceases to be a Guarantor by delivering a Resignation Letter to the Security Agent, provided that the resignation of such Guarantor is permitted pursuant to the Secured Finance Document.
Resignation of Guarantors. On the Restructuring Implementation Date, Ocean Rig ASA, Ocean Rig Norway AS, Ocean Rig 1 AS, Ocean Rig 2 AS and Ocean Rig North Sea AS shall automatically cease to be Guarantors under this Agreement.
Resignation of Guarantors a) Subject to the terms of the Bond Terms and RCF Agreement, the Company may request that a Subsidiary ceases to be a Guarantor (each a "Resigning Guarantor") by delivering to the Security Agent a duly completed Resignation Letter.
Resignation of Guarantors
