Resignation of Resigning Agent. On the Effective Date (as defined in Section 14) and without any further act or deed on the part of the Resigning Agent, any of the parties to the Credit Agreement, the Requisite Lenders or any other Person, the Resigning Agent shall be discharged from its duties and obligations as Administrative Agent under the Credit Agreement and the other Loan Documents, other than its duties and obligations under Section 12.9 of the Credit Agreement; provided, that the provisions of Article XI and Sections 12.2 and 12.10 of the Credit Agreement (as they exist on the date hereof and without giving effect to any amendment, waiver or other future modification thereto that is in any manner adverse to the Resigning Agent or its Affiliates) shall continue in effect for the benefit of the Resigning Agent, its sub-agents and their respective Affiliates in respect of any actions taken or omitted to be taken by any of them while the Resigning Agent was acting as Administrative Agent under the Credit Agreement and the other Loan Documents.
Resignation of Resigning Agent. The Resigning Agent, with the consent of each of the other parties to this Amendment, hereby resigns as Administrative Agent under the Prior Credit Agreement and is hereby discharged from all duties and obligations as Administrative Agent under the Prior Credit Agreement and the other Loan Documents (including this Amendment, the Credit Agreement and any other Loan Documents), except as provided in this Section 1 or as otherwise expressly stated in any Loan Document as surviving such resignation. For the avoidance of doubt, as of the First Amendment Effective Date, no additional amounts shall be due and payable to the Resigning Agent under the Xxxxx Fargo Fee Letter (as defined in the Prior Credit Agreement) or any other Loan Document in its capacity as “Administrative Agent” under the Prior Credit Agreement, except as provided in this Section 1 or as otherwise expressly stated in such Loan Document as surviving such resignation.
Resignation of Resigning Agent. The Resigning Agent, with the consent of each of the other parties to this Agreement, hereby resigns as administrative agent and as collateral agent under the Prior Credit Facility and is hereby discharged from all duties and obligations as administrative agent and as collateral agent under the Prior Credit Facility and the other Loan Documents (including this Agreement), except as provided in this Section 10.17. For the avoidance of doubt, as of the Closing Date, no additional amounts shall be due and payable to the Resigning Agent under the Fee Letter (as defined in the Prior Credit Facility) or any other Loan Document in its capacity as “Administrative Agent” or as “Collateral Agent” under the Prior Credit Facility, except as provided in this Section 10.17 or as otherwise expressly stated in such Loan Document as surviving such resignation.
Resignation of Resigning Agent. Simultaneously with the effectiveness of this Agreement, Deutsche Bank Trust Company Americas (the “Resigning Agent”) hereby resigns as “Administrative Agent” and “Collateral Agent” under and as defined in the Existing Credit Agreement and the other “Loan Documents” (as defined in the Existing Credit Agreement). The Lenders hereby acknowledge the resignation of Deutsche Bank Trust Company Americas as the “Administrative Agent” and “Collateral Agent” under and as defined in the Existing Credit Agreement and the other Loan Documents and the appointment of the successor Administrative Agent pursuant to clause (b) below.
Resignation of Resigning Agent. Notwithstanding the method of resignation of the “Agent” under the Loan Agreement that is set forth in Section 16.9 of the Loan Agreement, WFCF hereby resigns as “Agent” under the Loan Agreement effective as of the effectiveness of this Agreement, and the parties hereto consent to such resignation.
Resignation of Resigning Agent. Pursuant to Section 8.06 of the Credit Agreement, JPMCB will resign as Administrative Agent under the Credit Agreement effective on the Retirement Date. On the Retirement Date, the Resigning Agent’s authority, property, rights, powers, privileges and immunities vested in, and all the duties and obligations (provided, that the Resigning Agent shall retain all authority, property, rights, powers, privileges and immunities expressly provided herein or that otherwise survive in accordance with the express terms of the Loan Documents, including, without limitation, the Protective Provisions (as defined below)) of, JPMCB in its capacity as Administrative Agent under the Credit Agreement and the other Loan Documents to which it is a party, shall be terminated, without any further act, notice or deed on the part of the Resigning Agent, any of the parties to the Loan Documents or the Required Lenders; provided, however, that the Resigning Agent shall, from time to time on or after the Retirement Date at the expense of the Borrowers, promptly execute and deliver such further instruments and do such other things reasonably requested by the Borrowers or the Successor Agent to vest and confirm in the Successor Agent all of the rights, powers and duties hereby assigned. Each Borrower and each Lender party hereto, which constitute the Required Lenders under the Credit Agreement, hereby waives any prior notice requirement under Section 8.06 of the Credit Agreement.
Resignation of Resigning Agent
