Common use of Resignation of Security Agent Clause in Contracts

Resignation of Security Agent. 32.11.1 The Security Agent may resign at any time and appoint one of its Affiliates acting through an office in the United Kingdom as its successor by giving notice to the other Secured Parties and the Borrower.

Appears in 1 contract

Samples: Multicurrency Facility Agreement (Gulfmark Offshore Inc)

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Resignation of Security Agent. 32.11.1 The Security Agent may resign at any time and appoint one of its Affiliates acting through an office in the United Kingdom as its successor by giving notice to the other Secured Parties Company and to the BorrowerFacility Agent on behalf of the Lenders.

Appears in 1 contract

Samples: Multipurpose Facilities Agreement (SunOpta Inc.)

Resignation of Security Agent. 32.11.1 (a) The Security Agent may resign at any time and appoint one of its Affiliates acting through an office in the United Kingdom as its successor by giving notice to the other Secured Parties and the Borrower.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Resignation of Security Agent. 32.11.1 (a) The Security Agent may resign at any time and appoint one of its Affiliates acting through an office in the United Kingdom as its successor by giving notice to the other Secured Parties Company and to the BorrowerFacility Agent on behalf of the Lenders.

Appears in 1 contract

Samples: Multipurpose Facilities Agreement (SunOpta Inc.)

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Resignation of Security Agent. 32.11.1 (a) The Security Agent may resign at any time and appoint one of its Affiliates acting through an office in the United Kingdom as its successor by giving notice to the other Secured Parties and (or to the BorrowerAgent on behalf of the Lenders).

Appears in 1 contract

Samples: Term Facility Agreement (CGG Veritas)

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