Common use of Resignation of the Common Security Agent Clause in Contracts

Resignation of the Common Security Agent. (a) The Common Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the Primary Creditors and the Parent.

Appears in 5 contracts

Samples: Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD), Intercreditor Agreement (Melco Resorts & Entertainment LTD), Intercreditor Agreement (STUDIO CITY INTERNATIONAL HOLDINGS LTD)

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Resignation of the Common Security Agent. (a) The Common Security Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom or the European Union as successor successor, in each case, by giving notice to the Primary Creditors and the Parent.

Appears in 2 contracts

Samples: Intercreditor Agreement (Selina Hospitality PLC), Intercreditor Agreement (Oatly Group AB)

Resignation of the Common Security Agent. (a) The Common Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the Primary Secured Creditors and the ParentCompany.

Appears in 2 contracts

Samples: Intercreditor Agreement, Intercreditor Agreement

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Resignation of the Common Security Agent. (a) The Common Security Agent may resign and appoint one of its Affiliates Affiliates, acting through an office in the UK, as successor Common Security Agent by giving notice to the Primary Creditors and the ParentParties.

Appears in 1 contract

Samples: Intercreditor Agreement

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