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

Resignation of the Facility Agent or Security Agent. (a) The Facility Agent or the Security Agent may resign and appoint one of its Affiliates acting through an office in France as successor Facility Agent or, as the case may be, Security Agent by giving notice to the other Finance Parties and the Co-ordinator.

Appears in 2 contracts

Samples: Facility Agreement (Avis Budget Group, Inc.), Facility Agreement (Avis Budget Group, Inc.)

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Resignation of the Facility Agent or Security Agent. (a) The Facility Agent or the Security Agent may resign and appoint one of its Affiliates affiliates acting through an office in France Germany as successor Facility Agent or, as the case may be, Security Agent by giving notice to the other Finance Parties parties or, in the case of the Security Agent, to the Facility Agent on behalf of the Lenders, and to the Co-ordinatorBorrower.

Appears in 2 contracts

Samples: Transfer Agreement (First Solar, Inc.), Facility Agreement (First Solar, Inc.)

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