Common use of Resignation of the Facility Agent Clause in Contracts

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrowers.

Appears in 29 contracts

Samples: Agreement (Global Ship Lease, Inc.), Facility Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

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Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 24 contracts

Samples: Agreement (Smith & Nephew PLC), Agreement (Smith & Nephew PLC), Agreement (PPL Corp)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 15 contracts

Samples: Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC), Term Facilities Agreement (Xstrata PLC)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 12 contracts

Samples: Facility Agreement (Okeanis Eco Tankers Corp.), Assignment Agreement (Euroseas Ltd.), Assignment Agreement (Grindrod Shipping Holdings Ltd.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 10 contracts

Samples: And Restatement Agreement (Liberty Global PLC), Amendment and Restatement Agreement (Liberty Global PLC), And Restatement Agreement (Liberty Global PLC)

Resignation of the Facility Agent. (aA) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 8 contracts

Samples: Agreement (Kosmos Energy Ltd.), Kosmos Energy Ltd., Credit Facility Agreement (Kosmos Energy Ltd.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving 30 days’ notice to the other Finance Parties and the BorrowersOwner.

Appears in 6 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (DryShips Inc.), Agreement (DryShips Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersBorrower.

Appears in 6 contracts

Samples: Senior Facilities Agreement (OneSmart International Education Group LTD), Facility Agreement (Global Ship Lease, Inc.), Facilities Agreement (RISE Education Cayman LTD)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving written notice to the other Finance Parties Lenders and the BorrowersBorrower, in which case the Majority Lenders shall appoint a successor facility agent of which the Borrower approves, such approval not to be unreasonably withheld or delayed.

Appears in 5 contracts

Samples: Credit Agreement (Seaspan CORP), Agreement (Seaspan CORP), Agreement (Seaspan CORP)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 4 contracts

Samples: Facility Agreement (Coca-Cola HBC AG), Bridge Facility Agreement (Coca-Cola HBC AG), Facility Agreement (Coca-Cola HBC AG)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrowers.Borrower; alternatively the Facility Agent may resign by giving notice to the other Finance Parties and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Facility Agent;

Appears in 4 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties Lenders and the BorrowersParent.

Appears in 4 contracts

Samples: Facilities Agreement (Iron Mountain Inc), Agreement (Groupe Eurotunnel SA), Agreement (Groupe Eurotunnel SA)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates affiliates acting through an office in Hong Kong as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 3 contracts

Samples: Facility Agreement (China Security & Surveillance Technology, Inc.), Agreement (China Security & Surveillance Technology, Inc.), Agreement (China Security & Surveillance Technology, Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 3 contracts

Samples: Assignment Agreement (Taylor Maritime Investments LTD), Assignment Agreement (Ocean Rig UDW Inc.), Assignment Agreement (DryShips Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 3 contracts

Samples: www.sec.gov, Agreement (Shurgard Storage Centers Inc), Agreement (Centex Corp)

Resignation of the Facility Agent. (a) 10.1 The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 3 contracts

Samples: Credit Agreement (Intrepid Aviation LTD), Loan Assignment Agreement (Intrepid Aviation LTD), Credit Agreement (Intrepid Aviation LTD)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersObligors’ Agent.

Appears in 3 contracts

Samples: Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD), Facility Agreement (GDS Holdings LTD)

Resignation of the Facility Agent. (a) 23.13.1 The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 3 contracts

Samples: Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC), Amendment and Restatement Agreement (PPL Energy Supply LLC)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties and the BorrowersParent.

Appears in 3 contracts

Samples: Agreement, Agreement (Eros International PLC), Facilities Agreement (Eros International PLC)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 2 contracts

Samples: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the other Finance Parties and the Borrowers.

Appears in 2 contracts

Samples: Facility Agreement (United Maritime Corp), Facility Agreement (United Maritime Corp)

Resignation of the Facility Agent. (a) The Facility Agent may (after consultation with the Company) resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 2 contracts

Samples: Facilities Agreement (NDS Group PLC), Mezzanine Facility Agreement (NDS Group PLC)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in Hong Kong or Singapore as successor by giving notice to the other Finance Parties and the BorrowersAdministrative Borrower.

Appears in 2 contracts

Samples: Syndicated Facility Agreement (Equinix Inc), Facility Agreement (Equinix Inc)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Parties, IADB, DFC and the BorrowersBorrower.

Appears in 2 contracts

Samples: Facility Agreement, ire.finanzas.gob.ec

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties and the Borrowers.

Appears in 2 contracts

Samples: Assignment Agreement (Dorian LPG Ltd.), Assignment Agreement (Dorian LPG Ltd.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersBorrower.

Appears in 2 contracts

Samples: Agreement (PPL Corp), Intercreditor Agreement (Metro International Sa)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as a successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersObligors’ Agent.

Appears in 2 contracts

Samples: Agreement, Agreement (Imperial Tobacco Group PLC)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving thirty (30) days prior written notice to the other Finance Parties Lenders, the Hedging Banks, the Security Agent, the K-sure Agent and the BorrowersBorrower.

Appears in 2 contracts

Samples: Agreement (Hoegh LNG Partners LP), Hoegh LNG Partners LP

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving 30 days' notice to the other Finance Parties and the BorrowersOwner.

Appears in 2 contracts

Samples: Agreement (Ocean Rig UDW Inc.), Agreement (Ocean Rig UDW Inc.)

Resignation of the Facility Agent. (a) 24.10.1 The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 1 contract

Samples: Agreement (Genesis Lease LTD)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in Greece as successor by giving notice to the other Finance Parties and the Borrowers.

Appears in 1 contract

Samples: Facility Agreement (Navios South American Logistics Inc.)

Resignation of the Facility Agent. (a) 30.32 The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrowers.Borrower. 955371732 173

Appears in 1 contract

Samples: Agreement (SSR Mining Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving at least 15 Business Day’s prior written notice to the other Finance Parties and the BorrowersObligors.

Appears in 1 contract

Samples: Facility Agreement (Sigma Aldrich Corp)

Resignation of the Facility Agent. (a) The Notwithstanding its irrevocable appointment, the Facility Agent may resign by giving notice to the Banks and the Company, in which case the Facility Agent may forthwith appoint one of its Affiliates as successor by giving notice to Facility Agent or, failing that, the other Finance Parties and the BorrowersMajority Banks may appoint a Bank as successor Facility Agent.

Appears in 1 contract

Samples: Facility Agreement (Securitas Ab)

Resignation of the Facility Agent. (a) The Facility Agent AGENT may resign and appoint name as its successor one of its Affiliates as successor by giving notice to upon notifying the other Finance Parties and the BorrowersParties.

Appears in 1 contract

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

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as a successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersObligors' Agent.

Appears in 1 contract

Samples: Credit Facility Agreement (Terex Corp)

Resignation of the Facility Agent. (a) 24.11.1 The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 1 contract

Samples: Agreement (Commercial Metals Co)

Resignation of the Facility Agent. (aeeeeeee) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 1 contract

Samples: Agreement (PPL Electric Utilities Corp)

Resignation of the Facility Agent. (a) The Notwithstanding its irrevocable appointment, the Facility Agent may resign by giving notice to the Banks and the Borrower, in which case the Facility Agent may forthwith appoint one of its Affiliates as successor by giving notice to Facility Agent or, failing that, the other Finance Parties and the BorrowersMajority Banks may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Agreement (Schneider Electric Sa)

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Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice not less than 10 Business Days to the other Finance Parties and the BorrowersCompany.

Appears in 1 contract

Samples: Senior Facilities Agreement (Nordic Telephone CO ApS)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving written notice to the other Finance Parties Lenders and the BorrowersObligors, in which case the Majority Lenders shall appoint a successor facility agent of which the Obligors approve, such approval not to be unreasonably withheld or delayed.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Resignation of the Facility Agent. (a) 21.13.1 The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 1 contract

Samples: PPL Energy Supply LLC

Resignation of the Facility Agent. (a) The Facility Agent may may, after consultation with the Obligors’ Agent, resign and appoint one of its Affiliates acting through an office in the European Union being a reputable bank or other financial institution experienced in multi-jurisdictional transactions of this type as successor by giving notice to the other Finance Parties Lenders and the BorrowersObligors’ Agent.

Appears in 1 contract

Samples: Senior Facilities Agreement (Toys R Us Inc)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower, in which case the Majority Lenders (after prior consent of the Borrower (not to be unreasonably withheld)) may appoint a successor Facility Agent from among the Lenders.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Visteon Corp)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in The Netherlands as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 1 contract

Samples: Multipurpose Facilities Agreement (SunOpta Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates affiliates acting through an office in the European Union as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 1 contract

Samples: Facility Agreement (Cemex Sab De Cv)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the place where it located as successor by giving thirty (30) days’ written notice to the other Finance Parties and the BorrowersBorrower.

Appears in 1 contract

Samples: Facility Agreement (Lamb Weston Holdings, Inc.)

Resignation of the Facility Agent. (a) 18.10.1 The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.

Appears in 1 contract

Samples: Facility Agreement (Atlas Air Worldwide Holdings Inc)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersABB provided that such successor shall act out of an office in London.

Appears in 1 contract

Samples: November 2003 (Abb LTD)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the European Union as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 1 contract

Samples: Facilities Agreement (Cemex Sab De Cv)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in London as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 1 contract

Samples: Secured Facility Agreement (SBS Broadcasting S A)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving written notice to the other Finance Parties Lenders and the Borrowers, in which case the Majority Lenders shall appoint a successor facility agent of which the Borrowers approve, such approval not to be unreasonably withheld or delayed.

Appears in 1 contract

Samples: Agreement (Seaspan CORP)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties and the BorrowersOriginal Borrower.

Appears in 1 contract

Samples: Agreement (Aramark Corp/De)

Resignation of the Facility Agent. (a) 17.13.1 The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the BorrowersOriginal Borrower.

Appears in 1 contract

Samples: Conformed Copy (Txu Corp /Tx/)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in London as successor by giving notice to the other Finance Parties Lenders and the BorrowersCompany.

Appears in 1 contract

Samples: Senior Facilities Agreement (Central European Distribution Corp)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Parties, the Company and the BorrowersGuarantor.

Appears in 1 contract

Samples: Agreement (Bausch & Lomb Inc)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrowers.. 139

Appears in 1 contract

Samples: And Restatement Agreement (Ardmore Shipping Corp)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Facility Agent from among the Lenders.

Appears in 1 contract

Samples: Senior Facilities Agreement (Net 1 Ueps Technologies Inc)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice not less than 10 Business Days to the other Finance Parties and the Borrowers.Company. 191

Appears in 1 contract

Samples: Agreement (Nordic Telephone CO ApS)

Resignation of the Facility Agent. (a1) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower, in which case the Majority Lenders (in consultation with the Borrower) may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Agreement (Central European Distribution Corp)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersParent.

Appears in 1 contract

Samples: Facility Agreement (Global Ship Lease, Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the Kingdom of the Netherlands as successor by giving notice to the other Finance Parties and the BorrowersCompany.

Appears in 1 contract

Samples: Agreement (SunOpta Inc.)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties and the BorrowersAccount Party.

Appears in 1 contract

Samples: Restatement Agreement (Hanover Insurance Group, Inc.)

Resignation of the Facility Agent. (a) 27.10.1 The Facility Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the other Finance Parties and the Borrowers.

Appears in 1 contract

Samples: Facilities Agreement (UTi WORLDWIDE INC)

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