Common use of Resignation of the Facility Agent Clause in Contracts

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

Appears in 13 contracts

Samples: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International), Fifth Supplemental Agreement (MGM Resorts International)

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

Appears in 12 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

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

Appears in 6 contracts

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

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

Appears in 5 contracts

Samples: Credit Facility, Multicurrency Credit Facilities Agreement (Alfa Laval Special Finance Ab), Credit Facility (Vivendi Universal)

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

Appears in 5 contracts

Samples: Facility Agreement (Euroseas Ltd.), Term Loan Facility (Pyxis Tankers Inc.), Term Loan Facility Agreement (GDS Holdings LTD)

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

Appears in 3 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Centex Corp), Credit Facility Agreement (Shurgard Storage Centers Inc)

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

Appears in 3 contracts

Samples: Term Loan Facility (Navios Maritime Partners L.P.), Loan Agreement (Ardmore Shipping Corp), Term Loan Facility (Ardmore Shipping Corp)

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

Appears in 2 contracts

Samples: Term Loan Facility (Grindrod Shipping Holdings Ltd.), Term Loan Agreement (Ocean Rig UDW Inc.)

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

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement

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

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Metro International Sa), Credit Facility Agreement (PPL Corp)

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

Appears in 2 contracts

Samples: Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC), Multicurrency Revolving Facilities Agreement (PPL Energy Supply LLC)

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

Appears in 2 contracts

Samples: Finance Agreement, Credit Facilities Agreement (Imperial Tobacco Group PLC)

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

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (Kosmos Energy Ltd.), Loan Facility Agreement (Falconbridge LTD)

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

Appears in 1 contract

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

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

Appears in 1 contract

Samples: Facility Agreement (Genesis Lease LTD)

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint any one of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties and the CompanyBorrowers. (b) Alternatively, the Facility Agent may resign by giving 30 days’ notice to the other Finance Parties and the Borrowers, in which case the Majority Xxxxxxx may appoint a successor Facility Agent. ​

Appears in 1 contract

Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp)

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

Appears in 1 contract

Samples: Facility Agreement (GDS Holdings LTD)

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

Appears in 1 contract

Samples: Facility Agreement (Txu Corp /Tx/)

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

Appears in 1 contract

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

Resignation of the Facility Agent. (a) The Facility Agent may resign and appoint any of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties and the Company. (b) Alternatively, the Facility Agent may resign by giving notice to the Finance Parties and the Company, in which case the Majority Lenders may appoint a successor Facility Agent. (c) If no successor Facility Agent has been appointed under paragraph (b) above within 30 days after notice of resignation was given, the Facility Agent may appoint a successor Facility Agent.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Edizione Holding Spa)

Resignation of the Facility Agent. (a) 20.11.1 The Facility Agent may resign and appoint any one of its Affiliates as successor Facility Agent by giving notice to the other Finance Parties Lenders and the CompanyParent.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Autoliv Inc)

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

Appears in 1 contract

Samples: Credit Agreement (PPL Electric Utilities Corp)

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

Appears in 1 contract

Samples: Facility Agreement (Commercial Metals Co)

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

Appears in 1 contract

Samples: Senior Facilities Agreement (Sirona Dental Systems, Inc.)

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

Appears in 1 contract

Samples: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)

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 any one of its Affiliates as successor Facility Agent by giving notice to or, failing that, the other Finance Parties and the CompanyMajority Banks may appoint a Bank as successor Facility Agent.

Appears in 1 contract

Samples: Multicurrency Revolving Credit Facility (Securitas Ab)

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

Appears in 1 contract

Samples: Facilities Agreement (UTi WORLDWIDE INC)

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

Appears in 1 contract

Samples: Credit Facility Agreement (Aramark Corp/De)

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