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

Resignation of the Security and Intercreditor Agent. (A) The Security and Intercreditor Agent may resign and appoint one of its affiliates as successor by giving notice to the Company and the Lenders. (B) Alternatively the Security and Intercreditor Agent may resign by giving notice to the other Lenders in which case the Majority Lenders may appoint a successor Security and Intercreditor Agent. (C) If the Majority Lenders have not appointed a successor Security and Intercreditor Agent in accordance with paragraph (B) above within 30 days after the notice of resignation was given, the Security and Intercreditor Agent (after consultation with the Facility Agent) may appoint a successor Security and Intercreditor Agent. (D) The retiring Security and Intercreditor Agent (the “Retiring Security and Intercreditor Agent”) shall, at its own cost, make available to the successor Security and Intercreditor Agent such documents and records and provide such assistance as the successor Security and Intercreditor Agent may reasonably request for the purposes of performing its functions as Security and Intercreditor Agent under the Finance Documents.

Resignation of the Security and Intercreditor Agent. (A) The Security and Intercreditor Agent may resign and appoint one of its affiliates as successor by giving notice to the Company KEL and the LendersCreditors. (B) Alternatively the Security and Intercreditor Agent may resign by giving notice to the other Lenders Parties in which case the Majority Lenders Creditors may appoint a successor Security and Intercreditor Agent. (C) If the Majority Lenders Creditors have not appointed a successor Security and Intercreditor Agent in accordance with paragraph (B26.1(B) above within 30 days after the notice of resignation was given, the Security and Intercreditor Agent (after consultation with the Facility AgentAgents) may appoint a successor Security and Intercreditor Agent. (D) The retiring Security and Intercreditor Agent (the “Retiring Security and Intercreditor Agent”) shall, at its own cost, make available to the successor Security and Intercreditor Agent such documents and records and provide such assistance as the successor Security and Intercreditor Agent may reasonably request for the purposes of performing its functions as Security and Intercreditor Agent under the Finance Documentsthis Agreement.

Resignation of the Security and Intercreditor Agent. (A) The Security and Intercreditor Agent may resign and appoint one of its affiliates as successor by giving notice to the Company KEL and the LendersCreditors. (B) Alternatively the Security and Intercreditor Agent may resign by giving notice to the other Lenders Parties in which case the Majority Lenders Creditors may appoint a successor Security and Intercreditor Agent. (C) If the Majority Lenders Creditors have not appointed a successor Security and Intercreditor Agent in accordance with paragraph (B) above within 30 days after the notice of resignation was given, the Security and Intercreditor Agent (after consultation with the Facility AgentAgents) may appoint a successor Security and Intercreditor Agent. (D) The retiring Security and Intercreditor Agent (the “Retiring Security and Intercreditor Agent”) shall, at its own cost, make available to the successor Security and Intercreditor Agent such documents and records and provide such assistance as the successor Security and Intercreditor Agent may reasonably request for the purposes of performing its functions as Security and Intercreditor Agent under the Finance Documentsthis Agreement.

Resignation of the Security and Intercreditor Agent. (A) The Security and Intercreditor Agent may resign and appoint one of its affiliates as successor by giving notice to the Company and the Lenders. (B) Alternatively the Security and Intercreditor Agent may resign by giving notice to the other Lenders in which case the Majority Lenders may Lendxxx xxx appoint a successor Security and Intercreditor Agent. (C) If the Majority Lenders have not appointed a successor Security and Intercreditor Agent in accordance with paragraph (B) above within 30 days after the notice of resignation was given, the Security and Intercreditor Agent (after consultation with the Facility Agent) may appoint a successor Security and Intercreditor Agent. (D) The retiring Security and Intercreditor Agent (the “Retiring Security and Intercreditor Agent”) shall, at its own cost, make available to the successor Security and Intercreditor Agent such documents and records and provide such assistance as the successor Security and Intercreditor Agent may reasonably request for the purposes of performing its functions as Security and Intercreditor Agent under the Finance Documents.