Common use of Resignation of the Security Trustee Clause in Contracts

Resignation of the Security Trustee. 30.1.1 The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Agent.

Appears in 2 contracts

Samples: Borrowing Base Facility Agreement (MIE Holdings Corp), Shares Purchase Agreement (MIE Holdings Corp)

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Resignation of the Security Trustee. 30.1.1 The Security Trustee may resign and appoint one of its Affiliates affiliates as successor by giving notice to the AgentCompany, the Senior Creditors and the Noteholders.

Appears in 1 contract

Samples: Note Purchase Agreement (Luxfer Holdings PLC)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one any of its Affiliates as successor Security Trustee by giving notice to the AgentParties.

Appears in 1 contract

Samples: Intercreditor Deed (British Energy Group PLC)

Resignation of the Security Trustee. 30.1.1 (a) The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Company and the Investor. (b) The Security Agent’s resignation notice shall only take effect upon (i) the appointment of a successor and (ii) the assignment or transfer of all of the trust property referred to in Clause 9.1(a) to that successor.

Appears in 1 contract

Samples: Convertible Note Purchase Agreement (Aesthetic Medical International Holdings Group LTD)

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Resignation of the Security Trustee. 30.1.1 31.1.1 The Security Trustee may resign and appoint one of its Affiliates as successor by giving notice to the Agent.

Appears in 1 contract

Samples: Facility Agreement (Ivanhoe Energy Inc)

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