Common use of Resignation or Removal of Administrative Agent Clause in Contracts

Resignation or Removal of Administrative Agent. Subject to the appointment and acceptance of a successor Administrative Agent as provided below, the Administrative Agent may resign at any time by giving notice thereof to the Banks and the Borrower. Upon any such resignation or removal, the Majority Banks shall have the right to appoint a successor Administrative Agent with the approval of the Borrower (such approval not

Resignation or Removal of Administrative Agent. Subject to the appointment and acceptance of a successor Administrative Agent as provided below, the Administrative Agent may resign at any time by giving notice thereof to the Banks and the Borrower. Upon any such resignation or removalCompany, and the Majority Banks shall have the right to appoint a successor Administrative Agent may be removed at any time with the approval of the Borrower (such approval notor without cause by the

Resignation or Removal of Administrative Agent. Subject to the appointment and acceptance of a successor Administrative Agent as provided below, the Administrative Agent may resign at any time by giving notice thereof to the Banks and the BorrowerBorrower and the Administrative Agent may be removed at any time with or without cause by the Required Banks. Upon any such resignation or removal, the Majority Banks shall have the right to appoint a successor Administrative Agent with the approval of the Borrower (such approval notRequired

Resignation or Removal of Administrative Agent. Subject to the appointment and acceptance of a successor Administrative Agent as provided below, the Administrative Agent may resign at any time by giving written notice thereof to the Banks Lenders and the Borrower. Upon any such resignation or removal, and the Majority Banks shall have the right to appoint a successor Administrative Agent may be removed at any time with or without cause by the approval of the Borrower (such approval notRequired Lenders; provided

Resignation or Removal of Administrative Agent. Subject to the appointment and acceptance of a successor Administrative Agent as provided below, the Administrative Agent may resign at any time by giving notice thereof to the Banks Lenders and the BorrowerCompany, and the Administrative Agent may be removed at any time with or without cause by the Majority Lenders. Upon any such resignation or removal, the Majority Banks Lenders, with the consent of the Company, which consent shall not be unreasonably withheld, shall have the right to appoint appoint, a successor Administrative Agent with Agent, provided that the approval consent of the Borrower (such approval notCompany Credit Agreement ----------------