Common use of Resignation or Removal of the Collateral Agent Clause in Contracts

Resignation or Removal of the Collateral Agent. The Collateral Agent may resign as Collateral Agent upon thirty (30) days' notice to the Senior Parties and may be removed at any time with or without cause by the Required Senior Parties, with any such resignation or removal to become effective only upon the appointment of a successor Collateral Agent under this SECTION 6.

Resignation or Removal of the Collateral Agent. The Collateral Agent may resign as Collateral Agent upon thirty (30) days' notice to the Senior Secured Parties and may be removed at any time with or without cause upon thirty (30) days' notice by the Required Senior PartiesMajority Holders, with any such resignation or removal to become effective only upon the appointment of a successor Collateral Agent under this SECTION 62.

Resignation or Removal of the Collateral Agent. The Collateral ---------------------------------------------- Agent may resign as Collateral Agent upon thirty (30) not less than 30 days' prior written notice to the Senior Secured Parties and the Company and may be removed at any time with or without cause by the Required Senior PartiesHolders, with any such resignation or removal to become effective only upon the appointment of a successor Collateral Agent under this SECTION 6Section 2.

Resignation or Removal of the Collateral Agent. The Collateral Agent may resign as Collateral Agent upon thirty (30) not less than 30 days' prior written notice to the Senior Secured Parties and the Company and may be removed at any time with or without cause by the Required Senior PartiesHolders, with any such resignation or removal to become effective only upon the appointment of a successor Collateral Agent under this SECTION 6Section 2.