Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 (SUCCESSOR AGENT), then (i) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 10 contracts
Samples: Senior Facility Agreement (General Maritime Corp), Senior Facility Agreement (General Maritime Corp), Junior Facility Agreement (General Maritime Corp)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 21.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 21 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 5 contracts
Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD), Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD), Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)
Rights and Obligations. If a successor to the an Agent is appointed under the provisions of Clause 24.10 34.11 (SUCCESSOR AGENTSuccessor Agent) or Clause 34.12 (New Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 4 contracts
Samples: Multicurrency Revolving Credit Agreement (Royal Ahold), Multicurrency Revolving Credit Agreement (Royal Ahold), Multicurrency Revolving Credit Agreement (Royal Ahold)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 29.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 29 (The Agent, the Arrangers and the Banks) and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 3 contracts
Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Communications Corp), Credit Agreement (NTL Delaware Inc)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 21.10 (SUCCESSOR AGENT), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 21 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.. OWN RESPONSIBILITY
Appears in 3 contracts
Samples: Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD), Letter of Credit and Reimbursement Agreement (Xl Capital LTD), Letter of Credit Facility and Reimbursement Agreement (Xl Capital LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 28.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 28 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 3 contracts
Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 28.10 (SUCCESSOR AGENTSuccessor Agent), then then
(ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 28 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Term Facility Agreement (Zindart LTD), Facility Agreement (Adt Limited)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Revolving Credit Facility Agreement (Vnu N V), Letter of Credit Facility Agreement (Ace LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 22.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 22 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Term Loan Agreement, Term Loan Agreement
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Letter of Credit Facility Agreement (Ace LTD), Letter of Credit Facility Agreement (Ace LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 30.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 30 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Delaware Inc)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 31.11 (SUCCESSOR AGENT), then (i) then:
31.11.1 the retiring Agent shall be discharged from any further obligation hereunder under any Finance Document but shall remain entitled to the benefit of the provisions of this Clause 24 and (ii) 31; and
31.11.2 its successor and each of the other parties hereto to any Finance Document shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party heretoto the Finance Documents.
Appears in 2 contracts
Samples: Senior Term Facility Agreement (United Surgical Partners International Inc), Senior Term Facility Agreement (United Surgical Partners International Inc)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 Section 20(11) (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 Section 20 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: French Buyer Credit Agreement, Spanish Buyer Credit Agreement
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 26.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 26 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Exhibit Agreement (Ace LTD), Exhibit (Ace LTD)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 33.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 33 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Loan Agreement (Cemex Sa De Cv), Term Loan Facilities Agreement (Dyckerhoff Aktiengesellschaft)
Rights and Obligations. If a successor to the Facility Agent is appointed under the provisions of Clause 24.10 34.11 (SUCCESSOR AGENTSuccessor Facility Agent), then (ia) the retiring or departing Facility Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Credit Agreement (Comple Tel LLC), Credit Agreement (Comple Tel Europe Nv)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 30.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 30 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 2 contracts
Samples: Facility Agreement (Macquarie Infrastructure CO Trust), Facility Agreement (Macquarie Infrastructure Assets Trust)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 33.10 (SUCCESSOR AGENTSuccessor), then (i) the retiring Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 33 and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Term Loan and Revolving Facility Agreement (Calenergy Co Inc)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 34.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder under the Facility Documents but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a an original party heretoto the Facility Documents.
Appears in 1 contract
Samples: Facility Agreement (Primacom Ag)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 32.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 32 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 Section 20(11) (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 Section 20 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Long Term Commercial Loan Agreement
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 26.10 (SUCCESSOR AGENTSuccessor Agent), then then
(ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 26 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 34.12 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring or departing Agent shall be discharged from any further obligation hereunder under the Finance Documents but shall remain entitled to the benefit of the provisions of this Clause 24 34 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Credit Agreement (NTL Inc/De/)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.10 (SUCCESSOR AGENT)) and has accepted its appointment as Agent, then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto Parties shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Multicurrency Term and Revolving Credit Facilities Agreement (Axa)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 25.10 (SUCCESSOR AGENT), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Niner Acquistion Inc)
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 (SUCCESSOR AGENT)Section 10.10, then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 Article X and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Syndicated Offshore Bill Discount Facility (NSM Steel Co LTD)
Rights and Obligations. If a successor Successor to the Agent is appointed under the provisions of Clause 24.10 25.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 25 and (iib) its successor Successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor Successor had been a party hereto.
Appears in 1 contract
Rights and Obligations. If a successor to the Agent is appointed under the provisions of Clause 24.10 31.10 (SUCCESSOR AGENT), then (ia) the retiring Agent shall be discharged from any further obligation hereunder under the Facility Documents but shall remain entitled to the benefit of the provisions of this Clause 24 31 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a an original party heretoto the Facility Documents.
Appears in 1 contract
Rights and Obligations. If a successor to the Facility Agent is appointed under the provisions of Clause 24.10 22.11 (SUCCESSOR AGENTSuccessor Facility Agent), then (i) the retiring Facility Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 22.9 (Resignation) and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Facility Agreement (Royal Ahold)
Rights and Obligations. If a successor to either of the Agent Agents is appointed under the provisions of Clause 24.10 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 (The Facility Agent, the Arranger and the Banks) and (iib) its successor and each of the other parties hereto to the Facility Documents shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Revolving Facility Agreement (Central European Media Enterprises LTD)
Rights and Obligations. If a successor to the Administrative Agent is appointed under the provisions of Clause 24.10 28.11 (SUCCESSOR AGENTSuccessor Agent), then (ia) the retiring Administrative Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 28 and (iib) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Multicurrency Revolving Loan Agreement (Gulfmark Offshore Inc)
Rights and Obligations. If a successor to the any Agent is appointed under the provisions of Clause 24.10 37. 10 (SUCCESSOR AGENTSuccessor Agent), then (i) the retiring Agent shall be discharged from any further obligation hereunder but shall remain entitled to the benefit of the provisions of this Clause 24 37 and (ii) its successor and each of the other parties hereto shall have the same rights and obligations amongst themselves as they would have had if such successor had been a party hereto.
Appears in 1 contract
Samples: Revolving Credit Facility Agreement (Capital One Financial Corp)
