Common use of Rights of the Successor and Retiring Administrative Agents Clause in Contracts

Rights of the Successor and Retiring Administrative Agents. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performed. After the resignation of any Administrative Agent hereunder, the provisions of this Article XII shall inure to such Persons’ benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunder.

Rights of the Successor and Retiring Administrative Agents. Upon ---------------------------------------------------------- the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performed. After the any retiring Administrative Agent's resignation of any hereunder as Administrative Agent hereunderAgent, the provisions of this Article XII shall ----------- inure to such Persons’ its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunder.

Rights of the Successor and Retiring Administrative Agents. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performedunder this Agreement. After the any retiring Administrative Agent’s resignation of any hereunder as Administrative Agent hereunderAgent, the provisions of this Article XII shall inure to such Persons’ its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunderunder this Agreement.

Rights of the Successor and Retiring Administrative Agents. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performedas Administrative Agent under this Agreement. After the any retiring Administrative Agent's resignation of any hereunder as Administrative Agent hereunderAgent, the provisions of this Article XII XI shall inure to such Persons’ its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunderunder this Agreement.

Rights of the Successor and Retiring Administrative Agents. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performedas Administrative Agent under this Agreement. After the any retiring Administrative Agent's resignation of any hereunder as Administrative Agent hereunderAgent, the provisions of this Article XII ARTICLE XI shall inure to such Persons’ its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunderunder this Agreement.

Rights of the Successor and Retiring Administrative Agents. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performedunder this Agreement. After the any retiring Administrative Agent's resignation of any hereunder as Administrative Agent hereunderAgent, the provisions of this Article XII shall inure to such Persons’ its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunderunder this Agreement.

Rights of the Successor and Retiring Administrative Agents. Upon the acceptance of any appointment as Administrative Agent hereunder by a successor Administrative Agent, such successor Administrative Agent shall thereupon succeed to and become vested with all the rights, powers, privileges and duties of the retiring Administrative Agent Agent, and the retiring Administrative Agent shall be discharged from its duties and obligations hereunder thereafter to be performedas Administrative Agent under this Agreement. After the any retiring Administrative Agent’s resignation of any hereunder as Administrative Agent hereunderAgent, the provisions of this Article XII XI shall inure to such Persons’ its benefit as to any actions taken or omitted to be taken by it while it was the Administrative Agent hereunderunder this Agreement.