Common use of Successor Administrative Agent and Collateral Agent Clause in Contracts

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may resign as Administrative Agent and Collateral Agent upon 30 days’ notice to the Lenders with a copy of such notice to the Borrower. If the Administrative Agent resigns under this Agreement, the Required Lenders shall appoint from among the Lenders a successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to by the Borrower at all times other than during the existence of an Event of Default Quest Resource Credit Agreement

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may (as a result of events or circumstances arising after the Closing Date) resign as at any time by giving thirty days’ prior written notice thereof to Lenders and Borrower, and Administrative Agent may be removed at any time with or without cause by an instrument or concurrent instruments in writing delivered to Borrower and Administrative Agent and Collateral Agent upon 30 days’ notice to the Lenders with a copy of such notice to the Borrower. If the Administrative Agent resigns under this Agreement, the Required Lenders shall appoint from among the Lenders a successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to signed by the Borrower at all times other than during the existence of an Event of Default Quest Resource Credit AgreementSupermajority Lenders.

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may (as a result of events or circumstances arising after the Closing Date) resign as at any time by giving thirty days’ prior written notice thereof to Lenders and Borrower, and Administrative Agent may be removed at any time with or without cause by an instrument or concurrent instruments in writing delivered to Borrower and Administrative Agent and Collateral Agent upon 30 days’ notice to the Lenders with a copy of such notice to the Borrower. If the Administrative Agent resigns under this Agreement, the Required Lenders shall appoint from among the Lenders a successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to signed by the Borrower at all times other than during the existence of an Event of Default Quest Resource Credit AgreementRequisite Lenders.

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may resign as Administrative Agent and Collateral Agent upon 30 may resign at any time by giving thirty days’ prior written notice thereof to the Lenders with a copy of and Company Agent. Upon any such notice to the Borrower. If the Administrative Agent resigns under this Agreementof resignation, the Required Requisite Lenders shall appoint from among have the Lenders a successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to by the Borrower at all times other than during the existence of an Event of Default Quest Resource Credit Agreementright, upon five Business Days’ notice to

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may shall have the right to resign as Administrative Agent and Collateral Agent upon 30 days’ at any time by giving prior written notice thereof to the Agents, the Lenders with a copy of such notice to and the Borrower. If , and the Administrative Agent resigns under this Agreement, the Required Lenders shall appoint from among the Lenders a successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to by the Borrower at all times other than during the existence of an Event of Default Quest Resource Credit Agreementmay be

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may xxx resign as Administrative Agent and Collateral Agent upon at any time by giving 30 days’ prior written notice thereof to the Lenders with a copy of such notice to the Borrowerand Credit Party Representative. If the Administrative Agent resigns under this Agreement, shall have the Required Lenders shall right to appoint from among the Lenders a financial institution to act as successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to by the Borrower at all times other than during the existence of an Event of Default Quest Resource Credit AgreementAdministrative Agent

Successor Administrative Agent and Collateral Agent. (a) The Administrative Agent may shall have the right to resign as Administrative Agent and Collateral Agent upon 30 at any time by giving thirty (30) days’ prior written notice thereof to the Lenders with a copy of Lenders, provided that such notice to the Borrower. If the Administrative Agent resigns under this Agreement, may be waived by the Required Lenders shall appoint from among the Lenders a successor administrative agent and collateral agent for the Lenders which successor administrative agent shall be consented to by the Borrower at all times other than during the existence continuance of an Event of Default Quest Resource Credit AgreementDefault, and, in the absence an Event of