Common use of Termination of Agent Clause in Contracts

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior Noteholder. In the event that the Agent is terminated pursuant to this Section 37, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. Natixis, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon a Securitization of the Lead Senior Note, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A-1 Holder. In the event that the Agent is terminated pursuant to this Section 3734, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the NoteholdersHolders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as The Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any NoteholderHolder. Natixis, as The Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote A-1, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A-1 Holder. In the event that the Agent is terminated pursuant to this Section 3734, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the NoteholdersHolders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any NoteholderHolder. Natixis, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote A-1, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A-1 Holder. In the event that the Agent is terminated pursuant to this Section 3739, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. NatixisUBS Real Estate Securities Inc., as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. NatixisUBS Real Estate Securities Inc., as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding anything to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote or any portion thereof, the Certificate Administrator (or the Trustee, as applicable) shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior Noteholder. In the event that the Agent is terminated pursuant to this Section 3738, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. Natixis, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon a Securitization of the Lead Senior Note, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A-1 Holder. In the event that the Agent is terminated pursuant to this Section 3734, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the NoteholdersHolders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any NoteholderHolder. Natixis, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote A-1, the Certificate Administrator certificate administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior Noteholder. In the event that the Agent is terminated pursuant to this Section 3739, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. NatixisUBS Real Estate Securities Inc., as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. NatixisUBS Real Estate Securities Inc., as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding anything to the contrary in this Agreement, upon a Securitization of the Lead Senior Note, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior Securitization Noteholder. In the event that the Agent is terminated pursuant to this Section 3738, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, Agent may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. Natixis, as Initial Agent, Agent shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior Securitization Note, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A-1 Holder. In the event that the Agent is terminated pursuant to this Section 3735, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the NoteholdersHolders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any NoteholderHolder. Natixis, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote A-1, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A Holder. In the event that the Agent is terminated pursuant to this Section 37, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. Natixis, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. Natixis, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote A, the Certificate Administrator shall automatically become and be the Agent.

Termination of Agent. The Agent may be terminated at any time upon ten (10) days prior written notice from the Lead Senior NoteholderNote A-1 Holder. In the event that the Agent is terminated pursuant to this Section 3738, all of its rights and obligations under this Agreement shall be terminated, other than any rights or obligations that accrued prior to the date of such termination. The Agent may resign at any time upon ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Noteholders, has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. NatixisNREC, as Initial Agent, may transfer its rights and obligations to the Servicer, as successor Agent, at any time without the consent of any Noteholder. NatixisNREC, as Initial Agent, shall promptly and diligently attempt to cause such Servicer to act as successor Agent, and, if such Servicer declines to act in such capacity, shall promptly and diligently attempt to cause a similar servicer to act as successor Agent. The termination or resignation of such Servicer, as Servicer under the Servicing Agreement, shall be deemed a termination or resignation of such Servicer as Agent under this Agreement. Upon Notwithstanding the to the contrary in this Agreement, upon a Securitization of the Lead Senior NoteNote A-1, the Certificate Administrator shall automatically become and be the Agent.