Variation or Termination of Appointment Sample Clauses

Variation or Termination of Appointment. The Issuer reserves the right at any time to vary or terminate the appointment of the Calculation Agent or any Paying Agent and to appoint another Calculation Agent or additional or other Paying Agents. The Issuer shall at all times maintain a Paying Agent and a Calculation Agent. Any variation, termination, appointment or change shall only take effect (other than in the case of insolvency, when it shall be of immediate effect) after not less than 25 nor more than 45 days’ prior notice thereof shall have been given to the Holders in accordance with Article 10.
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Variation or Termination of Appointment. The Borrower reserves the right at any time to appoint and to vary or terminate the appointment of the Paying Agent and/or the Calculation Agent and to appoint another paying agent and/or calculation agent provided that there will at all times be a paying agent [and a calculation agent. The Paying Agent and the Calculation Agent reserve the right at any time to change their respective specified offices to some other specified office in the same country. Notice of all changes in the identities or specified offices of the Paying Agent and/or the Calculation Agent will be given promptly by the Borrower to the Lender in accordance with Clause
Sample 1
Variation or Termination of Appointment. The Borrower reserves the right at any time to appoint and to vary or terminate the appointment of the Paying Agent and to appoint another paying agent provided that there will at all times be a paying agent. The Paying Agent reserves the right at any time to change its respective specified office to some other specified office in the same country. Notice of all changes in the identities or specified office of the Paying Agent will be given promptly by the Borrower to the Lender in accordance with Clause 12. If, for whatever reason, no Paying Agent is appointed, the Borrower shall act as such Agent with respect to the Loan.
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Variation or Termination of Appointment. The Issuer reserves the right at any time to vary or terminate the appointment of the Agent [or Calculation Agent] and to appoint another Paying Agent [or Calculation Agent] or additional or other Agents [or Calculation Agents], also a Paying Agent, or Agent, [or Calculation Agent, respectively,] provided that the Issuer shall at all times maintain (i) a Paying Agent [and Calculation Agent], (ii) so long as the Notes are listed on a regulated market of a stock exchange, a Paying Agent [and Calculation Agent] with a specified office in such place as may be required by the rules of such stock exchange[, and
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Variation or Termination of Appointment. The Issuer reserves the right at any time to vary or terminate the appointment of the Registrar [,] [or] any Paying Agent [or] [the Calculation Agent] and to appoint another Registrar or additional or other Paying Agent[s]
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Variation or Termination of Appointment. The Issuer reserves the right at any time to vary or terminate the appointment of the Principal Paying Agent [,] [or] [any Additional Paying Agent] [or] [the Calculation Agent] and to appoint another Principal Paying Agent or additional or other Paying Agent[s] [or] [another Calculation Agent]. The Issuer shall at all times maintain (i) a Principal Paying Agent with a specified office in New York City [in the case of Notes listed on a stock exchange[s] insert: [,] [and] (ii) so long as the Notes are listed on the [name of Stock Exchange[s]], a Paying Agent (which may be the Principal Paying Agent) with a specified office in [location of Stock Exchange] and/or in such other place as may be required by the rules of such stock exchange] [if any Calculation Agent is to be appointed insert: [and [(iii)] a Calculation Agent. The Issuer undertakes that, when European Union Council Directive 2003/48/EC of June 3, 2003 on the taxation of savings income in the form of interest payments or any European Union Directive otherwise implementing the conclusions of the ECOFIN Council meeting of November 26-27, 2000 is brought into force, it will ensure that it maintains a paying agent in an EU Member State that will not be obliged to withhold or deduct tax pursuant to the such Directive to the extent this is possible and legally permitted in any member state of the European Union. Any variation, termination, appointment or change shall only take effect (other than in the case of insolvency, when it shall be of immediate effect) after not less than 30 nor more than 45 days' prior notice thereof shall have been given to the Holders in accordance with ss. 11.
Sample 1

Related to Variation or Termination of Appointment

  • Termination of Appointment 6.1 The Issuer may terminate the appointment of the Calculation Agent at any time by giving to the Calculation Agent at least 45 days' prior written notice to that effect, provided that, so long as any of the Relevant Notes is outstanding:

  • Resignation or Termination of Agent The Agent may resign at any time on ten (10) days’ prior notice, so long as a successor Agent, reasonably satisfactory to the Note Holders (it being agreed that a Servicer, the Trustee or a Certificate Administrator in a Securitization is satisfactory to the Note Holders), has agreed to be bound by this Agreement and perform the duties of the Agent hereunder. BANA, as Initial Agent, may transfer its rights and obligations to a Servicer, the Trustee or the Certificate Administrator, as successor Agent, at any time without the consent of any Note Holder. Notwithstanding the foregoing, Note Holders hereby agree that, simultaneously with the closing of the Lead Securitization, the Master Servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place of BANA without any further notice or other action. The termination or resignation of such Master Servicer, as Master Servicer under the Lead Securitization Servicing Agreement, shall be deemed a termination or resignation of such Master Servicer as Agent under this Agreement, and any successor master servicer shall be deemed to have been automatically appointed as the successor Agent under this Agreement in place thereof without any further notice or other action.

  • Modification or Termination The Loan Documents may only be modified or terminated by a written instrument or instruments intended for that purpose and executed by the party against which enforcement of the modification or termination is asserted. Any alleged modification or termination which is not so documented shall not be effective as to any party.

  • Terms of Appointment; Duties of the Bank 1.1 Subject to the terms and conditions set forth in this Agreement, the Trust hereby employs and appoints the Bank to act as, and the Bank agrees to act as, its transfer agent for the authorized and issued Shares, and as the Trust’s dividend disbursing agent.

  • Voluntary Resignation or Termination for Cause If the Employee's employment with the Company terminates as a result of the Employee's voluntary resignation which is not an Involuntary Termination or if the Employee is terminated for Cause at any time after a Change of Control, then the Employee shall not be entitled to receive severance or other benefits hereunder, but may be eligible for those benefits (if any) as may then be established under the Company's then existing severance and benefits plans and policies at the time of such termination.

  • Nature of Appointment; Limitation of Duty THE APPOINTMENT OF THE ADMINISTRATIVE AGENT AS PROXY AND ATTORNEY-IN-FACT IN THIS ARTICLE VI IS COUPLED WITH AN INTEREST AND SHALL BE IRREVOCABLE UNTIL THE DATE ON WHICH THIS SECURITY AGREEMENT IS TERMINATED IN ACCORDANCE WITH SECTION 7.14. NOTWITHSTANDING ANYTHING CONTAINED HEREIN, NONE OF THE ADMINISTRATIVE AGENT, ANY LENDER, ANY OTHER SECURED PARTY, ANY OF THEIR RESPECTIVE AFFILIATES, OR ANY OF THEIR OR THEIR AFFILIATES’ RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS OR REPRESENTATIVES SHALL HAVE ANY DUTY TO EXERCISE ANY RIGHT OR POWER GRANTED HEREUNDER OR OTHERWISE OR TO PRESERVE THE SAME AND SHALL NOT BE LIABLE FOR ANY FAILURE TO DO SO OR FOR ANY DELAY IN DOING SO, EXCEPT IN RESPECT OF DAMAGES ATTRIBUTABLE SOLELY TO SUCH PARTY’S OWN GROSS NEGLIGENCE OR WILLFUL MISCONDUCT AS FINALLY DETERMINED BY A COURT OF COMPETENT JURISDICTION; PROVIDED THAT, IN NO EVENT SHALL THEY BE LIABLE FOR ANY PUNITIVE, EXEMPLARY, INDIRECT OR CONSEQUENTIAL DAMAGES.

  • Effect of Termination or Resignation Any termination or resignation of the Servicer under this Agreement shall not affect any claims that the Issuer may have against the Servicer for events or actions taken or not taken by the Servicer arising prior to any such termination or resignation.

  • Action upon Termination, Resignation or Removal Promptly upon the effective date of termination of this Agreement pursuant to the first sentence of Section 1.09 or the resignation or removal of the Administrator pursuant to Section 1.09(a), (b) or (c), respectively, the Administrator shall be entitled to be paid all fees and reimbursable expenses accruing to it to the date of such termination, resignation or removal. The Administrator shall forthwith upon such termination pursuant to the first sentence of Section 1.09 deliver to the Issuer all property and documents of or relating to the Collateral then in the custody of the Administrator. In the event of the resignation or removal of the Administrator pursuant to Section 1.09(a), (b) or (c), respectively, the Administrator shall cooperate with the Issuer and take all reasonable steps requested to assist the Issuer in making an orderly transfer of the duties of the Administrator.

  • Consequences of Expiration or Termination All of the following effects of expiration or termination, as applicable, are in addition to the other rights and remedies that may be available to the Parties at law or in equity.

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