Resignation and Appointment Agreement definition
Examples of Resignation and Appointment Agreement in a sentence
The Lenders party hereto expressly consent and agree to the terms set forth in the Agency Resignation and Appointment Agreement, including all waivers, amendments or modifications to the Credit Agreement or one or more of the other Loan Documents set forth therein.
Cortland accepts such appointment to act as the successor Administrative Agent under the Credit Agreement and the other Loan Documents pursuant to the Agency Resignation and Appointment Agreement.
The Successor Administrative Agent shall have received the executed Resignation and Appointment Agreement.
The Longview Credit Agreement was subsequently amended pursuant to that certain First Amendment to Credit Agreement and Resignation and Appointment Agreement, dated as of June 20, 2011, by and between the Debtors and, among others, the Collateral Agent (the “First Amendment”).
The Group prepares cash flow forecasts derived from the most recent financial budgets approved by the directors for the next three years with the residual period using the growth rate of 3%.
The Amended and Restated Issuing and Paying Agency Agreement, dated as of December 12, 1991, between Sheffield Receivables Corporation and Bankers Trust Company, as amended by the Master Amendment, Resignation and Appointment Agreement, dated as of August 1, 1997, among Sheffield Receivables Corporation, The Chase Manhattan Bank and Bankers Trust Company, as the same may at any time be amended, modified or supplemented.
This includes your own staff and any lower tier contractors whom you might employ.
The Administrative Agent shall have received (i) this Agreement, executed and delivered by each Borrower and the Lenders, (ii) the Guarantee Agreement, executed and delivered by each Loan Party and the Administrative Agent, (iii) the Collateral Agreement, executed and delivered by each Loan Party, the Administrative Agent and the Collateral Trustee, (iv) the Collateral Trustee Resignation and Appointment Agreement, executed and delivered by each party thereto and (v) the Intercreditor Joinder.
The Corporation will have an audit committee (the “Audit Committee”) which will be comprised of no less than three (3) directors.
As contemplated by the Resignation and Appointment Agreement, the parties hereto intend that in connection herewith, the parties will specifically amend each Security Document, UCC financing statement or other document filed of record to reflect of record the Successor Administrative Agent and any other changes to conform hereto, and in furtherance thereof, the Administrative Agent will file such amendments as it deems necessary to accomplish the purposes hereof.