Common use of Alternatively the Agent Clause in Contracts

Alternatively the Agent. and the Security Agent may resign by giving 30 days’ notice to the other Lenders and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent or Security Agent (as the case may be).

Appears in 3 contracts

Sources: Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV)

Alternatively the Agent. and the Security Agent may resign by giving 30 days’ notice to the other Lenders and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent or Security Agent (as the case may be)Agent.

Appears in 1 contract

Sources: Syndication and Amendment Agreement (Igate Corp)

Alternatively the Agent. and or the Security Agent may resign by giving 30 days’ notice to the other Lenders and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent or Security Agent (as the case may be)Agent.

Appears in 1 contract

Sources: Facility Agreement (Madeleine Charging B.V.)

Alternatively the Agent. and the Security Agent may resign by giving 30 days' notice to the other Lenders and the Borrower, in which case the Majority Lenders (after consultation with the Borrower) may appoint a successor Agent or Security Agent (as the case may be)Agent.

Appears in 1 contract

Sources: Revolving Facility Agreement