Common use of Replacement of an Issuing Bank Clause in Contracts

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12

Appears in 8 contracts

Sources: Support Agreement (Affinion Group Holdings, Inc.), Credit Agreement (Affinion Group Holdings, Inc.), First Amendment to First Lien Credit Agreement (Exela Technologies, Inc.)

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Revolving Facility Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12to

Appears in 1 contract

Sources: Credit Agreement (AZEK Co Inc.)

Replacement of an Issuing Bank. An Any Issuing Bank may be replaced at any time by written agreement among between the BorrowerBorrowers, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.1240 #1292168v26

Appears in 1 contract

Sources: Loan Agreement (Aaon, Inc.)

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12successor

Appears in 1 contract

Sources: Credit Agreement (Phillips 66 Partners Lp)

Replacement of an Issuing Bank. An Each Issuing Bank may be replaced or retire at any time by written agreement among the Borrower, the Administrative AgentAgent and as applicable, the replaced such Issuing Bank and the or a successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement or retirement of an the applicable Issuing Bank. At the time any such replacement or retirement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.123.05

Appears in 1 contract

Sources: Credit Agreement

Replacement of an Issuing Bank. An Issuing Bank may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced Issuing Bank and the successor Issuing Bank. The Administrative Agent shall notify the Lenders of any such replacement of an Issuing Bank. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Bank pursuant to Section 2.12Bank

Appears in 1 contract

Sources: First Lien Credit Agreement (Exela Technologies, Inc.)