Common use of Replacement of the Issuing Lender Clause in Contracts

Replacement of the Issuing Lender. Any Issuing Lender may be replaced at any time by written agreement among the Borrower, the Administrative Agent, the replaced ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ and the successor ▇▇▇▇▇▇▇ ▇▇▇▇▇▇. The Administrative Agent shall notify the Revolving Lenders of any such replacement of the Issuing Lender. At the time any such replacement shall become effective, the Borrower shall pay all unpaid fees accrued for the account of the replaced Issuing Lender pursuant to Section 2.21. From and after the effective date of any such replacement, (i) the successor Issuing Lender shall have all the rights and obligations of the Issuing Lender under this Agreement with respect to Letters of Credit to be issued thereafter and

Replacement of the Issuing Lender. Any The Issuing Lender may be replaced at any time by written agreement among between the BorrowerBorrowers, the Administrative Agent, the replaced ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Issuing Lender and the successor ▇▇▇▇▇▇▇ ▇▇▇▇▇▇Issuing Lender. The Administrative Agent shall notify the Revolving Lenders of any such replacement of the Issuing Lender. At the time any such replacement shall become effective, the Borrower Borrowers shall pay all unpaid fees accrued for the account of the replaced Issuing Lender pursuant to Section 2.213.03(d). From and after the effective date of any such replacement, (i) the successor Issuing Lender shall have all the rights and obligations of the Issuing Lender under this Agreement with respect to Letters of Credit to be issued thereafter and