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Common use of Resignation by the Hermes Agent Clause in Contracts

Resignation by the Hermes Agent. The Hermes Agent may resign from the performance of all its functions and duties hereunder and/or under the other ​

Appears in 2 contracts

Sources: Loan Agreement (NCL CORP Ltd.), Loan Agreement (Norwegian Cruise Line Holdings Ltd.)

Related Clauses

  • Resignation by the Agent
  • Resignation by the Administrative Agent
  • Resignation by the Executive
  • Termination by the Bank for Cause
  • Termination by the HSP

Parent Clauses

  • Repudiation of Construction Contract or other Material Documents
  • KFW IPEX
  • Agency and Security Trustee Provisions
  • Money Laundering
  • Hermes Information Requests

Sub-Clauses

  • Assignments and Transfers by the Lenders
  • Assignment or Transfer Fee
  • Limitation of Responsibility to Existing Lenders
  • Assignments and Transfers to Hermes or KfW
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