Common use of Resignation of Security Trustee Clause in Contracts

Resignation of Security Trustee. The Security Trustee may resign at any time and appoint an Affiliate acting through an office in the United Kingdom in its place by giving notice to the other Finance Parties and the Borrower.

Appears in 1 contract

Sources: Borrowing Base Facility Agreement (Transglobe Energy Corp)

Resignation of Security Trustee. 29.11.1 The Security Trustee may resign at any time and appoint an Affiliate acting through an office in the United Kingdom in its place as successor by giving notice to the other Finance Parties and the Borrower.

Appears in 1 contract

Sources: Senior Secured Multicurrency Credit Facility Agreement (Carrizo Oil & Gas Inc)

Resignation of Security Trustee. 61.3.1 The Security Trustee may resign at any time and appoint an Affiliate acting through an office in the United Kingdom or Paris in its place by giving notice to the other Finance Parties Secured Creditors and the BorrowerCompany.

Appears in 1 contract

Sources: Junior Credit Agreement (Endeavour International Corp)

Resignation of Security Trustee. 30.4.1 The Security Trustee may resign at any time and appoint an Affiliate acting through an office in the United Kingdom in its place by giving notice to the other Finance Parties and the Borrower.

Appears in 1 contract

Sources: Borrowing Base Facility Agreement (Transglobe Energy Corp)