Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrowers.
Appears in 15 contracts
Sources: Term Loan Facility (Global Ship Lease, Inc.), Facility Agreement (Global Ship Lease, Inc.), Term Loan Facility Agreement (Navios Maritime Partners L.P.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the other Borrowers and each Finance Parties and the BorrowersParty.
Appears in 6 contracts
Sources: Loan Agreement (Ardmore Shipping Corp), Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp), Loan Agreement (Ardmore Shipping Corp)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the Borrowers.
Appears in 6 contracts
Sources: Facility Agreement (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.
Appears in 5 contracts
Sources: Term Loan Facility (Okeanis Eco Tankers Corp.), Term Loan Facility (Grindrod Shipping Holdings Ltd.), Term Loan Facility (Pyxis Tankers Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one any of its Affiliates affiliates as successor Security Agent by giving notice to the other Finance Secured Parties and the BorrowersCompany.
Appears in 4 contracts
Sources: Supplemental Agreement (Iridium Communications Inc.), Supplemental Agreement (Iridium Communications Inc.), Loan Agreement (Iridium Communications Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersBorrower.
Appears in 3 contracts
Sources: Facility Agreement (Ozon Holdings PLC), Syndication and Amendment Agreement (Igate Corp), Facilities Agreement (Igate Corp)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties and the BorrowersBorrower.
Appears in 3 contracts
Sources: Term Loan Facility Agreement (Okeanis Eco Tankers Corp.), Term Loan Facility (Grindrod Shipping Holdings Ltd.), Facility Agreement (Scorpio Tankers Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the other Finance Parties and the BorrowersBorrower.
Appears in 3 contracts
Sources: Facility Agreement (Euroseas Ltd.), Facility Agreement (Euroseas Ltd.), Facility Agreement (Taylor Maritime Investments LTD)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersCompany.
Appears in 2 contracts
Sources: Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Borrowing Base Facility Agreement (Aegean Marine Petroleum Network Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Agent and the BorrowersObligors’ Agent.
Appears in 2 contracts
Sources: Borrowing Base Facility Agreement (Vaalco Energy Inc /De/), Borrowing Base Facility Agreement (Vaalco Energy Inc /De/)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates acting through an office in the United Kingdom as successor by giving notice to the other Finance Parties and the BorrowersParties.
Appears in 1 contract
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Senior Agent, the Borrower, RPM and each of the BorrowersSecured Parties.
Appears in 1 contract
Sources: Global Intercreditor Agreement (Anooraq Resources Corp)
Resignation of the Security Agent. (a) 26.1.1 The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Company and the BorrowersLenders.
Appears in 1 contract
Sources: Term Loan and Multicurrency Revolving Facilities Agreement (AVG Technologies N.V.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the other Borrower and each Finance Parties and the BorrowersParty.
Appears in 1 contract
Sources: Term Loan Facility (DryShips Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice in writing to the other Finance Parties and the BorrowersBorrower.
Appears in 1 contract
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the other Finance Parties Company and the BorrowersLenders.
Appears in 1 contract
Sources: Senior Term and Revolving Facilities Agreement (Melrose PLC)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the other Finance Parties and the BorrowersBorrower.
Appears in 1 contract
Sources: Addendum to First Preferred Marshall Islands Mortgage (Ocean Rig UDW Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice in writing to the other Finance Parties and the BorrowersBorrower.
Appears in 1 contract
Sources: Amendment and Restatement Agreement (Atlas Investissement)
Resignation of the Security Agent. (a) 10.15.1 The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Secured Parties and the BorrowersCompany.
Appears in 1 contract
Resignation of the Security Agent. (a) The Each of the Security Agent and Secondary Security Agent may resign and appoint one of its Affiliates affiliates as successor by giving notice to the other Finance Parties Company and the BorrowersAgent.
Appears in 1 contract
Sources: Facilities Agreement (StarTek, Inc.)
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Agent and the BorrowersBorrower.
Appears in 1 contract
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Secured Parties.
(b) The Security Agent’s resignation shall take effect upon the appointment of a successor and the Borrowerstransfer of all of the Collateral to that successor.
Appears in 1 contract
Sources: Security Agreement (Meituan)
Resignation of the Security Agent. (a) 27.14.1 The Security Agent may resign and appoint one of its Affiliates as successor by giving notice to the other Finance Parties Lenders and the BorrowersBorrower.
Appears in 1 contract
Resignation of the Security Agent. (a) The Security Agent may resign and appoint one of its Affiliates acting through an office as successor by giving notice to the other Finance Parties and the Borrowers.
Appears in 1 contract