Effect of Resignation or Removal. With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) # the retiring or removed ​ shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the ​ on behalf of the Lenders or the L/C Issuers under any of the Loan Documents, the retiring or removed ​ shall continue to hold such collateral security until such time as a successor ​ is appointed) and # except for any indemnity payments or other amounts then owed to the retiring or removed ​, all payments, communications and determinations provided to be made by, to or through the ​ shall instead be made by or to each ​ and each L/C Issuer directly, until such time, if any, as the Required Lenders appoint a successor ​ as provided for above. Upon the acceptance of a successor’s appointment as ​ hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) ​ (other than as provided in [Section 3.01(g)] and other than any rights to indemnity payments or other amounts owed to the retiring or removed ​ as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed ​ shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this [Section 9.06]). The fees payable by the ​ to a successor ​ shall be the

Effect of Resignation or Removal. With effect from the Resignation Effective Date # the retiring [[Administrative Agent:Organization]] shall be discharged from its duties and obligations hereunder and under the other Loan Documents (except that in the case of any collateral security held by the [[Administrative Agent:Organization]] on behalf of the ​ or the L/C Issuer under any of the Loan Documents, the retiring [[Administrative Agent:Organization]] shall continue to hold such collateral security until such time as a successor [[Administrative Agent:Organization]] is appointed) and # except for any indemnity payments or other amounts then owed to the retiring [[Administrative Agent:Organization]], all payments, communications and determinations provided to be made by, to or through the [[Administrative Agent:Organization]] shall instead be made by or to each [[Organization A:Organization]] and the L/C Issuer directly, until such time, if any, as the Required ​ appoint a successor [[Administrative Agent:Organization]] as provided for above. Upon the acceptance of a successor’s appointment as [[Administrative Agent:Organization]] hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring [[Administrative Agent:Organization]] (other than as provided in [Section 3.01(g)] and other than any rights to indemnity payments or other amounts owed to the retiring [[Administrative Agent:Organization]] as of the Resignation Effective Date), and the retiring [[Administrative Agent:Organization]] shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section). The fees payable by the ​ to a successor [[Administrative Agent:Organization]] shall be the same as those payable to its predecessor unless otherwise agreed between the ​ and such successor. After the retiring [[Administrative Agent:Organization]]’s resignation hereunder and under the other Loan Documents, the provisions of this Article and [Section 11.04] shall continue in effect for the benefit of such retiring [[Administrative Agent:Organization]], its sub agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring [[Administrative Agent:Organization]] was acting as [[Administrative Agent:Organization]].

With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) # the retiring or removed [[Organization B:Organization]] shall be discharged from its duties and obligations hereunder and # all payments, communications and determinations provided to be made by, to or through the [[Organization B:Organization]] shall instead be made by or to each Lender directly, until such time, if any, as the Required [[Organization C:Organization]] with, if applicable, the consent of the [[Organization A:Organization]], appoint a successor [[Organization B:Organization]] as provided for above. Upon the acceptance of a successor’s appointment as [[Organization B:Organization]] hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring or removed [[Organization B:Organization]], and the retiring or removed [[Organization B:Organization]] shall be discharged from all of its duties and obligations hereunder. The fees payable by the [[Organization A:Organization]] to a successor [[Organization B:Organization]] shall be the same as those payable to its predecessor unless otherwise agreed between the [[Organization A:Organization]] and such successor. After the retiring or removed [[Organization B:Organization]]’s resignation or removal hereunder, the provisions of this Article and Section 8.04 shall continue in effect for the benefit of such retiring or removed [[Organization B:Organization]], its sub‑agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed [[Organization B:Organization]] was acting as [[Organization B:Organization]].

With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) # the retiring or removed [[Administrative Agent:Organization]] shall be discharged from its duties and obligations hereunder and under the other Loan Documents and # except for any indemnity payments or other amounts then owed to the retiring or removed [[Administrative Agent:Organization]], all payments, communications and determinations provided to be made by, to or through the [[Administrative Agent:Organization]] shall instead be made by or to each ​ directly, until such time, if any, as the Required Lenders appoint a successor [[Administrative Agent:Organization]] as provided for above. Upon the acceptance of a successor’s appointment as [[Administrative Agent:Organization]] hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring (or removed) [[Administrative Agent:Organization]] (other than as provided in [Section 3.01(g)] and other than any rights to indemnity payments or other amounts owed to the retiring or removed [[Administrative Agent:Organization]] as of the Resignation Effective Date or the Removal Effective Date, as applicable), and the retiring or removed [[Administrative Agent:Organization]] shall be discharged from all of its duties and obligations hereunder or under the other Loan Documents (if not already discharged therefrom as provided above in this Section 9.06). The fees payable by the ​ to a successor [[Administrative Agent:Organization]] shall be the same as those payable to its predecessor unless otherwise agreed between the ​ and such successor. After the retiring or removed [[Administrative Agent:Organization]]’s resignation or removal hereunder and under the other Loan Documents, the provisions of this Article IX and Section 10.04 shall continue in effect for the benefit of such retiring or removed [[Administrative Agent:Organization]], its sub‑agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them # while the retiring or removed [[Administrative Agent:Organization]] was acting as [[Administrative Agent:Organization]] and # after such resignation or removal for as long as any of them continues to act in any capacity hereunder or under the other Loan Documents, including in respect of any actions taken in connection with transferring the agency to any successor [[Administrative Agent:Organization]].

With effect from the Resignation Effective Date or the Removal Effective Date (as applicable) # the retiring or removed Agent shall be discharged from its duties and obligations hereunder (except that in the case of any collateral security held by the Agent on behalf of the Lenders under this Agreement, the retiring or removed Agent shall continue to hold such collateral security until such time as a successor Agent is appointed) and # except for any indemnity payments owed to the retiring or removed Agent, all payments, communications and determinations provided to be made by, to or through the Agent shall instead be made by or to each Lender directly, until such time, if any, as the Required Lenders appoint a successor Agent as provided for above. Upon the acceptance of a successor’s appointment as Agent hereunder, such successor shall succeed to and become vested with all of the rights, powers, privileges and duties of the retiring or removed Agent (other than any rights to indemnity payments owed to the retiring or removed Agent), and the retiring or removed Agent shall be discharged from all of its duties and obligations hereunder. The fees payable by the Borrower to a successor Agent shall be the same as those payable to its predecessor unless otherwise agreed between the Borrower and such successor. After the retiring or removed Agent’s resignation or removal hereunder, the provisions of this Article and [Section 8.04] shall continue in effect for the benefit of such retiring or removed Agent, its sub-agents and their respective Related Parties in respect of any actions taken or omitted to be taken by any of them while the retiring or removed Agent was acting as Agent.