Common use of Deemed Consent Clause in Contracts

Deemed Consent. If a Lender’s consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 4 contracts

Samples: Financing Agreement (Under Armour, Inc.), Financing Agreement, Financing Agreement (Under Armour, Inc.)

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Deemed Consent. If a Lender’s consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten five (105) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 2 contracts

Samples: Convertible Loan and Security Agreement (Blonder Tongue Laboratories Inc), Loan and Security Agreement (Blonder Tongue Laboratories Inc)

Deemed Consent. If a Lender’s consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such requestrequest (which such request and each consent thereto shall be in writing (including, for purposes of this Section 14.11, messages sent by e-mail or telecopier)), such failure to respond shall be deemed a consent to the requested course of action.

Appears in 2 contracts

Samples: Financing Agreement (G Iii Apparel Group LTD /De/), Financing Agreement (G Iii Apparel Group LTD /De/)

Deemed Consent. If a Lender’s 's consent to a waiver waiver, amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Financing Agreement (Werner Holding Co Inc /Pa/)

Deemed Consent. If a Lender’s consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Term Loan and Security Agreement (Summit Healthcare REIT, Inc)

Deemed Consent. If a LenderXxxxxx’s consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Term Loan Agreement (Alignment Healthcare, Inc.)

Deemed Consent. If a Lender’s 's consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Financing Agreement (MTM Technologies, Inc.)

Deemed Consent. If a Lender’s 's consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such requestrequest (which such request and each consent thereto shall be in writing (including, for purposes of this Section 14.11, messages sent by e-mail or telecopier)), such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Financing Agreement (G Iii Apparel Group LTD /De/)

Deemed Consent. If a Lender’s 's consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Credit and Security Agreement (Greenbrook TMS Inc.)

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Deemed Consent. If a Lender’s 's consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.. ​

Appears in 1 contract

Samples: Credit and Security Agreement (Greenbrook TMS Inc.)

Deemed Consent. If a Lender’s consent to a waiver waiver, amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Financing Agreement (Horsehead Holding Corp)

Deemed Consent. If a Lender’s consent to a waiver waiver, amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Administrative Agent for such consent within ten (10) Business Days after the date of the receipt by the Lender of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Abovenet Inc)

Deemed Consent. If a Lender’s consent to a waiver amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days banking days after the date of such request, such failure to respond shall be is deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Revolving Loan and Security Agreement (Spar Group Inc)

Deemed Consent. If a Lender’s consent to a waiver waiver, amendment or other course of action is required under the terms of this Financing Agreement and such Lender does not respond to any request by the Agent for such consent within ten (10) Business Days after the date of such request, such failure to respond shall be deemed a consent to the requested course of action.

Appears in 1 contract

Samples: Loan and Security Agreement (Skechers Usa Inc)

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