Common use of Abstentions Clause in Contracts

Abstentions. In determining whether the Majority Lenders, have given instructions or a consent, approval, waiver, amendment or other decision, a Lender will be deemed to have Commitments or a participation of zero if it has so elected by notice to the Agent.

Appears in 4 contracts

Sources: Loan Note Subscription Agreement (Metals Acquisition LTD), Loan Note Subscription Agreement (Metals Acquisition Corp), Syndicated Facility Agreement (Metals Acquisition LTD)

Abstentions. In determining whether the Majority Lenders, Lenders have given instructions or a consent, approval, waiver, amendment or other decision, a Lender will be deemed to have Commitments or a participation of zero if it has so elected by notice to the Agent.

Appears in 1 contract

Sources: Third Amendment to the Syndicated Facility Agreement (Coronado Global Resources Inc.)