Common use of Acknowledgment by Lenders Clause in Contracts

Acknowledgment by Lenders. This Change in Terms shall only be effective upon the acknowledgment, consent and acceptance by the Required Lenders, which acknowledgement, consent and acceptance shall be evidenced by execution of this Change in Terms by Lenders constituting the Required Lenders.

Appears in 4 contracts

Samples: Fifth Change in Terms Agreement (Airnet Systems Inc), Third Change in Terms Agreement (Airnet Systems Inc), Fourth Change in Terms Agreement (Airnet Systems Inc)

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Acknowledgment by Lenders. This Change in Terms shall only be effective upon the acknowledgment, consent and acceptance by the Required Lenders, which acknowledgement, consent and acceptance shall be evidenced by execution of this Change in Terms by Lenders constituting the Required Lenders.

Appears in 1 contract

Samples: Second Change in Terms Agreement (Airnet Systems Inc)

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