Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 140 contracts
Samples: Credit Agreement (Marathon Oil Corp), Assignment and Assumption Agreement (Duke Energy Indiana, Inc.), Credit Agreement (Johnson Controls Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1, 7.5 and 7.6, Administrative Agent shall administer the Loans in the same manner as it administers its own loans.
Appears in 20 contracts
Samples: Revolving Credit Agreement (Erp Operating LTD Partnership), Revolving Credit Agreement (Amb Property Lp), Revolving Credit Agreement (Amb Property Lp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1, 7.5 and 7.6, Administrative Agent shall administer the Loans in the same manner as it administers its own loans.
Appears in 8 contracts
Samples: Revolving Credit Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.), Term Loan Agreement (Prologis, L.P.)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.
Appears in 8 contracts
Samples: Credit Agreement (Alliance Data Systems Corp), Year Term Loan Agreement (United States Steel Corp), Term Loan Agreement (United States Steel Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein, and the Administrative Agent shall not by reason of this Agreement be a trustee for any Bank. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 6 contracts
Samples: Credit Agreement (Marsh & McLennan Companies Inc), Credit Agreement (Marsh & McLennan Companies, Inc.), Credit Agreement (Marsh & McLennan Companies Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6. Section 7.04.
Appears in 5 contracts
Samples: Credit Agreement (Rockwell Automation Inc), Day Credit Agreement (Rockwell Automation Inc), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 5 contracts
Samples: Credit Agreement (Praxair Inc), Credit Agreement (Universal Health Services Inc), Assignment and Assumption Agreement (Blyth Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 64.
Appears in 4 contracts
Samples: Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VII. The duties of the Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 8.1, 8.5 and 8.6, the Administrative Agent shall administer the Loans in the same manner as it administers its own loans.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Amb Property Lp), Revolving Credit Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.
Appears in 4 contracts
Samples: Revolving Credit Agreement (Carramerica Realty Corp), Term Loan Agreement (Dow Chemical Co /De/), Revolving Credit Agreement (Carramerica Realty Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 66 and in the Collateral Documents.
Appears in 3 contracts
Samples: Agreement (Rite Aid Corp), RCF Facility (Rite Aid Corp), Agreement (Rite Aid Corp)
Action by Administrative Agent. The obligations of the Administrative each Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, none of the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.
Appears in 3 contracts
Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 67. Section 8.4.
Appears in 3 contracts
Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 66 and in the Pledge Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Rite Aid Corp), Term Loan Agreement (Rite Aid Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article Article 6.
Appears in 2 contracts
Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), The Term Loan Credit Agreement (Progress Energy Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein, and its duties shall be administrative in nature. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.not:
Appears in 2 contracts
Samples: Credit Agreement (Consolidated Edison Inc), Credit Agreement (Consolidated Edison Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6the Loan Documents.
Appears in 2 contracts
Samples: Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VII.
Appears in 2 contracts
Samples: Credit Agreement (Valero Energy Corp), Credit Agreement (Texas New Mexico Power Co)
Action by Administrative Agent. (a) The obligations of the Administrative each Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, none of the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article 6Article 7.
Appears in 2 contracts
Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)
Action by Administrative Agent. The ------------------------------ obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.
Appears in 2 contracts
Samples: Credit Agreement (Anheuser Busch Companies Inc), Assignment and Assumption Agreement (Carramerica Realty Corp)
Action by Administrative Agent. (a) The obligations of the Administrative each Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, none of the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.
Appears in 2 contracts
Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under this Agreement are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 2 contracts
Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI.
Appears in 2 contracts
Samples: Revolving Credit Agreement (Northstar Realty), Revolving Credit Agreement (Rait Investment Trust)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6. The Administrative Agent shall not be deemed to have knowledge of any Default or Event of Default unless and until notice describing such Default or Event of Default is given to the Administrative Agent in writing by the Borrower, a Bank or a Letter of Credit Issuer.
Appears in 2 contracts
Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)
Action by Administrative Agent. The obligations of the ------------------------------ Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 2 contracts
Samples: Assignment and Assumption Agreement (Duke Energy Corp), Credit Agreement (Nationwide Financial Services Inc /Oh/)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6XVIII.
Appears in 2 contracts
Samples: Loan and Security Agreement (NRI Real Token Inc.), Mezzanine Loan and Security Agreement (NRI Real Token Inc.)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Financing Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 68.
Appears in 1 contract
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Event of Default or any event or condition which, with the giving of notice or lapse of time or both, would become an Event of Default, except as expressly provided in Article 6VI.
Appears in 1 contract
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 68. 42 SECTION 9.4.
Appears in 1 contract
Samples: Bridge Loan Agreement (Ultramar Diamond Shamrock Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting 101 the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.
Appears in 1 contract
Samples: Credit Agreement (Meditrust Corp)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6SECTION 7.2.
Appears in 1 contract
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under this Agreement are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 66 and in the Pledge Agreement.
Appears in 1 contract
Samples: Term Loan Agreement (Ace LTD)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Financing Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.
Appears in 1 contract
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6. 36 Section 7.4.
Appears in 1 contract
Samples: Conformed (K N Energy Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6XI.
Appears in 1 contract
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Event of Default, except as expressly provided in Article 6.X.
Appears in 1 contract
Action by Administrative Agent. The ------------------------------ obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Bethlehem Steel Corp /De/)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6Section 7.
Appears in 1 contract
Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Event of Default or Unmatured Event of Default, except as expressly provided in Article 6.
Appears in 1 contract
Samples: Credit Agreement (TRW Inc)
Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Financing Documents are only those expressly set forth hereintherein with respect to it. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.
Appears in 1 contract
