Action on Instructions Sample Clauses

Action on Instructions. The Agent shall be entitled to act or refrain from acting, and in all cases shall be fully protected in acting or refraining from acting under this Agreement or the Notes or any other instrument or document in connection herewith or therewith in accordance with instructions in writing from (i) the Required Banks except for instructions which under the express provisions hereof must be received by the Agent from all the Banks, and (ii) in the case of such instructions, from all the Banks.
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Action on Instructions. The rights and remedies of the Security Trustee hereunder are subject to Article 6 (Remedies of the Trustee and Holder on Event of Default) of the Indenture, and the Security Trustee will only be permitted, subject to applicable law, to exercise remedies, including to sell the Collateral, at the direction of the Trustee or the Holders of a majority in principal amount of the Outstanding Secured Notes.
Action on Instructions. The Agent shall be required to act and shall ---------------------- be fully protected in so acting and shall be entitled to refrain from acting, and shall be fully protected in refraining from so acting, under this Agreement, the Revolving Credit Notes, the other Loan Documents or any other instrument or document executed or delivered in connection herewith or therewith, in accordance with written instructions from the Required Lenders or, in the case of the matters set forth in items (i) through (vii) of Section 9.2, from all of the Lenders.
Action on Instructions. 85 Section 12.5 Indemnification ........................................................................................ 85 Section 12.6 U.S. Bank National Association and Affiliates ....................................... 85 Section 12.7 Notice to Holder of Notes ........................................................................ 85 Section 12.8
Action on Instructions. The Collateral Agent shall be entitled to act or refrain from acting, and in all cases shall be fully protected in acting or refraining from acting under this Agreement, or any other instrument or document in connection herewith or therewith in accordance with Instructions in writing from the Banks.
Action on Instructions. 35 8.5 Action Upon Occurrence of a Default or Event of Default..... 35 8.6 Indemnification............................................. 35 8.7 Agent's Rights as a Lender.................................. 36
Action on Instructions. The Administrative Agent shall be entitled to act or refrain from acting, and in all cases shall be fully protected in acting or refraining from acting, under this Agreement or the Note or any other instrument or document in connection herewith or therewith in accordance with instructions in writing from the Majority Banks (or, if required, all Banks or Supermajority Banks, as the case may be). 15.5
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Action on Instructions. 80 9.5 Action in Event of Default.....................................................80 9.6 Indemnification................................................................80 9.7 Agent's Rights as a Bank.......................................................81 9.8
Action on Instructions. The Agent shall be entitled to act or refrain ---------------------- from acting, and shall be fully protected in acting or refraining from acting, under this Agreement, the other Loan Documents or any other instrument or document in connection herewith or therewith, in accordance with written instructions from the Required Lenders or, in the case of the matters set forth in items (i) through (v) of Section 9.2, from all of the Lenders. For purposes of this Agreement and the other Loan Documents, unless expressly stated otherwise, all determinations by, requests by, or other references to "Lenders" shall mean the Required Lenders.
Action on Instructions. Upon the written instructions at any time and from time to time of the Requisite Holders, the Agents will take or refrain from taking such action, as may be specified in such instructions. The Agents shall not be under any obligation to take any action under this Supplement or under any of the other Debenture Documents at the request or direction of the Requisite Holders or otherwise unless the Persons making such request or direction shall have furnished to the Agents reasonable security or indemnity against the costs, expenses and liabilities which might be incurred by it in compliance with such request or direction; nor shall the Agents be required to take any action deemed to impose on the Agents any obligation to take any action if such Agent shall have been advised by its counsel that such action is unlawful or is contrary to the terms of this Supplement or the other Debenture Documents. No provision hereof shall require any Agent to expend or risk its own funds or otherwise incur any financial liability in the performance of any of its duties hereunder, or in the exercise of any of its rights or powers, if it shall have reasonable grounds for believing that repayment of such funds or adequate indemnity against such risk or liability is not reasonably assured to it. The Collateral Agent shall cause the UCC-1 financing statements identified by the Company on the Effective Date in respect of the Security Documents to be filed in the jurisdictions identified on the cover page of such financing statement, on or immediately following the Effective Date. Otherwise, the Agents shall not have any duty (i) to see to any recording or filing of any financing statement or other notice or document relating thereto or contemplated under the Debenture Documents or to see to the maintenance of any such recording or (ii) to see to any insurance on any Collateral or any part thereof or to effect or maintain any such insurance, whether or not the Company shall be in default with respect thereto (iii) to see to the payment or discharge of any tax, assessment or other governmental charges or any Lien owing with respect to, or assessed or levied against any part of any collateral (iv) to confirm or verify the veracity of any Communications from Company or (v) to inspect any Collateral at any time or ascertain or inquire as to the performance or observance of any of the Company’s covenants under any Debenture Document.
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