Common use of ADMINISTRATION OF CREDIT FACILITIES Clause in Contracts

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the Agent determines to be appropriate, provided, however, the Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 10 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Gander Mountain Co)

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ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the applicable Agent determines to be appropriate, provided, however, the no Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 4 contracts

Samples: Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (DSW Inc.)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Credit Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriate, provided, however, the no Agent is not under any affirmative obligation to take any action which it is not required by this Credit Agreement or the Loan Documents specifically to so take.

Appears in 4 contracts

Samples: Credit Agreement (BTHC VII Inc), Term Loan Credit Agreement (Whitehall Jewellers Inc), Subordinated Credit Agreement (Whitehall Jewelers Holdings, Inc.)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Administrative Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the Administrative Agent determines to be appropriate, provided, however, the Administrative Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 3 contracts

Samples: Loan and Security Agreement (Shopko Stores Inc), Loan and Security Agreement (Shopko Stores Inc), Officemax Inc /Oh/

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the Agent determines to be appropriate, provided, however, the Agent is not under any no affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 3 contracts

Samples: Loan and Security Agreement (Retail Ventures Inc), Loan and Security Agreement (DSW Inc.), Loan and Security Agreement (Retail Ventures Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriateappropriate within their respective areas of responsibility and authority, as set forth in Sections 14.2(b) and 14.2(a), provided, however, the neither Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 3 contracts

Samples: Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the Agent determines to be appropriateappropriate , provided, however, the Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 2 contracts

Samples: Loan and Security Agreement (Drugmax Inc), Loan and Security Agreement (Childrens Place Retail Stores Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriateappropriate within their respective areas of responsibility and authority, providedas set forth in Sections 15.2(b) and 15.2(a), howeverPROVIDED, the HOWEVER, neither Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Loan and Security Agreement (Designs Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriateappropriate within their respective areas of responsibility and authority, as set forth in Sections 15.2(b) and 15.2(a), provided, however, the neither Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Loan and Security Agreement (Casual Male Retail Group Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriate, provided, however, the no Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Credit Agreement (Whitehall Jewellers Inc)

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ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriateappropriate within their respective areas of responsibility and authority, providedas set forth in Sections 15:15-2(b) and 15:15-2(a), howeverPROVIDED, the HOWEVER, neither Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Loan and Security Agreement (Baker J Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Administrative Agent may take any action in accordance with applicable law with respect to the credit facility contemplated by the Loan Documents as the Administrative Agent determines to be appropriate, provided, however, the Administrative Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Claires Stores Inc

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this AgreementAgreement (including without limitation this Article XVI), the each Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the that Agent determines to be appropriate, provided, however, the that such Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Loan and Security Agreement (Restoration Hardware Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the Agent determines to be appropriateappropriate within its area of responsibility and authority, providedas set forth in Sections 15.2(b) and 15.2(a), howeverPROVIDED, HOWEVER, the Agent is not under any affirmative obligation to take any action which it is not required by this Agreement or the other Loan Documents specifically to so take.

Appears in 1 contract

Samples: Loan and Security Agreement (Lechters Inc)

ADMINISTRATION OF CREDIT FACILITIES. (a) Except as otherwise specifically provided in this Agreement, the Agent may take any action with respect to the credit facility contemplated by the Loan Documents as the Agent determines to be appropriate, provided, however, the Agent is not under any affirmative 115 obligation to take any action which it is not required by this Agreement or the Loan Documents specifically to so take.

Appears in 1 contract

Samples: Loan and Security Agreement (Gander Mountain Co)

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