Common use of Agent Actions Clause in Contracts

Agent Actions. With respect to any term or provision of this Agreement or any other Loan Document that requires the consent, approval, satisfaction, discretion, determination, decision, action or inaction or any similar concept of or by Agent, or that allows, permits, requires, empowers or otherwise provides that any matter, action, decision or similar may be taken, made or determined by Agent, including the exercise of any remedies under the Loan Documents and any provision that refers to any document or other matter being satisfactory or acceptable to Agent, regardless of whether such term or provision expressly refers to the requirement to obtain consent or input from any Lenders, or to otherwise notify any Lender, or to provide that such matter is required to be satisfactory or acceptable to the Lenders, such term or provision shall be interpreted to refer to Agent providing its response or taking any such action only after obtaining consent or approval from the Required Lenders or such other requisite percentage of the Lenders as required in Section 9.4. Similarly, with respect to any term or provision of this Agreement or any other Loan Document that requires the consent, approval, satisfaction, discretion, determination, decision, action or inaction or any similar concept of or by the Lenders, or that allows, permits, requires, empowers or otherwise provides that any matter, action, decision or similar may be taken, made or determined by the Lenders, including the exercise of any remedies under the Loan Documents and any provision that refers to any document or other matter being satisfactory or acceptable to the Lenders, such term or provision shall be interpreted to require consent or approval from the Required Lenders or such other requisite percentage of the Lenders as required in Section

Agent Actions. With respect to any term or provision of this Agreement or any other Loan Document that requires the consent, approval, satisfaction, discretion, determination, decision, action or inaction or any similar concept of or by Agent, or that allows, permits, requires, empowers or otherwise provides that any matter, action, decision or similar may be taken, made or determined by Agent, including the exercise of any remedies under the Loan Documents and any provision that refers to any document or other matter being satisfactory or acceptable to Agent, regardless of whether such term or provision expressly refers to the requirement to obtain consent or input from any Lenders, or to otherwise notify any Lender, or to provide that such matter is required to be satisfactory or acceptable to the Lenders, such term or provision shall be interpreted to refer to Agent providing its response or taking any such action only after obtaining consent or approval from the Required Lenders or such other requisite percentage of the Lenders as required in Section 9.4. Similarly, with respect to any term or provision of this Agreement or any other Loan Document that requires the consent, approval, satisfaction, discretion, determination, decision, action or inaction or any similar concept of or by the Lenders, or that allows, permits, requires, empowers or otherwise provides that any matter, action, decision or similar may be taken, made or determined by the Lenders, including the exercise of any remedies under the Loan Documents and any provision that refers to any document or other matter being satisfactory or acceptable to the Lenders, such term or provision shall be interpreted to require consent or approval from the Required Lenders or such other requisite percentage of the Lenders as required in SectionSection 9.4. In soliciting decisions from Lenders, Agent shall provide a reasonable period of time, depending on the urgency of the decision to be made. Notwithstanding the foregoing, the consent or approval of the Lenders is not required for a consent of Agent to an assignment by Lender under Section 9.13, and each Lender has the right to act on its own with respect to a prepayment of the Term Loan in accordance with Section 2.1.4 and Section 8.3 and with respect to funding a portion of the Initial Increase and Additional Increase under Sections 2.7.1, 2.7.2 and 2.7.3.