Agent Consents Clause Samples
The 'Agent Consents' clause establishes that an agent must obtain and provide necessary approvals or permissions before taking certain actions on behalf of a principal. In practice, this means the agent cannot proceed with specific transactions, disclosures, or decisions unless all required consents from relevant parties—such as the principal, third parties, or regulatory bodies—are secured. This clause ensures that the agent acts within the authorized scope, protecting both the principal and third parties from unauthorized commitments or actions.
Agent Consents. No amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom shall amend, modify, terminate or waive any provision of Section 9 as the same applies to any Agent, or any other provision hereof as the same applies to any Agent, in each case without the consent of such Agent.
Agent Consents. With respect to any matter requiring Agent’s consent hereunder, Borrower shall direct written request for such consent to Agent including such information as Borrower may deem pertinent to Agent’s decision. Agent may designate a specific individual to whom Agent shall direct such requests. Except as expressly provided in this Agreement, no failure to respond by Agent shall be effective as a consent unless the same is in writing executed by a duly authorized officer of Agent, as the case may be.
Agent Consents. The Borrower shall have received executed signature pages hereto from the Existing Administrative Agent and the New Administrative Agent.
Agent Consents. Each of the Intercreditor Agent (acting pursuant to the instructions given to it in SECTION 5.01(c)) and the Security Trustee (acting pursuant to the instructions given to it in SECTION 5.01(b)) hereby:
(a) consents to the terms of this Agreement and the amendments, amendment and restatements, assignments, terminations and releases contemplated hereby, including pursuant to SECTION 3.01 and SECTION 3.02, and agrees to execute and deliver each Transaction Document to the extent it is a party thereto;
(b) acknowledges that the instructions in SECTION 5.01 to the Security Trustee shall be deemed, where applicable, to be an instruction to the Intercreditor Agent to so instruct the Security Trustee to take such action, and the Intercreditor Agent so instructs the Security Trustee; and
(c) provides its consent to the extent necessary under the Funding Documents or any other agreement referred to herein in order to permit the Plenary Parties to execute and deliver this Agreement, perform their obligations hereunder and give effect to the transactions contemplated hereby,