Agent Determinations. Each reference in this Agreement to any action, determination, exercise of discretion or other conduct of similar import by or with respect to “Agent” shall be deemed to refer to such action, determination, exercise of discretion or other conduct taken, made or exercised, as the case may be, by the Agent acting, where applicable, upon written instructions of the Required Lenders, except with respect to administrative and ministerial matters of Agent, matters relating to rights, duties, protections, privileges, indemnities and immunities of Agent, and assignments and transfers in accordance with Section 16.03.
Appears in 1 contract
Sources: Loan and Security Agreement (Forbes Energy Services Ltd.)
Agent Determinations. Each reference in this Agreement to any action, determination, exercise of discretion or other conduct of similar import by or with respect to “Agent” shall be deemed to refer to such action, determination, exercise of discretion or other conduct taken, made or exercised, as the case may be, by the Agent acting, where applicable, upon written instructions of the Required Lenders, except with respect to administrative and ministerial matters of Agent, matters relating to rights, duties, protections, privileges, indemnities and immunities of Agent, and assignments and transfers in accordance with Section 16.03.. ARTICLE XXIX
Appears in 1 contract
Sources: Loan and Security Agreement (Forbes Energy Services Ltd.)