Common use of Agent May Require Security Clause in Contracts

Agent May Require Security. Notwithstanding Subsection 15.9.1, the Agent may refrain from acting in accordance with any instructions of the Required Lenders to begin any Litigation, enforce any Security or to take management or control of any Collateral, arising out of or in connection with any Finance Document until it has received such security as it may require (whether by way of payment in advance or otherwise) for all losses and expenses and disbursements which it anticipates it will or may expend or incur in complying with such instructions.

Agent May Require Security. Notwithstanding Subsection 15.9.1Section 11.9.1, the Agent may refrain from acting in accordance with any instructions of the Required Lenders to begin any Litigation, enforce any Security or to take management or control of any Collateral, proceeding arising out of or in connection with any Finance Secured Document until it has received such security as it may require (whether by way of payment in advance or otherwise) for all claims and losses and expenses and disbursements which it anticipates it will or may expend or incur in complying with such instructions.

Agent May Require Security. Notwithstanding Subsection 15.9.116.9.1, the an Agent may refrain from acting in accordance with any instructions of the Required Lenders to begin any Litigation, enforce any Security or to take management or control of any Collateral, proceeding arising out of or in connection with any Finance Loan Document until it has received from the Lenders such security as it may require (whether by way of payment in advance or otherwise) for all losses and expenses and disbursements which it anticipates it will or may expend or incur in complying with such instructions.