Agent’s actions. Any action taken by the Agent under or in relation to this Agreement with requisite authority, or on the basis of appropriate instructions, received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the Lenders.
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Sources: Loan Agreement (Versatel Telecom International N V), Loan Agreement (Carrier1 International S A)
Agent’s actions. Any action taken by the Agent under or in relation to this Agreement or any of the other Security Documents and/or with requisite authority, or on the basis of appropriate instructions, received from the Majority Lenders (or as otherwise duly authorised) shall be binding on all the Lenders.
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