Agreement of Creditor Parties Sample Clauses

Agreement of Creditor Parties. Subject to the terms and conditions of this Agreement, each Creditor Party (severally and not jointly) agrees on its behalf and on behalf of its Controlled Affiliates to (and, to the extent applicable, in the case of (x) each of the Consenting Lease Certificate Holders, also agrees to direct the Lease Trustee and (y) each of the Consenting Sub Debt Holders, also agrees to direct the Subordinated Notes Indenture Trustee), do the following:
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Agreement of Creditor Parties. The agreement of the Creditor Parties contained in Clause 3.1 shall have effect on and from the Effective Date save for the Third Reduction, First Application, the Second Release and the Second Application which were effected on 7 January 2013.
Agreement of Creditor Parties. The agreement of the Lender contained in Clause 2.1 shall have effect on and from the Effective Date.
Agreement of Creditor Parties 

Related to Agreement of Creditor Parties

  • Notification of Creditor Parties and Security Parties The Agent shall send to each Lender, the Security Trustee and each Security Party a copy of the text of any notice which the Agent serves on the Borrower under Clause 19.2; but the notice shall become effective when it is served on the Borrower, and no failure or delay by the Agent to send a copy of the text of the notice to any other person shall invalidate the notice or provide the Borrower or any Security Party with any form of claim or defence.

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • Exclusion of Creditor Party liability No Creditor Party, and no receiver or manager appointed by the Security Trustee, shall have any liability to the Borrower or a Security Party:

  • Execution of Credit Agreement; Loan Documents The Administrative Agent shall have received (i) counterparts of this Agreement, executed by a Responsible Officer of each Loan Party and a duly authorized officer of each Lender, (ii) for the account of each Lender requesting a Note, a Note executed by a Responsible Officer of the Borrower, (iii) counterparts of the Security Agreement and each other Collateral Document, executed by a Responsible Officer of the applicable Loan Parties and a duly authorized officer of each other Person party thereto, as applicable and (iv) counterparts of any other Loan Document, executed by a Responsible Officer of the applicable Loan Party and a duly authorized officer of each other Person party thereto.

  • of Credit Agreement Section 1.1(b)(i) of the Credit Agreement is hereby amended and restated in its entirety to read as follows:

  • AGENTS AND LENDERS rights and remedies under this Agreement shall be cumulative and nonexclusive of any other rights and remedies that Agent or any Lender may have under any other agreement, including the other Loan Documents, by operation of law or otherwise. Recourse to the Collateral shall not be required.

  • Reaffirmation of Credit Party Obligations Each Credit Party hereby ratifies the Credit Agreement and acknowledges and reaffirms (a) that it is bound by all terms of the Credit Agreement applicable to it and (b) that it is responsible for the observance and full performance of its respective Credit Party Obligations.

  • (b) of the Credit Agreement Section 2.5(b) of the Credit Agreement is hereby amended and restated to read in its entirety as follows:

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