Common use of Agreement of Required Lenders Clause in Contracts

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof.

Appears in 6 contracts

Samples: Loan and Security Agreement (Belmar Capital Fund LLC), Loan and Security Agreement (Belair Capital Fund LLC), Loan and Security Agreement (Belrose Capital Fund LLC)

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Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 6 contracts

Samples: Revolving Credit and Guaranty Agreement (Polymer Group Inc), Revolving Credit and Guaranty Agreement (McLeodusa Inc), Revolving Credit and Guaranty Agreement (Act Manufacturing Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 13.11 hereof.

Appears in 6 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/), Credit Agreement (Lions Gate Entertainment Corp /Cn/), Credit Agreement (Lions Gate Entertainment Corp /Cn/)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof9.10.

Appears in 5 contracts

Samples: Revolving Credit Agreement (Interstate Bakeries Corp/De/), Term Loan and Revolving Credit Agreement (Federal-Mogul Corp), Revolving Credit Agreement (Interstate Bakeries Corp/De/)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent Agents for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof9.10.

Appears in 4 contracts

Samples: Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp), Credit Agreement (Smurfit Stone Container Corp)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof11.10.

Appears in 3 contracts

Samples: Secured Super Priority Debtor in Possession Revolving Credit and Guaranty Agreement (Kaiser Aluminum & Chemical Corp), Credit, Guarantee and Security Agreement (Gentek Inc), Revolving Credit, Guaranty and Security Agreement (Acterna Corp)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 3 contracts

Samples: Revolving Credit, Term Loan and Guaranty Agreement (Federal Mogul Corp), Revolving Credit and Guaranty Agreement (Federal Mogul Corp), Revolving Credit and Guaranty Agreement (Hayes Lemmerz International Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver of this Credit Agreement shall be effective except in accordance with the provisions of Section 12.13 13.11 hereof.

Appears in 2 contracts

Samples: Credit Agreement (First Look Studios Inc), Credit, Security, Guaranty and Pledge Agreement (Overseas Filmgroup Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 13.11 hereof.

Appears in 2 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Crown Media Holdings Inc), Credit, Security, Guaranty and Pledge Agreement (Crown Media Holdings Inc)

Agreement of Required Lenders. Upon Except as set forth in Section 13.10, upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, Lenders action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof13.10.

Appears in 2 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/), Credit Agreement (Lions Gate Entertainment Corp /Cn/)

Agreement of Required Lenders. Upon Except as set forth in Section 13.10, upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof13.10.

Appears in 2 contracts

Samples: Subordination and Intercreditor Agreement (Eros International PLC), Credit Agreement (Eros International PLC)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 13.10 hereof.

Appears in 2 contracts

Samples: Credit, Guaranty, Security and Pledge Agreement (Gci Inc), Credit, Guaranty, Security and Pledge Agreement (Gci Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 13.10 hereof.

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (Trimark Holdings Inc)

Agreement of Required Lenders. Upon Except as set forth in Section 14.11 hereof, upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 14.11 hereof.

Appears in 1 contract

Samples: Credit Agreement (Idt Corp)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent or the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Bradlees Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of only the Required Lenders, action shall be taken by the Agent Agents for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof.the

Appears in 1 contract

Samples: Credit Agreement (GameStop Corp.)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof13.10.

Appears in 1 contract

Samples: Debtor in Possession Credit Agreement (Nutramax Products Inc /De/)

Agreement of Required Lenders. Upon any occasion ----------------------------- requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof.10.10. ------------- SECTION

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Bethlehem Steel Corp /De/)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Lenders' Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 1 contract

Samples: Revolving Credit Agreement (Sun Healthcare Group Inc)

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Agreement of Required Lenders. Upon any occasion requiring or ----------------------------- permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof9.10.

Appears in 1 contract

Samples: Revolving Credit Agreement (Icg Holdings Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 11.10 hereof.

Appears in 1 contract

Samples: Credit and Security Agreement (General Communication Inc)

Agreement of Required Lenders. Upon Except as set forth in Section 14.11 hereof, upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 14.10 hereof.

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (Idt Corp)

Agreement of Required Lenders. Upon any occasion ----------------------------- requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof.10.10. -------------

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Bethlehem Steel Corp /De/)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof.

Appears in 1 contract

Samples: Revolving Credit Agreement (Payless Cashways Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of 155 all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Usg Corp)

Agreement of Required Lenders. Upon any occasion requiring ----------------------------- or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 1 contract

Samples: Revolving Credit, Term Loan and Guaranty Agreement (Federal Mogul Corp)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent Agents for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent consent, or waiver shall be effective except in accordance with the provisions of Section 12.13 hereof10.10.

Appears in 1 contract

Samples: Revolving Credit and Guaranty Agreement (Bradlees Inc)

Agreement of Required Lenders. Upon Except as set forth in Section 13.10 hereof, upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 13.10 hereof.

Appears in 1 contract

Samples: Credit, Security, Guaranty and Pledge Agreement (RHI Entertainment, Inc.)

Agreement of Required Lenders. Upon any occasion ----------------------------- requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf or for the benefit of all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 11.10 hereof.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Artisan Entertainment Inc)

Agreement of Required Lenders. Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Agent for and on behalf of, or for the benefit of of, all Lenders upon the direction of the Required Lenders Lenders, and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 12.13 12.9 hereof.

Appears in 1 contract

Samples: Credit, Security and Guaranty Agreement (Actava Group Inc)

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