Common use of approved by the Majority Clause in Contracts

approved by the Majority. Lenders or approved by the Lenders means approved in writing by the Agent acting on the instructions of the Majority Lenders or, as the case may be, all of the Lenders (on such conditions as they may respectively impose) and otherwise approved means approved in writing by the Agent (on such conditions as the Agent may impose) and approval and approve shall be construed accordingly;

Appears in 4 contracts

Samples: Agreement (Globus Maritime LTD), Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

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approved by the Majority. Lenders means approved in writing by the Agent acting on the instructions of the Majority Lenders (on such conditions as they may respectively impose) and otherwise approved or approved by the Lenders means approved in writing by the Agent acting on the instructions of the Majority Lenders or, as the case may be, all of the Lenders (on such conditions as they may respectively impose) and otherwise approved means approved in writing by the Agent (on such conditions as the Agent may impose) and approval and approve shall be construed accordingly;

Appears in 3 contracts

Samples: Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Partners LP), Facilities Agreement (GasLog Ltd.)

approved by the Majority. Lenders or approved by the Lenders means approved in writing by the Agent acting on the instructions of the Majority Lenders or, as the case may bebe and subject always to clause 41.3, all of the Lenders (on such conditions as they may respectively impose) and otherwise approved means approved in writing by the Agent (on such conditions as the Agent may impose) and approval and approve shall be construed accordingly;

Appears in 2 contracts

Samples: Agreement (Hafnia LTD), Agreement (Hafnia LTD)

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approved by the Majority. Lenders or approved by the Lenders means approved in writing by the Agent acting on the instructions of the Majority Lenders or, as the case may be, all of the Lenders (on such conditions as they may respectively impose) and otherwise approved means approved in writing by the Agent acting on the instructions of all of the Lenders (on such conditions as the Agent may impose) and approval and approve shall be construed accordingly;

Appears in 1 contract

Samples: Facility Agreement (GasLog Ltd.)

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