Bankruptcy of Borrower. In the event of a bankruptcy by the Borrower, the Lenders shall act through Administrative Agent to petition the court, make any motion for relief from the automatic stay, participate in any appropriate creditors' committee, vote on a plan of reorganization or pursue other remedies or actions in accordance with the approval of the Requisite Lenders.
Appears in 3 contracts
Samples: Term Credit Agreement (General Growth Properties Inc), Revolving and Term Credit Agreement (General Growth Properties Inc), Revolving Credit Agreement (General Growth Properties Inc)
Bankruptcy of Borrower. In the event of a bankruptcy by the Borrower, the Lenders shall act through Administrative Agent to petition the court, make any motion for relief from the automatic stay, participate in any appropriate creditors' committee, vote on a plan of reorganization or pursue other remedies or actions in accordance with the approval of the Requisite Majority Lenders.
Appears in 2 contracts
Samples: Assignment Agreement (Great Lakes Reit Inc), Assignment Agreement (Great Lakes Reit Inc)
Bankruptcy of Borrower. In the event of a bankruptcy by the Borrower, the Lenders shall act through Administrative Agent to petition the court, make any motion for relief from the automatic stay, participate in any appropriate creditors' committee, vote on a plan of reorganization or pursue other remedies or actions in accordance with the approval of the Requisite Required Lenders or all of the Lenders, as circumstances dictate.
Appears in 1 contract
Bankruptcy of Borrower. In the event of a bankruptcy by the Borrower, the Lenders shall act through Administrative Agent to petition the court, make any motion for relief from the automatic stay, participate in any appropriate creditors' committee, vote on a plan of reorganization or pursue other remedies or actions in accordance with the approval of the Requisite Majority Lenders.
Appears in 1 contract
Bankruptcy of Borrower. In the event of a bankruptcy by the ---------------------- Borrower, the Lenders shall act through Administrative Agent to petition the court, make any motion for relief from the automatic stay, participate in any appropriate creditors' committee, vote on a plan of reorganization or pursue other remedies or actions in accordance with the approval of the Requisite Lenders.
Appears in 1 contract
Samples: Revolving Credit Agreement (General Growth Properties Inc)
Bankruptcy of Borrower. In the event of a bankruptcy by the Borrower, the Lenders Banks shall act through Administrative Agent to petition the court, make any motion for relief from the automatic stay, participate in any appropriate creditors' committee, vote on a plan of reorganization or pursue other remedies or actions in accordance with the approval of the Requisite LendersRequired Banks.
Appears in 1 contract
Samples: Assignment and Assumption Agreement (Essex Property Trust Inc)
