Certain Rights of the Agent. The Agent may request instructions from the Required Lenders at any time. If the Agent requests instructions from the Required Lenders with respect to any action or inaction, it shall be entitled to await instructions from the Required Lenders. No Lender shall have any right of action based upon the Agent’s action or inaction in response to instructions from the Required Lenders.
Appears in 6 contracts
Samples: Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (American Railcar Industries, Inc.)
Certain Rights of the Agent. The Agent may request instructions from the Required Lenders at any time. If the Agent requests instructions from the Required Lenders with respect to any action or inaction, it shall be entitled to await instructions from the Required Lenders. No Lender shall have any right of action based upon the Agent’s 's action or inaction in response to instructions from the Required Lenders.
Appears in 2 contracts
Samples: Loan and Security Agreement (American Railcar Industries, Inc./De), Loan and Security Agreement (American Railcar Industries, Inc./De)
Certain Rights of the Agent. The Agent may request instructions from the Required Lenders at any time. If the Agent requests instructions from the Required Lenders with respect to any action or inaction, it the Agent shall be entitled to await instructions from the Required LendersLenders before such action or inaction. No Lender shall have any right of action based upon the Agent’s 's action or inaction in response to instructions from the Required Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Alterra Healthcare Corp), Loan and Security Agreement (Chi Energy Inc)
Certain Rights of the Agent. The Without limitation to any other provision hereof, the Agent may request instructions from the Required Lenders at any time. If the Agent requests instructions from the Required Lenders with respect to any action or inaction, it the Agent shall be entitled to await instructions from the Required Lenders. No Lender shall have any right of action based upon the Agent’s Lenders before such action or inaction and shall be entitled to request and obtain an indemnity of all Lenders satisfactory to the Agent against all costs, liability and expenses which Agent may suffer or incur in response to instructions from the Required Lendersconnection with such matters.
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Certain Rights of the Agent. The Agent may request instructions from the Required Lenders at any time. If the Agent requests instructions from the Required Lenders with respect to any action or inaction, it the Agent shall be entitled to await instructions from the Required LendersLenders before such action or inaction. No Lender The Lenders shall have any no right of action based upon the Agent’s 's action or inaction in response to instructions from the Required Lenders.
Appears in 1 contract
Certain Rights of the Agent. The Without limitation to any other --------------------------- provision hereof, the Agent may request instructions from the Required Lenders at any time. If the Agent requests instructions from the Required Lenders with respect to any action or inaction, it the Agent shall be entitled to await instructions from the Required Lenders. No Lender shall have any right of action based upon the Agent’s Lenders before such action or inaction and shall be entitled to request and obtain an indemnity of all Lenders satisfactory to the Agent against all costs, liability and expenses which Agent may suffer or incur in response to instructions from the Required Lendersconnection with such matters.
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