Common use of Certain Rights of the Agents Clause in Contracts

Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, any other Credit Document or the Hermes Cover, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required Lenders; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 43 contracts

Samples: Sixth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.), Credit Agreement (Norwegian Cruise Line Holdings Ltd.), Fourth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

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Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required Lenders; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender or the holder of any Note shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 37 contracts

Samples: Credit Agreement, Credit Agreement (Diamond S Shipping Inc.), Credit Agreement (Diamond S Shipping Inc.)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person Lender by reason of so refraining. Without limiting the foregoing, no neither any Lender nor the holder of any Note shall have any right of action whatsoever against the Agents such Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 8 contracts

Samples: Credit Agreement (Endeavour International Corp), Abl Credit Agreement (Par Petroleum Corp/Co), Credit Agreement (Endeavour International Corp)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents no Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no neither any Lender nor the holder of any Note shall have any right of action whatsoever against the Agents an Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 6 contracts

Samples: Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc), Credit Agreement (Mbia Inc)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender and no holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Starwood Hotel & Resorts Worldwide, Inc), Credit Agreement (Starwood Hotel & Resorts Worldwide Inc), Credit Agreement (Starwood Hotel & Resorts Worldwide Inc)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender and no holder of any Revolving Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders, or if required by Section 14.11, all of the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (Host Marriott L P), Credit Agreement (Host Marriott Corp/), Management Agreement (Host Hotels & Resorts, Inc.)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender nor any holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 4 contracts

Samples: Credit Agreement (RBS Global Inc), Credit Agreement (Centerpoint Energy Inc), Credit Agreement (Waters Corp /De/)

Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required Lenders; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender or the holder of any Note 100 shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

Samples: Intercreditor Agreement (Gener8 Maritime, Inc.), Credit Agreement (Gener8 Maritime, Inc.)

Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, any other Credit Document or the Hermes Cover, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required Lenders; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.. ​ -101- ​ ​ ​

Appears in 2 contracts

Samples: Fifth Supplemental Agreement (NCL CORP Ltd.), Fifth Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender and no holder of any Revolving Note or Term Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders, or if required by Section 14.11, the Required Tranche Lenders or all of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Host Hotels & Resorts L.P.), Credit Agreement (Host Hotels & Resorts, Inc.)

Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, any other Credit Document or the Hermes Cover, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required Lenders; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining ​ ​ -98- ​ ​ ​ ​ from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

Samples: Supplemental Agreement (NCL CORP Ltd.), Supplemental Agreement (Norwegian Cruise Line Holdings Ltd.)

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Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents Administrative Agent shall have received -107- 114 instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender or the holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Pledge and Security Agreement (Flowers Foods Inc)

Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, any other Credit Document or the Hermes Cover, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required Lenders; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Norwegian Cruise Line Holdings Ltd.)

Certain Rights of the Agents. If any of the Agents shall request instructions from the Required Lenders Banks with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents shall be entitled to refrain from such act or taking such action unless and until the Agents shall have received instructions from the Required LendersBanks; and the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender neither any Bank nor the holder of any Note shall have any right of action whatsoever against the Agents as a result of any of the Agents acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required LendersBanks.

Appears in 1 contract

Samples: Credit Agreement (Amtrol Inc /Ri/)

Certain Rights of the Agents. If any of the Agents Agent shall request ---------------------------- instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person Lender by reason of so refraining. Without limiting the foregoing, no Lender or the holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Big v Supermarkets Inc)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender and no holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.. - 156 - 163

Appears in 1 contract

Samples: Credit Agreement (Starwood Lodging Corp)

Certain Rights of the Agents. If any of the Agents Agent shall ---------------------------- request instructions from the Required Lenders with respect to any act or action (including any failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender or holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Waters Corp /De/)

Certain Rights of the Agents. If any of the Agents Agent shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement, Agreement or any other Credit Document or the Hermes CoverDocument, the Agents such Agent shall be entitled to refrain from such act or taking such action unless and until the Agents such Agent shall have received instructions from the Required Lenders; and the Agents such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender and no holder of any Note shall have any right of action whatsoever against the Agents any Agent as a result of any of the Agents such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders, or if required by Section 14.11, all of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Host Marriott L P)

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