Common use of Certain Rights of the Agents Clause in Contracts

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

Appears in 9 contracts

Samples: Credit Agreement (Doubletree Corp), Credit Agreement (FSC Semiconductor Corp), Credit Agreement (Frontline Capital Group)

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

Appears in 4 contracts

Samples: Credit Agreement (Flowers Foods Inc), Credit Agreement (Flowers Foods Inc), Credit Agreement (Flowers Foods Inc)

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

Appears in 3 contracts

Samples: Credit Agreement (Eye Care Centers of America Inc), Credit Agreement (Eye Care Centers of America Inc), Credit Agreement (Too Inc)

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

Appears in 3 contracts

Samples: Credit Agreement (Galaxy Fund /De/), Credit Agreement (Galaxy Vip Fund), Credit Agreement (Galaxy Fund Ii)

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

Appears in 3 contracts

Samples: Credit Agreement (Corporate Express Inc), Credit Agreement (Extended Stay America Inc), Security Agreement (Extended Stay America Inc)

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

Appears in 2 contracts

Samples: Pledge Agreement (Sky Chefs Argentine Inc), Pledge Agreement (Sky Chefs Argentine Inc)

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

Appears in 2 contracts

Samples: Credit Agreement (Zurn Industries Inc), Credit Agreement (Zurn Industries Inc)

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

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (R&b Falcon Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Acme Metals Inc /De/)

Certain Rights of the Agents. If any Agent shall request instructions from the Required Banks with respect to any act or action (including failure to act) in connection with this Agreement or any other Credit Document, such Agent shall be entitled -133- 141 to refrain from such act or taking such action unless and until such Agent shall have received instructions from the Required Banks; and such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Bank or the holder of any Note shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Banks.

Appears in 1 contract

Samples: Pledge Agreement (Doubletree Corp)

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

Appears in 1 contract

Samples: Credit Agreement (Zurn Industries Inc)

Certain Rights of the Agents. If any Agent shall request instructions from the Required Banks with respect to any act or action (including failure to act) in connection with this Agreement or any other Credit Document, such Agent shall be entitled to refrain from such act or taking such action unless and until such Agent shall have received instructions from the Required Banks; and such neither Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Bank or the holder of any Note shall have any right of action whatsoever against any either Agent as a result of such Agent acting or refraining from acting hereunder or under any other Credit Document in accordance with the instructions of the Required Banks.. 139 C/M 11752.0000 414856.1

Appears in 1 contract

Samples: Credit Agreement (Chartwell Leisure Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Nicholas Applegate Fund Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Extended Stay America Inc)

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

Appears in 1 contract

Samples: Pledge Agreement (Extended Stay America Inc)

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