Common use of Certain Rights of the Agents Clause in Contracts

Certain Rights of the Agents. If any Agent requests instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan 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 Lenders; and such Agent shall not incur liability to any Lender by reason of so refraining. Without limiting the foregoing, neither any Lender nor the holder of any Note shall have any right of action whatsoever against such Agent as a result of such Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of the Required Lenders.

Appears in 3 contracts

Samples: Abl Credit Agreement (United States Steel Corp), Abl Credit Agreement (United States Steel Corp), Abl Credit Agreement (United States Steel Corp)

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

Appears in 3 contracts

Samples: Revolving Credit Agreement (Corn Products International Inc), Revolving Credit Agreement (Corn Products International Inc), Credit Agreement (United Surgical Partners International Inc)

Certain Rights of the Agents. If any Agent requests shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan 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 LendersLenders (or such larger number of Lenders as may be required pursuant to Section 13.12); and such Agent shall not incur liability to any Lender Person by reason of so refraining. Without limiting the foregoing, neither any no Lender nor the and no holder of any Note shall have any right of action whatsoever against such any Agent as a result of such Agent acting or refraining from acting hereunder or under any other Loan Credit Document in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

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

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

Appears in 2 contracts

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

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

Appears in 2 contracts

Samples: Credit Agreement (Choicepoint Inc), Revolving Credit Agreement (Choicepoint Inc)

Certain Rights of the Agents. If any an Agent requests shall request instructions from the Lenders or the Required Lenders (as the case may be) with respect to any act or action (including the failure to act) in connection with this Agreement or any the other Loan DocumentDocuments, such Agent shall be entitled to refrain from such act or taking such action unless and until such the Agent shall have received written instructions from the Lenders or the Required Lenders; , as applicable, and such the Agent shall not incur liability to any Lender Person by reason of so refraining. Without limiting the foregoing, neither any no Lender nor the holder of any Note shall have any right of action whatsoever against such an Agent as a result of such Agent acting or refraining from acting hereunder or under any this Agreement and the other Loan Document Documents in accordance with the instructions of the Required Lenders, or, to the extent required by Section 8.2, all of the Lenders.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Postmedia Network Canada Corp.), Revolving Credit Agreement (Postmedia Network Canada Corp.)

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

Appears in 2 contracts

Samples: Revolving Credit Agreement (Delek US Holdings, Inc.), Revolving Credit Agreement (Delek US Holdings, Inc.)

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

Appears in 1 contract

Samples: Revolving Credit Agreement (Choicepoint Inc)

Certain Rights of the Agents. If any Agent requests shall request instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan 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 Lenders; and such no Agent shall not incur liability to any Lender or the Credit Parties or any of their Subsidiaries by reason of so refraining. Without limiting the foregoing, neither any Lender nor the holder of any Note shall have any right of action whatsoever against such any Agent as a result of such Agent acting or refraining from acting 123 hereunder or under any other Loan Credit Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (CVR Partners, Lp)

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

Appears in 1 contract

Samples: Term Loan Agreement (Interface Inc)

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

Appears in 1 contract

Samples: Credit Agreement (Williams Scotsman International Inc)

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