Common use of Consent and Direction Clause in Contracts

Consent and Direction. By its signature below, each of the Purchasers, collectively constituting 100% of the Purchasers, hereby consents to the terms of this Agreement and directs the Administrative Agent to consent to the terms of this Agreement and to direct the Security Trustee to execute this Agreement and take any and all further action necessary or appropriate to give effect to the transactions contemplated hereby. In reliance on the immediately preceding sentence, by its signature below, the Administrative Agent hereby consents to the terms of this Agreement and directs the Security Trustee to execute this Agreement and to take any and all further action necessary or appropriate to give effect to the transactions contemplated thereby.

Appears in 1 contract

Sources: Note Purchase Agreement (Fly Leasing LTD)

Consent and Direction. By its signature below, each of the PurchasersBanks, collectively constituting 100% of the PurchasersBanks, hereby consents to the terms of this Agreement and directs the Administrative Agent to consent to the terms of this Agreement and to direct the Security Trustee to execute this Agreement and take any and all further action necessary or appropriate to give effect to the transactions contemplated hereby. In reliance on the immediately preceding sentence, by its signature below, the Administrative Agent hereby consents to the terms of this Agreement and directs the Security Trustee to execute this Agreement and to take any and all further action necessary or appropriate to give effect to the transactions contemplated thereby. The rights, protections, immunities and indemnities afforded to the Security Trustee pursuant to the Facility Agreement are hereby incorporated in this Agreement as though explicitly set forth herein.

Appears in 1 contract

Sources: Credit Agreement (Fly Leasing LTD)

Consent and Direction. By its signature below, each of the Purchasers, collectively constituting 100% of the Purchasers, hereby consents to the terms of this Agreement and directs the Administrative Agent to consent to the terms of this Agreement and to direct the Security Trustee to execute this Agreement and take any and all further action necessary or appropriate to give effect to the transactions contemplated hereby. In reliance on the immediately preceding sentence, by its signature below, the Administrative Agent hereby consents to the terms of this Agreement and directs the Security Trustee to execute this Agreement and to take any and all further action necessary or appropriate to give effect to the transactions contemplated thereby. The rights, protections, immunities and indemnities afforded to the Security Trustee pursuant to the Facility Agreement are hereby incorporated in this Agreement as though explicitly set forth herein.

Appears in 1 contract

Sources: Note Purchase Agreement (Fly Leasing LTD)