Common use of Credit Documentation Clause in Contracts

Credit Documentation. Subject to the proviso contained in Clause 11.5 the Grantor may, without responsibility to the Participant: (a) exercise or refrain from exercising any or all of its rights, powers and discretions arising under or in connection with the Credit Documentation; (b) agree to any variation or waiver of the terms of the Credit Documentation; (c) and perform any other acts under the Credit Documentation as it in its discretion sees fit. except that the Grantor shall not, without the prior written consent of the Participant, take such action as would result in or any variation to any Relevant Facility B Repayment Date, or any variation to an amount or a change in the currency of, any Facility B Repayment Instalment scheduled to be paid on such date.