Exercise of Certain Remedies. Except with respect to the exercise of setoff rights of any Lender in accordance with Section 11.1, the proceeds of which are applied in accordance with this Agreement, each Lender agrees that it will not take any action, nor institute any actions or proceedings, against the Borrower or with respect to any Loan Document, without the prior written consent of the Required Lenders or, as may be provided in this Agreement or the other Loan Documents, with the consent of the Agent.
Exercise of Certain Remedies. Administrative Agent agrees that it will not deliver a “notice of exclusive control” or similar documentation under any deposit account control agreement or securities account control agreement except in accordance with Section 5.11 of the Credit Agreement. Administrative Agent agrees that unless an Event of Default has occurred and is continuing, it shall not exercise remedies under the powers granted to it under any Collateral Access Agreement.
Exercise of Certain Remedies. The Parties agree that significant costs will be incurred by the County, the ECSC and the Bills to maintain the insurance coverages required by this 2013 Construction Coordinating Agreement and the 2013 Stadium Lease. Accordingly, each Party agrees to pursue all available recoveries under such policies with respect to any loss suffered by, as applicable, an indemnified party and covered, in whole or in part, by such insurance policies before asserting any claim for Losses against another Party or its Affiliates.
Exercise of Certain Remedies. Notwithstanding anything to the contrary contained herein, except as the Required Term Lenders shall otherwise agree with respect to any action to be taken by the Agent pursuant to this Article 9, the Agent shall demand payment of the Obligations and Agent shall exercise all rights and remedies of the Lender Group under the Loan Documents or applicable law, including, but not limited to, by suit in equity, action at law or other appropriate proceeding, and, if such amount shall have become due, by declaration or otherwise, proceed to enforce the payment thereof or any other legal or equitable right of the Lender Group, and commence and pursue such other Enforcement Actions as the Agent in good xxxxx xxxxx appropriate (x) with respect to Events of Default described in Section 8.1 (in each case to the extent relating to payments in respect of the Term Loan only) or Sections 8.4 or 8.5, promptly upon receipt of notice, or, with respect to the Term Priority Collateral in connection with any such Event of Default, as directed by the Required Term Lenders, and (y) otherwise, within sixty (60) days after the date of the receipt by the Agent of written notice executed and delivered by the Required Term Lenders or by the Term Agent on behalf of Required Term Lenders requesting that the Agent commence Enforcement Actions (the “Term Loan Action Notice”), provided, that:
