Common use of Lender Actions Against Collateral Clause in Contracts

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, Guarantor or any other obligor hereunder, under the Security Documentation or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc)

AutoNDA by SimpleDocs

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against BorrowerBorrowers, Guarantor or any other obligor hereunder, under the Security Documentation or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Century Casinos Inc), Credit Agreement (Century Casinos)

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, Guarantor Borrowers or any other obligor hereunder, under the Security Documentation or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Ameristar Casinos Inc)

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, Guarantor the REIT, any Pledgor Subpartnership or any other obligor hereunder, under the Security Documentation Mortgage Documents or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Smith Charles E Residential Realty Inc)

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, Guarantor Guarantors or any other obligor hereunder, under the Security Documentation or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 1 contract

Samples: Construction and Reducing Revolving Credit Agreement (Monarch Casino & Resort Inc)

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, Guarantor Borrower or any other obligor hereunder, under the Security Documentation or REIT under any other of the Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Paragon Group Inc)

AutoNDA by SimpleDocs

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against BorrowerBorrowers, Guarantor or any other obligor hereunder, under the Security Documentation or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Black Hawk Gaming & Development Co Inc)

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, Guarantor Borrower or any other obligor hereunder, under the Security Documentation or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of the Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Century Casinos Inc /Co/)

Lender Actions Against Collateral. Each Lender agrees that it will not take any action, nor institute any actions or proceedings, against Borrower, the REIT, any Guarantor Subpartnership or any other obligor hereunder, under the Security Documentation Mortgage Documents or under any other Loan Documents with respect to exercising claims against or rights in any Collateral without the consent of Requisite Lenders.

Appears in 1 contract

Samples: Credit Agreement (Prudential Bache Equitec Real Estate Partnership)

Time is Money Join Law Insider Premium to draft better contracts faster.