Lender Consents. Each Lender party hereto (it being agreed that all of such Lenders constitute Required Lenders under the Credit Agreement) hereby (i) consents to the Administrative Agent delivering a direction in writing to the Collateral Trustee (it being agreed that such direction constitutes an Act of Required Secured Parties under the Collateral Trust Agreement) authorizing and directing the Collateral Trustee to execute Security Agreement Amendment No. 2 as set forth in the document attached as Exhibit B hereto on the Seventh Amendment Effective Date and (ii) approves the terms set forth herein and consents to the execution and delivery of Security Agreement Amendment No. 2 on the Seventh Amendment Effective Date.
Appears in 2 contracts
Sources: Credit Agreement (Peabody Energy Corp), Credit Agreement (Peabody Energy Corp)