Lenders' Decisions. The Lenders agree as among themselves that any decisions or elections to be made by the Lenders (and not Administrative Agent) under this Agreement and the other Loan Documents shall be made by the Required Lenders, except in the case, if any, where unanimity or a specific different number or percentage of the Lenders is expressly required under this Agreement or any other Loan Documents (use of the terms “Lenders” in any of the Loan Documents, without an express provision for different voting rights other than as set forth in the definition of Required Lenders, does not imply that unanimous consent is thereby required). Administrative Agent may, at its election, request any determination, vote, consent or approval by the Lenders in writing or orally (by telephone or in person). In addition, if any request by Administrative Agent for the Lenders’ determination or approval hereunder is made in writing and such writing contains written notice to the Lenders requesting a response within ten (10) Business Days, or longer, from the date the Lenders are deemed to have received notice as herein provided (and setting forth the actual date of the last day of the Lender reply period), then the Lenders shall use reasonable efforts to reply within the applicable reply period, provided, that if any such Lender does not reply within the applicable reply period, such Lender shall be deemed not to have approved of or consented to or concurred with such recommendation or determination.
Lenders' Decisions. Until a Loan Assignment is made, all Lenders' Decisions shall be made solely by FINOVA. After a Loan Assignment is made, any Lenders' Decisions which may be made pursuant to the Loan Instruments by Lenders or as to which the Lenders shall have the right to consent shall be made as set forth in the applicable Lender Addition Agreements; provided, however, that (i) except as set forth in clause (ii) below, such Lender Addition Agreements shall provide that any holder or holders of 67% or more of the Principal Balance shall have the right to make all Lenders' Decisions and to consent to any matter arising under the Loan Instruments without obtaining the consent of any other holder or holders of the Principal Balance and (ii) the Lender Addition Agreements may provide that the consent of all Lenders shall be required for Lenders' Decisions relating to (A) increasing the amount of the Loan, (B) extending the Maturity Date, (C) altering the interest rates applicable to or the repayment terms of the Loan or (D) amending Article VII or Article IX.
Lenders' Decisions. Until a Loan Assignment is made, all Lenders' Decisions shall be made solely by FINOVA. After a Loan Assignment is made, any Lenders' Decisions which may be made pursuant to the Loan Instruments by Lenders or as to which the Lenders shall have the right to consent shall be made as set forth in the applicable Lender Addition Agreements.
Lenders' Decisions. (a) Any amendment to this Agreement relating to the following matters, and the granting of any waiver or consent by the Lenders in respect of such matters, shall require the unanimous agreement of the Lenders:
Lenders' Decisions. 5.2.1 The decisions that correspond to the Lenders under this Agreement shall be adopted, save when otherwise expressly provided for in this Agreement, by the Majority Lenders. Any decision adopted by the Majority Lenders that amend or waive any of the terms and conditions of this Agreement shall be binding upon each and every one of the Lenders.
Lenders' Decisions. 85 28. INDEMNITIES.......................................................... 86 29. MISCELLANEOUS........................................................ 87 30.
Lenders' Decisions. Lenders agree as among themselves that any decisions or elections to be made by Lenders (and not any Agent) under this Agreement and the other Loan Documents shall be made by the Required Lenders, except in the case, if any, where a specific different number or percentage of Lenders is expressly required under this Agreement or any other Loan Documents (use of the terms "Lenders" in any of the Loan Documents, without an express provision for different voting rights other than as set forth in the definition of Required Lenders, does not imply that unanimous consent is thereby required). Administrative Agent may, at its election, request any determination, vote, consent or approval by Lenders in writing or orally (by telephone or in person), and Administrative Agent shall be entitled to take or refrain from taking any action if it has received the oral or written approval of those Lenders which would satisfy the requirements set forth in the definition of Required Lenders, without having to contact or solicit the vote of any other Lenders. In addition, if any request by Administrative Agent for Lenders' determination or approval hereunder is made in writing and such writing contains written notice to CREDIT AGREEMENT PAGE 84 91 Lenders requesting a response within five Business Days, or longer, from the date Lenders are deemed to have received notice as herein provided (and setting forth the actual date of the last day of the Lender reply period), then Lenders shall use reasonable efforts to reply within the applicable reply period, provided, that if any such Lender does not reply within the applicable reply period, such Lender shall be deemed not to have approved of or consented to or concurred with such recommendation or determination.
Lenders' Decisions. 53 ARTICLE X.................................................................... 54
Lenders' Decisions. Until a Loan Assignment is made, all Lenders' Decisions shall be made solely by FINOVA. After a Loan Assignment is made, any Lenders' Decisions which may be made pursuant to the Loan Instruments by Lenders or as to which the Lenders shall have the right to consent shall be made as set forth in the applicable Lender Addition Agreements but in any event by not less than 51% of all Lenders nor more than 66.67% of all Lenders, except that the unanimous consent of all Lenders shall be required to (i) increase the Revolving Loan Commitment or the Principal Balance of the Term Loan, (ii) compromise the Principal Balance or alter the rate of interest payable on or fees payable with respect to the Loans, (iii) postpone any date fixed for any payment of principal or interest on any Loan, (iv) amend or modify this Section 9.5 or (iv) release any of the Security Interests except in connection with a Permitted Asset Sale or other disposition permitted under Section 7.12.
Lenders' Decisions. All Lender's Decisions shall be made by the Requisite Lenders, except that notices under subsection 8.1.2(b) and waivers of any Event of Default arising thereunder shall be given and made only by LaSalle in its sole discretion.
