Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (a) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (b) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 8 contracts
Samples: Facilities Agreement (Iron Mountain Inc), Senior Facilities Agreement (Yell Finance Bv), Facilities Agreement (Sirona Dental Systems, Inc.)
Majority Lenders’ instructions. (a) 6.1 Unless a contrary indication appears in a Finance Operative Document, the Facility Agent shall (a) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (b) shall not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 3 contracts
Samples: Loan Assignment Agreement (Intrepid Aviation LTD), Credit Agreement (Intrepid Aviation LTD), Credit Agreement (Intrepid Aviation LTD)
Majority Lenders’ instructions. (a) 22.7.1 Unless a contrary indication appears in a Finance Document, the Facility Agent shall (a) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (b) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 3 contracts
Samples: Agreement (Aramex International LTD), Agreement (Aramex International LTD), Mezzanine Bridge Facility Agreement (Aramex International LTD)
Majority Lenders’ instructions. (a) Unless a contrary indication appears expressly stated in a the provisions of the Finance DocumentDocuments, the Facility Agent shall (ai) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 2 contracts
Samples: Agreement (China Netcom Group CORP (Hong Kong) LTD), Agreement (China Netcom Group CORP (Hong Kong) LTD)
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Transaction Document, the Facility Agent shall (ai) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising exercise any right, power, authority or discretion vested in it as Facility Agent) Agent in accordance with any instructions given to it by the Majority Lenders or, if so instructed by the Majority Lenders, refrain from exercising any right, power, authority or discretion vested in it and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 2 contracts
Samples: Facility Agreement (Mechel OAO), Agreement (Mechel OAO)
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (a) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (b) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 2 contracts
Samples: Syndicated Revolving Credit Agreement (Koninklijke KPN N V), Credit Agreement (Koninklijke KPN N V)
Majority Lenders’ instructions. (a1) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (ai) act exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 2 contracts
Samples: Agreement (Central European Distribution Corp), Harmony Gold Mining Co LTD
Majority Lenders’ instructions. (a) 26.7.1 Unless a contrary indication appears in a Finance Document, the Facility Agent shall (ai) act exercise any right, power or authority vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 1 contract
Samples: Sibanye Gold LTD
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent and Security Agent shall (a) act in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent or as Security Agent) and (b) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 1 contract
Samples: Multicurrency Term and Revolving Facilities Agreement (Octel Corp)
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (ai) act exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) Agent and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.. LD885224/26
Appears in 1 contract
Samples: Dual Currency Term Facilities Agreement (Xstrata PLC)
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (ai) act exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (bii) not be liable for any - 84 - act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 1 contract
Samples: Facilities Agreement (Abb LTD)
Majority Lenders’ instructions. (a) 26.7.1 Unless a contrary indication appears in a Finance Document, the Facility Agent shall (a) act exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (b) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 1 contract
Samples: Facilities Agreement (Hungarian Telephone & Cable Corp)
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (ai) act exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) Agent and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.. LD857960/38
Appears in 1 contract
Samples: Multicurrency Term and Revolving Facilities Agreement (Xstrata PLC)
Majority Lenders’ instructions. (a) 24.7.1 Unless a contrary indication appears in a Finance Document, the Facility Agent shall shall: (a) act exercise any right, power, authority or discretion vested in it as the Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as the Facility Agent) ); and (b) not be liable to any other Finance Party for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.
Appears in 1 contract
Samples: Agreement (Commercial Metals Co)
Majority Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the Facility Agent shall (ai) act exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Majority Lenders (or, if so instructed by the Majority Lenders, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) Agent and (bii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of the Majority Lenders.. LD885224/33
Appears in 1 contract
