No Action without Instructions. The Administrative Agent and the U.S. Collateral Agents shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any U.S. Loan Document or (ii) pursuant to instructions from the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 3 contracts
Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)
No Action without Instructions. The Administrative Agent and the U.S. International Collateral Agents Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any U.S. International Loan Document or (ii) pursuant to instructions from the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 2 contracts
Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)
No Action without Instructions. The Administrative Agent and the U.S. International Collateral Agents Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any U.S. International Loan 68 Document or (ii) pursuant to instructions from the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
No Action without Instructions. The Neither the Administrative Agent and nor the U.S. Collateral Agents Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any U.S. Loan Document or (ii) in the case of the Administrative Agent pursuant to instructions from the Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders)) or in the case of the Collateral Agent pursuant to instructions from the Primary Administrative Agent.
Appears in 1 contract
Samples: Guaranty and Security Agreement (Dayton Superior Corp)
