Non-Consenting Lender Sample Clauses

Non-Consenting Lender. (i) Each Borrower, LC Issuer and each Lender grants to Administrative Agent the option (without any obligation, however), to purchase all (but not less than all) of a Non-Consenting Lender’s portion of the Revolving Commitments, the Loans, and LC Obligations owing to it and any Notes held by it and all of its rights and obligations hereunder and under the other Loan Documents at a price equal to the outstanding principal amount of the Loans and LC Obligations for unreimbursed draws payable to such Non-Consenting Lender plus any accrued but unpaid interest on such Loans and any accrued but unpaid commitment fee arising under Section 3.2(b) and Letter of Credit Fees arising under Section 3.2(c) owing to such Non-Consenting Lender plus the amount necessary to Cash Collateralize any Letters of Credit issued by such Non-Consenting Lender (if any). If Administrative Agent exercises its option under this Section, the Non-Consenting Lender shall promptly execute and deliver to Administrative Agent any Assignment Agreement and other agreements and documentation which Administrative Agent shall determine are necessary to effect such assignment and which are provided to such Non-Consenting Lender. If the Non-Consenting Lender fails for whatever reason to execute and delivery such Assignment Agreement and other documentation within three (3) Business Days after the date of its receipt thereof, then Administrative Agent shall have the power to do so as power of attorney for such Non-Consenting Lender and any execution and delivery of such Assignment Agreement and such other documentation by Administrative Agent under such power of attorney shall binding upon such Non-Consenting Lender. Administrative Agent may assign its purchase option and powers under this Section to any Eligible Assignee if such assignment otherwise complies with the requirements of Section 14.1.
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Non-Consenting Lender. If any Lender does not consent (a “Non-Consenting Lender”) to a proposed amendment, waiver, consent or release with respect to any Loan Document that requires the consent of each Lender and that has been approved by the Majority Lenders, Parent Borrower may replace such Non-Consenting Lender in accordance with Section 10.12; provided that such amendment, waiver, consent or release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by Parent Borrower to be made pursuant to this paragraph).
Non-Consenting Lender. See §18.8.
Non-Consenting Lender has failed to consent to a proposed amendment, waiver, discharge or termination, which pursuant to the terms of Section 12.01 requires the consent of all of the Lenders affected or the Required Lenders and with respect to which the Required Lenders shall have granted their consent, then, provided that no Default or Event of Default then exists, the Borrower shall have the right (unless such Non-Consenting Lender grants such consent), at its own cost and expense, to replace such Non-Consenting Lender by requiring such Non-Consenting Lender to assign its Loans and Commitments to one or more assignees reasonably acceptable to the Administrative Agent, provided, that: (i) all Obligations of the Borrower owing to such Non-Consenting Lender being replaced shall be paid in full to such Non-Consenting Lender concurrently with such assignment and (ii) the replacement Lender shall purchase the foregoing by paying to such Non-Consenting Lender a price equal to the principal amount thereof plus accrued and unpaid interest thereon. In connection with any such assignment, the Borrower, the Administrative Agent, such Non-Consenting Lender and the replacement Lender shall otherwise comply with Section 12.06 (except that such Non-Consenting Lender shall not be obligated to pay any processing and recordation fee required pursuant thereto).
Non-Consenting Lender any Lender that does not approve any consent, waiver or amendment that (a) requires the approval of all affected Lenders in accordance with the terms of Subsection 11.4.1 (In General) and (b) has been approved by the Majority Lenders.
Non-Consenting Lender. The Borrower shall be entitled to cause each Non-Consenting Lender to assign its Advances and Commitments in full to one or more Persons selected by the Borrower so long as (a) each such Person is reasonably satisfactory to the Administrative Agent, (b) such Lender receives payment in full in cash of the outstanding principal amount of all Advances made by it and all accrued and unpaid interest thereon and all other amounts due and payable to such Lender as of the date of such assignment (including, without limitation, amounts owing pursuant to Sections 2.08, 2.10 and 9.04 and an amount equal to the premium that would be payable pursuant to Section 2.04 if such Non-Consenting Lender received a prepayment of all of its outstanding Advances on the date of such assignment) and (c) each such Person assignee agrees to accept such assignment and to assume all obligations of such Lender hereunder in accordance with Section 10.07.
Non-Consenting Lender. In connection with any such replacement, (i) if the Lender to be replaced is a Non-Consenting Lender, the Borrower shall pay to each Non-Consenting Lender, concurrently with the effectiveness of the respective assignment, the fee set forth in EXHIBIT 10.3 (2) Section 2.10(b) to the extent applicable and (ii) if any such Non-Consenting Lender or Defaulting Lender does not execute and deliver to the Administrative Agent a duly executed Assignment and Assumption Agreement reflecting such replacement within five (5) Business Days of the date on which the assignee Lender executes and delivers such Assignment and Assumption Agreement to such Non-Consenting Lender or Defaulting Lender, then such Non-Consenting Lender or Defaulting Lender shall be deemed to have executed and delivered such Assignment and Assumption Agreement without any action on the part of the Non-Consenting Lender or Defaulting Lender A Lender shall not be required to make any such assignment or delegation if, prior thereto, as a result of a waiver by such Lender or otherwise, the circumstances entitling the Borrower to require such assignment and delegation cease to apply.
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Non-Consenting Lender. Citibank has not approved the requested extension of the Maturity Date and, therefore, is deemed a Non-Consenting Lender as that term is defined in the Credit Agreement. Therefore, notwithstanding anything to the contrary set forth elsewhere herein, the extension of the Maturity Date pursuant to Section 1(a)(i) above shall not apply to the Commitment held by Citibank and the Maturity Date currently in effect (prior to giving effect to this Amendment) of April 18, 2026 shall continue to be the Maturity Date of the Commitment of Citibank, with the outstanding principal of all of Citibank’s Loans and L/C Advances, accrued interest thereon, accrued fees and all other amounts payable to Citibank under the Loan Documents remaining due and payable in full as of that date (i.e., April 18, 2026).
Non-Consenting Lender. Any Lender that does not approve or consent to any consent, waiver, modification or amendment requested by the Borrower, which request requires approval or consent of the Required Lenders, the Majority Lenders, all of the Lenders, or all of the Lenders directly affected thereby in accordance with the terms of this Agreement.
Non-Consenting Lender. For the avoidance of doubt, with respect to each Amendment Xx. 0 Xxxxxxxxxx, xxx Xxxxxxxxxx Xxxxxxx X Lender shall pay to each Amendment No. 1 Non-Consenting Lender an amount equal to the principal balance of all Tranche B Term Loans of such Amendment No. 1 Non-Consenting Lender and the Borrower shall pay to each such Amendment No. 1 Non-Consenting Lender all accrued and unpaid interest, to but excluding the Amendment No. 1 Effective Date, thereon and, upon such payment, the assignment of such Tranche B Term Loans to the Purchasing Tranche B Lender shall automatically become effective.
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