Common use of Requisite Lender Consent Clause in Contracts

Requisite Lender Consent. The consent of the Requisite Lenders shall be required for the following actions, waivers and amendments: (i) the waiver of any Event of Default described in Sections 5.1 other than those requiring the consent of the Unanimous Lenders pursuant to Section 7.2(a)(x) above; (ii) the waiver of Borrower's obligation to pay the late fees set forth i▇ ▇▇▇▇▇▇n 2A.3; (iii) actions taken by Agent under Section 2B.2(b) that contradict the advice of Agent's Inspecting Consultant or the waiver or amendment of any of the provisions set forth in Sections 2B.2(a) concerning the release of Retainage, Section 2B.5 concerning disbursement of the Development Fee, Section 2B.7 concerning funding limitations, Section 2B.7(A) concerning loan balancing requirements, and Section

Requisite Lender Consent. The consent of the Requisite Lenders shall be required for the following actions, waivers and amendments: (i) the waiver of any Event of Default described in Sections 5.1 other than those requiring the consent of the Unanimous Lenders pursuant to Section 7.2(a)(x) above; (ii) the waiver of Borrower's obligation to pay the late fees set forth i▇ ▇▇▇▇▇▇n in Section 2A.3; (iii) actions taken by Agent under Section 2B.2(b) that contradict the advice of Agent's Inspecting Consultant or the waiver or amendment of any of the provisions set forth in Sections 2B.2(a) concerning the release of Retainage, Section 2B.5 concerning disbursement of the Development Fee, Section 2B.7 concerning funding limitations, Section 2B.7(A) concerning loan balancing requirements, and Section