Common use of Requisite Lenders’ Consent Clause in Contracts

Requisite Lenders’ Consent. Except as provided in Sections 2.24 or 5.10, subject to the additional requirements of Sections 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided that Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing Bank.

Appears in 3 contracts

Samples: Credit and Guaranty Agreement (Aeroflex Inc), Credit and Guaranty Agreement (Hologic Inc), Credit and Guaranty Agreement (Hologic Inc)

AutoNDA by SimpleDocs

Requisite Lenders’ Consent. Except as provided in Sections 2.24 or 5.10, subject Subject to the additional requirements of Sections 10.5(b) and 10.5(c)) and save as otherwise provided in this Agreement, no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Holdco Guarantor or Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided that Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing BankLender.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (3com Corp), Credit and Guaranty Agreement (3com Corp)

Requisite Lenders’ Consent. Except as provided in Sections 2.24 or 5.10, subject Subject to the additional requirements of Sections Section 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite LendersLenders and the Borrower or the applicable Credit Party, as the case may be; provided that Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing BankLender.

Appears in 2 contracts

Samples: Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC), Credit and Guaranty Agreement (Och-Ziff Capital Management Group LLC)

Requisite Lenders’ Consent. Except as provided in Sections 2.24 or 5.10, subject to the additional requirements of Sections 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided that the Administrative Agent may, with the consent of the Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or the Issuing Bank.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Hologic Inc)

Requisite Lenders’ Consent. Except as provided in Subject to Sections 2.24 or 5.10, subject to the additional requirements of 2.17 and Sections 10.5(b), 10.5(c) and 10.5(c10.5(d), no amendment, modification, termination or waiver of any provision of the Credit 105 Documents, or consent to any departure by any Credit Party Borrower therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided that , except the Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement (i) to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender Lender, (ii) to enter into additional or Issuing Banksupplemental Collateral Documents, and (iii) to release Collateral in accordance with Section 9.8(a) of this Agreement and the Collateral Documents.

Appears in 1 contract

Samples: Credit Agreement (Tiptree Inc.)

Requisite Lenders’ Consent. Except as expressly provided otherwise in Sections 2.24 or 5.10, the Intercreditor Agreement and subject to the additional requirements of Sections 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided Lenders provided, that Administrative Agent may, with the consent of Borrower Agent only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing BankLender.

Appears in 1 contract

Samples: Revolving Loan and Guaranty Agreement (Fedders Corp /De)

AutoNDA by SimpleDocs

Requisite Lenders’ Consent. Except as expressly provided otherwise in Sections 2.24 or 5.10, the Intercreditor Agreement and subject to the additional requirements of Sections 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided Lenders provided, that Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing BankLender.

Appears in 1 contract

Samples: Term Loan and Guaranty Agreement (Fedders Corp /De)

Requisite Lenders’ Consent. Except as provided in Sections 2.24 or 5.10, subject Subject to the additional requirements of Sections 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite LendersLenders and the Issuing Bank; provided that Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing Bank.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Amerigroup Corp)

Requisite Lenders’ Consent. Except as provided in Sections 2.24 or Section 5.10, subject to the additional requirements of Sections 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders; provided that Administrative Agent may, with the consent of Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or Issuing BankLender.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Aeroflex Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.