SECTION OTHER LOAN DOCUMENTS Clause Samples
SECTION OTHER LOAN DOCUMENTS. Each Lender hereby further authorizes -------------------- Administrative Agent, on behalf of and for the benefit of Lenders, to enter into the other Loan Documents , and each Lender agrees to be bound by the terms of the other Loan Documents; provided that Administrative Agent shall not enter -------- into or consent to any amendment, modification, supplementation, termination or waiver of any other Loan Document without the prior consent of Requisite Lenders (or such other Lenders as may be re- SECOND PRIORITY LOAN AGREEMENT ------------------------------ quired to give such instructions under Section 11.05 hereof). Each Lender hereby ------------- further authorizes Collateral Agent (and under the terms of the Intercreditor Agreement Collateral Agent is authorized), on behalf of and for the benefit of Lenders, to enter into each Collateral Document as secured party, and each Lender agrees to be bound by the terms of each Collateral Document; provided -------- that Collateral Agent shall not enter into or consent to any amendment, modification, supplementation, termination or waiver of the Intercreditor Agreement without the prior consent of Requisite Lenders (or such other Lenders as may be required to give such instructions under Section 11.05 hereof); ------------- provided further, however, that, without further written consent or -------- ------- ------- authorization from Lenders, Collateral Agent may execute any documents or instruments necessary to (a) release any Lien encumbering any item of Collateral that is the subject of a sale or other disposition of assets permitted by this Agreement or as permitted or required under the Intercreditor Agreement or the Collateral Documents or to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 11.05 hereof) have otherwise ------------- consented or (b) release any Guarantor from its Guaranty hereunder if all of the capital stock of such Guarantor is sold to any Person pursuant to a sale or other disposition permitted hereunder or as permitted under the Intercreditor Agreement or to which Requisite Lenders (or such other Lenders as may be required to give such consent under Section 11.05 hereof) have otherwise ------------- consented. Anything contained in any of the Collateral Documents to the contrary notwithstanding, Borrower, Administrative Agent, Collateral Agent and each Lender hereby agree that (X) no Lender shall have any right individually to reali...
