Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following: (i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 13.13) or subject the Lenders to any additional obligations; (ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan; (iii) reduce the amount of any fees payable to the Lenders hereunder; (iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor; (v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 13.13); (vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section; (vii) modify the definition of the term “Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof; (viii) release any Guarantor from its obligations under the Guaranty; (ix) waive a Default under Section 11.1(a); or (x) release or dispose of any Collateral unless released or disposed of as permitted by, and in accordance with, Section 12.7.
Appears in 1 contract
Sources: Building Loan Agreement (Sunrise Senior Living Inc)
Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following:
(i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 13.1311.13) or subject the Lenders to any additional obligations;
(ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan;
(iii) reduce the amount of any fees payable to the Lenders hereunder;
(iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or ), for the payment of fees or any other obligations of Borrower or GuarantorLeasehold Mortgagor, or extend the expiration date of any Letter of Credit beyond the Maturity Date;
(v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 13.1311.13);
(vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section;
(vii) modify the definition of the term “Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof;
(viii) release any Guarantor from its obligations under the Guaranty;
(ix) waive a Default under Section 11.1(a9.1(a); or
(xix) release or dispose of any Collateral unless released or disposed of as permitted by, and in accordance with, Section 12.710.7.
Appears in 1 contract
Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following:
(i) 9.3.2.1 increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 13.139.6) or subject the Lenders to any additional obligations;
(ii) 9.3.2.2 reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan;
(iii) 9.3.2.3 reduce the amount of any fees payable to the Lenders hereunder;
(iv) 9.3.2.4 postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor;
(v) 9.3.2.5 change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 13.139.6);
(vi) 9.3.2.6 amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section;
(vii) 9.3.2.7 modify the definition of the term “Requisite Majority Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof;
(viii) 9.3.2.8 release any Guarantor from its obligations under the Guaranty;; or
(ix) 9.3.2.9 waive a an Event of Default under Section 11.1(a); or
(x) release or dispose of any Collateral unless released or disposed of as permitted by, and in accordance with, Section 12.77.1.1.
Appears in 1 contract
Sources: Fifth Modification Agreement (Ps Business Parks Inc/Ca)
Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following:
(i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 13.13) Article XIV or subject the Lenders to any additional obligations;
(ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan;
(iii) reduce the amount of any fees payable to the Lenders hereunder;
(iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor;
(v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 13.13Article XIV);
(vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section;
(vii) modify the definition of the term “Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof;
(viii) release any Guarantor from its obligations under the Guaranty;
(ix) waive a Default under Section 11.1(a)9.2; or
(x) release or dispose of any Collateral unless released or disposed of as permitted by, and in accordance with, Section 12.7.
Appears in 1 contract
Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following:
(i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 13.13) or subject the Lenders to any additional obligations;
(ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan;
(iii) reduce the amount of any fees payable to the Lenders hereunder;
(iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor;
(v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 13.13);
(vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section;
(vii) modify the definition of the term “Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof;
(viii) release any Guarantor from its obligations under the Guaranty;
(ix) waive a Default under Section 11.1(a); or
(x) release or dispose of any Collateral unless released or disposed of as permitted by, and in accordance with, Section 12.7.
Appears in 1 contract
Sources: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)