Written Directions. Agent or Collateral Agent may at any time request written directions from all the Holders with respect to (i) any interpretation of this Agreement, the Notes and the Security Documents, or (ii) any action to be taken or not to be taken hereunder or thereunder and may withhold any action until such directions have been received from the Requisite Holders. Agent and Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement in accordance with a direction of the Requisite Holders under the terms of this Agreement and such request and any action taken or withheld pursuant to such direction shall be binding upon all the Holders.
Written Directions. The Borrower shall be entitled to rely on any written direction believed by it (acting reasonably) to be given by the Facility Agent or the Security Agent, as the case may be, as having been authorised, to the extent required by this Agreement, by all the Finance Parties. SCHEDULE V THE SECURITY AGENT
Written Directions. The Agent may at any time request written directions from all the Lenders with respect to (i) any interpretation of this Agreement and the other Loan Documents, or (ii) any action to be taken or not to be taken hereunder or thereunder and may withhold any action until such directions have been received from the Requisite Lenders. The Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement in accordance with a direction of the Requisite Lenders under the terms of this Agreement and such request and any action taken or withheld pursuant to such direction shall be binding upon all the Lenders.
Written Directions. Agent or Collateral Agent may at any time request written directions from Noteholder with respect to (i) any interpretation of this Agreement, the Note and the other Loan Documents, or (ii) any action to be taken or not to be taken hereunder or thereunder, and may withhold any action until such directions have been received from the Noteholder. Agent and Collateral Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement in accordance with a direction of Noteholder under the terms of this Agreement.
Written Directions. It is understood and agreed by the parties and by any person who may become a beneficiary hereunder in this trust that the Trustee will deal with the trust property including cash or other assets of any kind which may have become subject to the trust only when authorized to do so in writing. The Trustee shall be entitled to rely upon any writing, telegram, fax, resolution, notice, message, consent, waiver, certificate, letter, statement, order, request or other document or conversation by telephone or otherwise reasonably believed by it to be genuine and correct and to have been signed, sent or made by the proper person or persons. The Trustee shall be fully justified in failing or refusing to take any action hereunder with respect to any conflicting demands or claims which the Trustee may become aware of regarding the rights of any of the parties hereto or of any money, property or instruments deposited herein or affected hereby unless it shall first be indemnified to its satisfaction by the beneficiaries against any and all liability and expense which may be incurred by it by reason of taking or continuing to take such action. On the written direction of the party or parties designated herein as having the power of direction, the Trustee will make deeds for, or deeds conveying directly to a trust Grantee, or mortgages or trust deeds (which may include a waiver of the right of redemption from sale under an order or decree of foreclosure) or execute leases or otherwise deal with the title to the trust property including cash or other assets subject to the trust. The beneficiaries, by written instrument delivered to the Trustee, may revoke the foregoing power of direction and designate the person thereafter to exercise the power. Such instrument shall be signed by all the then beneficiaries. The Trustee shall not be required to inquire into the propriety of any direction.
Written Directions. A Participant should periodically instruct the Committee in writing concerning the allocation of accounts under his limited direction between the investment funds established under Section 20.3. A change in the allocation of the account(s) investment among the investment funds may be made by written notice to the Committee on its prescribed form only during the three (3) week period preceding April 1 and October 1 of each Plan Year or at such other times as may be set by the Committee. All changes in allocation of investment funds made shall be effective as no later than three (3) business day following the receipt of such notice by the Trustee. The Participant shall also have the right to designate among the investment funds to which current contributions by the Employer allocated to Subtrust B into the SelectBenefit Daily Valuation Account on his behalf are to be allocated. Current contributions allocated to a Participant's SelectBenefit Daily Valuation Account shall be allocated among the investment choices in the same proportion as his existing account balances are allocated to such choices in the absence of written direction to do otherwise.
Written Directions. Decisions rendered at Level One which are unsatisfactory to the aggrieved person, and all decisions rendered at Level Two and Three of the grievance procedure, shall be in writing setting forth the decisions and the reasons therefore and shall be transmitted promptly to all parties in interest and to the Association.
