Common use of Action by Agents Clause in Contracts

Action by Agents. The obligations of each Agent under the Financing Documents are only those expressly set forth therein. Without limiting the generality of the foregoing, no Agent shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, as expressly provided in Article 6 and in the case of the Collateral Agent, as expressly provided for in the Security Agreements.

Appears in 3 contracts

Samples: Credit and Reimbursement Agreement (Orbital Sciences Corp /De/), Senior Credit Agreement (Orbital Sciences Corp /De/), Credit and Reimbursement Agreement (Orbital Sciences Corp /De/)

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Action by Agents. The obligations of each Agent of the Agents under the Financing Documents are only those expressly set forth thereintherein with respect to it. Without limiting the generality of the foregoing, no Agent none of the Agents 124 shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 8 hereof and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsDocuments.

Appears in 1 contract

Samples: Credit Agreement (Kindred Healthcare Inc)

Action by Agents. The obligations of each Agent under the Financing Documents hereunder are only those expressly set forth thereinherein. Without limiting the generality of the foregoing, no Agent shall be required to take any action with respect to any Event of Default, except, in the case of the Administrative Agent, as expressly provided in Article 6 and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsSection 9.

Appears in 1 contract

Samples: Credit Agreement (Overseas Shipholding Group Inc)

Action by Agents. The obligations of each Agent of the Agents under the Financing Documents are only those expressly set forth thereintherein with respect to it. Without limiting the generality of the foregoing, no Agent none of the Agents shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 hereof and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsDocuments.

Appears in 1 contract

Samples: Credit Agreement (Vencor Inc)

Action by Agents. The obligations of each Agent of the Agents under the Financing Documents are only those expressly set forth thereintherein with respect to it. Without limiting the generality of the foregoing, no Agent none of the Agents 113 shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 9 hereof and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsDocuments.

Appears in 1 contract

Samples: Credit Agreement (Vencor Inc)

Action by Agents. The obligations of each Agent of the ---------------- Agents under the Financing Documents are only those expressly set forth thereintherein with respect to it. Without limiting the generality of the foregoing, no Agent none of the Agents shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 8 hereof and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsDocuments.

Appears in 1 contract

Samples: Agreement (Vencor Inc)

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Action by Agents. The obligations of each Agent of the Agents under the Financing Documents are only those expressly set forth thereintherein with respect to it. Without limiting the generality of the foregoing, no Agent none of the Agents shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 VI hereof and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsDocuments.

Appears in 1 contract

Samples: Credit Agreement (Vencor Inc)

Action by Agents. The obligations of each Agent of the Agents under the Financing Documents are only those expressly set forth thereintherein with respect to it. Without limiting the generality of the foregoing, no Agent none of the Agents shall be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 8 hereof and in the case of the Collateral Agent, as expressly provided for in the Security AgreementsDocuments.

Appears in 1 contract

Samples: Crown Vantage Inc

Action by Agents. The obligations of each Agent the Agents under the Financing Documents are only those expressly set forth therein. Without limiting the generality of the foregoing, no the Administrative Agent shall not be required to take any action with respect to any Default, except, in the case of the Administrative Agent, except as expressly provided in Article 6 and in the case of the Collateral Agent, as expressly provided for in the Security Agreements6.

Appears in 1 contract

Samples: Credit Agreement (United Asset Management Corp)

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