Common use of ACTIONS REQUIRING OR ON DIRECTION OF MAJORITY LENDERS Clause in Contracts

ACTIONS REQUIRING OR ON DIRECTION OF MAJORITY LENDERS. Except as otherwise provided in this Agreement, the Consent or direction of the Majority Lenders is required for any amendment, waiver, or modification of any Loan Document.

Appears in 29 contracts

Samples: Loan and Security Agreement (Hastings Entertainment Inc), Loan and Security Agreement (Casual Male Retail Group Inc), Loan and Security Agreement (Casual Male Retail Group Inc)

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ACTIONS REQUIRING OR ON DIRECTION OF MAJORITY LENDERS. Except as otherwise provided in this Credit Agreement, the Consent or direction of the Majority Lenders is required for any amendment, waiver, or modification of any Loan Document.

Appears in 4 contracts

Samples: Credit Agreement (BTHC VII Inc), Subordinated Credit Agreement (Whitehall Jewelers Holdings, Inc.), Term Loan Credit Agreement (Whitehall Jewellers Inc)

ACTIONS REQUIRING OR ON DIRECTION OF MAJORITY LENDERS. Except as otherwise provided in this Agreement, the Consent or direction of the Majority Lenders is required for any amendment, waiver, or modification of any Loan DocumentDocument and for the Agent to give an Acceleration Notice upon the occurrence of any Event of Default other than a Payment Default or an Event of Default described in Section 10:10-12.

Appears in 1 contract

Samples: Loan and Security Agreement (Homebase Inc)

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ACTIONS REQUIRING OR ON DIRECTION OF MAJORITY LENDERS. Except as otherwise provided in this Agreement, the Consent or direction of the Majority Lenders is required for any amendment, waiver, waiver or modification of any Loan Document.

Appears in 1 contract

Samples: Jacobson Stores Inc

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