Administrative Decisions. Lead Lenders shall not, without written consent of Lenders, (1) release, or agree to the substitution of other security for any portion of the Real Property, Leasehold Rights and/or Collateral securing the Loans, (2) grant any release in favor of the Borrowers under the Loan Documents, or waive the Lenders’ rights to enforce the obligations of the Borrowers, (3) agree to the revision, modification or amendment of any of the Loan Documents, or (4) consent to or accept the cancellation or termination of any of the Loan Documents, except upon payment in full of each Loan. Subject to the foregoing limitations, and until the occurrence and declaration of an Event of Default under the Loan Documents and Borrowers failure to cure within twenty (20) days, Lead Lenders shall have the right to make decisions in connection with the day-to-day administration and servicing of the Loan, relating to inspections, review of financial data, and other matters of an ordinary nature involved in the administration and servicing of the Loan, without the Lenders’ prior review or approval.
Administrative Decisions. Lead Lender shall not, without written consent of Lender, which consent shall not be unreasonably withheld, (1) release, or agree to the substitution of other security for any portion of the Real Property and/or Collateral securing the Loans, (2) except as set forth in the Loan Documents, grant any release in favor of the Borrower under the Loan Documents, or waive the Lenders' rights to enforce the obligations of the Borrower, (3) agree to the revision, modification or amendment of any of the Loan Documents, or (4) consent to or accept the cancellation or termination of any of the Loan Documents except upon payment in full of each Loan. Subject to the foregoing limitations, and until the occurrence and declaration of an Event of Default under the Loan Documents and the Borrowers' failure to cure within twenty (20) days thereof, Lead Lender shall have the right to make decisions in connection with the day-to-day administration and servicing of the Loan, relating to inspections, review of financial data, and other matters of an ordinary nature involved in the administration and servicing of the Loan, without the Lenders' prior review or approval.
Administrative Decisions. The Department shall provide a copy of any and all administrative hearing level decisions, including Director’s decisions issued by the Department to all jurisdictions on a distribution list. City/Town may request to be on the distribution list by contacting the Department’s Cities Unit. Administrative decisions are Confidential Information and must be stored and destroyed in accordance with the Confidentiality Standards.
Administrative Decisions. The Chief Executive Officer is authorized to render decisions resolving questions of seniority, performance, and continuous service incident to the administration of this section.
Administrative Decisions. Lead Lenders shall not, without written consent of Lenders, (1) release, or agree to the substitution of other security for any portion of the Real Property, Leasehold Rights and/or Collateral securing the Loans, (2) grant any release in favor of the Borrowers under the Loan Documents, or waive the Lenders' rights to enforce the obligations of the Borrowers, (3) consent to or accept the cancellation or termination of any of the Loan Documents, except upon payment in full of each Loan. Subject to the foregoing limitations, and until the occurrence and declaration of an Event of Default under the Loan Documents and Borrowers failure to cure within twenty (20) days thereof, Lead Lenders shall have the right to make decisions in connection with the day-to-day administration and servicing of the Loans, relating to inspections, review of financial data, and other matters of an ordinary nature involved in the administration and servicing of the Loans, without the Lender's prior review or approval.
Administrative Decisions. All decisions made on an administrative level that affect the teaching staff directly will be put into writing and posted on faculty bulletins as soon as practicable after the decision has been made.
Administrative Decisions. A. The Court Executive Officer retains the right to render final decisions resolving issues related to this procedure.
Administrative Decisions. (A) In all questions regarding the degree of disability or the duration of same, the written medical opinion of the AUTHORITY physician will prevail.
Administrative Decisions. The P1 Intercreditor Agent and the P1 Collateral Agent (acting at the direction of the P1 Intercreditor Agent) may (without taking any Intercreditor Vote and without obtaining the Consent of any Designated Voting Party or other Senior Secured Party) Consent to or take (and may, as applicable, authorize the P1 Accounts Bank to Consent to or take) any Administrative Decision under the Common Terms Agreement, this Agreement, or any other P1 Collateral Document.
Administrative Decisions. As long as the conditions set forth in sub-sections 7.1(1), (2) and (3) are not met, all of the decisions relating to the administration of the Corporation’s affairs will be made by a majority of the directors, each of them having one vote. The chairman of the board of directors will not have a deciding vote.
