Agreement of Lenders. The Administrative Agent and the Lenders -------------------- agree to comply with their respective covenants, if any, set forth in the Security Documents.
Agreement of Lenders. The Lenders agree, subject to and upon the terms and conditions of this Agreement, to the Request in Recital (E).
Agreement of Lenders. The agreement of the Lenders contained in Clause 3.1 shall have effect on and from the Effective Date.
Agreement of Lenders. To the extent that International’s Investments in New UK Holdco and New Cayman Entity in connection with their formation prior to the effectiveness of this Amendment results in an Event of Default, the Lenders party hereto waive such Event of Default. This waiver is limited to the circumstances set forth in this Section, and the Lenders do not waive any other Default or Event of Default now existing or hereafter arising. This Section shall not establish any custom or course of dealing among the Borrowers and the Lenders. Nothing in this Section authorizes the Borrowers or any of their Subsidiaries to make Investments in New UK Holdco or New Cayman Entity prior to the effectiveness of this Amendment in an aggregate amount in excess of U.S. $60,000.
Agreement of Lenders. Lenders hereby agree to forebear, until July 14, 2000, exercising any remedies under the Loan Documents as a result of the Events of Default caused by Borrowers failure to be in compliance with the covenants set forth in subsection 6.6A(ii) or subsection 6.6A(iii) of the Credit Agreement for the Fiscal Quarters ended March 31, 2000 and June 30, 2000, as long as no other holder of Indebtedness of any Loan Party has accelerated such Indebtedness or is otherwise exercising any remedies with respect thereto. Such delay or failure by Agents or Lenders to exercise during such time any of their other rights and remedies, shall not impair any power, right or privilege granted to Agents or Lenders in the Credit Agreement or any other Loan Document or by law available to them or be construed to be a waiver of or acquiescence in any Event of Default under the Credit Agreement or any other Loan Document or a forbearance of the exercise of remedies as a result of any other Event of Default under the Credit Agreement.
Agreement of Lenders. Each Consenting Lender that is also a party to the Online Resources Incremental Agreement hereby acknowledges and agrees that, as of the Amendment Effective Date, any Loans made thereunder constitute “Initial Term Loans” (as defined in the Credit Agreement as amended hereby) and shall no longer be deemed to be “Incremental Term Loans” (as defined in the Credit Agreement, as amended hereby).
Agreement of Lenders. Each of the Lenders hereby agrees with each other Lender that if it should receive or obtain any payment (whether by voluntary payment, by realization upon collateral, by the exercise of rights of set-off or banker’s lien, by counterclaim or cross action, or by the enforcement of any rights under this Agreement, any of the other Financing Documents or otherwise) in respect of the Obligations in a greater amount than such Lender would have received had such payment been made to the Collateral Agent and been distributed among the Lenders as contemplated by Section 3.4 of the Collateral Agency Agreement in respect of proceeds and avails of collateral then in that event the Lender receiving such disproportionate payment shall purchase for cash without recourse from the other Lenders an interest in the Obligations of the Company to such Lenders in such amount as shall result in a distribution of such payment as contemplated by said Section 3.4. In the event any payment made to a Lender and shared with the other Lenders pursuant to the provisions hereof is ever recovered from such Lender, the Lenders receiving a portion of such payment hereunder shall restore the same to the payor Lender, but without interest.
Agreement of Lenders. The undersigned are each a “Lender” under the Loan Agreement and pursuant to Section 9(c) of the Guaranty each hereby consent to the waivers of the financial covenants as set forth in the Agreement. WITNESS signature and seal of the undersigned as of the date of the Agreement. LENDERS:
Agreement of Lenders. The Lenders hereby agree to take such action as may be necessary to effect the subordination as provided in this Section 12. Upon request of the Borrower, and upon being furnished a certificate of an officer of the Borrower stating that one or more named Persons are holders of Senior Debt, or the representative or representatives of such holders, or the trustee or trustees under which any instruments evidencing such Senior Debt may have been issued, and specifying the amount and nature of such Senior Debt, the Lenders shall enter into a written agreement or agreements with the Borrower and the Person or Persons named in such certificate, providing that such Person or Persons are entitled to all the rights and benefits of this Section 12 Nothing herein shall impair the rights of any holder of Senior Debt who has not entered into such an agreement.
Agreement of Lenders. The undersigned are each a “Lender” under the Loan Agreement and pursuant to Section 9(c) of the Guaranty each hereby consent to the waivers of the financial covenants as set forth in the Agreement. WITNESS signature and seal of the undersigned as of the date of the Agreement. LENDERS: WITNESS: CHEVY CHASE BANK, as Lender /s/ Cxxxx Xxxxxx By: /s/ Cxxxxx X. Xxxxxxx (SEAL) Cxxxxx X. Xxxxxxx Senior Vice President WITNESS: MB FINANCIAL BANK, N.A., as Lender /s/ Bxxxx Xxxxxxxx By: /s/ Jxxx X. Xxxxx (SEAL) Name: Jxxx X. Xxxxx Title: Senior Vice President
