Common use of All Lenders Clause in Contracts

All Lenders. Any amendment to or consent or waiver under this agreement or any Credit Document that purports to accomplish any of the following must be by an instrument in writing executed by Borrowers and Administrative Agent and executed (or approved, as the case may be) by each Lender: (i) Extends the due date or decreases the amount of any scheduled payment or amortization of the Obligation beyond the date specified in the Credit Documents; (ii) decreases any rate or amount of interest, fees, or other sums payable to Administrative Agent or Lenders under this agreement (except such reductions as are contemplated by this agreement); (iii) changes the definition of “Commitment,” “Commitment Percentage,” “Required Lenders,” or “Pro Rata Part;” (iv) increases any one or more Lenders’ Commitments; or (v) changes this clause (b) or any other matter specifically requiring the consent of all Lenders under this agreement.

Appears in 2 contracts

Samples: Credit Agreement (PMC Commercial Trust /Tx), Credit Agreement (PMC Commercial Trust /Tx)

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All Lenders. Any amendment to or consent or waiver under this agreement or any Credit Document that purports to accomplish any of the following must be by an instrument in writing executed by Borrowers Borrower and Administrative Agent and executed (or approved, as the case may be) by each Lender: (i) Extends the due date or decreases the amount of any scheduled payment or amortization of the Obligation beyond the date specified in the Credit Documents; (ii) decreases any rate or amount of interest, fees, or other sums payable to Administrative Agent or Lenders under this agreement (except such reductions as are contemplated by this agreement); (iii) changes the definition of "Commitment,” “" "Commitment Percentage,” “" "Required Lenders," or "Pro Rata Part;" (iv) increases any one or more Lenders’ Commitments' Commitment; or (v) changes this clause (b) or any other matter specifically requiring the consent of all Lenders under this agreement.

Appears in 2 contracts

Samples: Credit Agreement (PMC Capital Inc), Credit Agreement (PMC Commercial Trust /Tx)

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All Lenders. Any amendment to or consent or waiver under this agreement or any Credit Document that purports to accomplish any of the following must be by an instrument in writing executed by Borrowers Borrower and Administrative Agent and executed (or approved, as the case may be) by each Lender: (i) Extends the due date or decreases the amount of any scheduled payment or amortization of the Obligation beyond the date specified in the Credit Documents; (ii) decreases any rate or amount of interest, fees, or other sums payable to Administrative Agent or Lenders under this agreement (except such reductions as are contemplated by this agreement); (iii) changes the definition of “Commitment"Borrowing Base,""Commitment,” “" "Commitment Percentage,” “" "Required Lenders," or "Pro Rata Part;" (iv) increases any one or more Lenders’ Commitments' Commitment; or (v) changes this clause (b) or any other matter specifically requiring the consent of all Lenders under this agreement.

Appears in 1 contract

Samples: Credit Agreement (PMC Commercial Trust /Tx)

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