Certain Rights of the Agent. The Agent may request instructions from the Majority Lenders at any time. If the Agent requests instructions from the Majority Lenders with respect to any action or inaction, the Agent shall be entitled to await instructions from the Majority Lenders before such action or inaction. No Lender shall have any right of action based upon the Agent's action or inaction in response to instructions from the Majority Lenders.
Appears in 8 contracts
Samples: Credit Agreement (Mobile Mini Inc), Credit Agreement (Spinnaker Industries Inc), Credit Agreement (Safety 1st Inc)
Certain Rights of the Agent. The Agent may request instructions from the Majority Required Lenders at any time. If the Agent requests instructions from the Majority Required Lenders with respect to any action or inaction, the Agent it shall be entitled to await instructions from the Majority Lenders before such action or inactionRequired Lenders. No Lender shall have any right of action based upon the Agent's ’s action or inaction in response to instructions from the Majority Required Lenders.
Appears in 6 contracts
Samples: Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.), Loan and Security Agreement (Trade Desk, Inc.)
Certain Rights of the Agent. The Agent may request instructions from the Majority Required Lenders at any time. If the Agent requests instructions from the Majority Required Lenders with respect to any action or inaction, the Agent shall be entitled to await instructions from the Majority Required Lenders before such action or inaction. No Lender shall have any right of action based upon the Agent's action or inaction in response to instructions from the Majority Required Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Alterra Healthcare Corp), Loan and Security Agreement (Chi Energy Inc)
Certain Rights of the Agent. The Agent may request instructions from the Majority Required Lenders at any time. If the Agent requests instructions from the Majority Required Lenders with respect to any action or inaction, the Agent it shall be entitled to await instructions from the Majority Lenders before such action or inactionRequired Lenders. No Lender shall have any right of action based upon the Agent's action or inaction in response to instructions from the Majority Required Lenders.
Appears in 2 contracts
Samples: Loan and Security Agreement (American Railcar Industries, Inc./De), Loan and Security Agreement (American Railcar Industries, Inc./De)
Certain Rights of the Agent. The Agent may request --------------------------- instructions from the Majority Lenders at any time. If the Agent requests instructions from the Majority Lenders with respect to any action or inaction, the Agent shall be entitled to await instructions from the Majority Lenders before such action or inaction. No Lender shall have any right of action based upon the Agent's action or inaction in response to instructions from the Majority Lenders.
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Certain Rights of the Agent. The Agent may request instructions --------------------------- from the Majority Lenders at any time. If the Agent requests instructions from the Majority Lenders with respect to any action or inaction, the Agent shall be entitled to await instructions from the Majority Lenders before such action or inaction. No Neither the Issuing Bank, any Lender or any other Holder shall have any right of action based upon the Agent's action or inaction in response to instructions from the Majority Lenders.
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Certain Rights of the Agent. The Agent may request instructions from the Majority Lenders at any time. If the Agent requests instructions from the Majority Lenders with respect to any action or inaction, the Agent shall be entitled to await instructions from the Majority Lenders before such action or inaction. No Lender The Lenders shall have any no right of action based upon the Agent's action or inaction in response to instructions from the Majority Lenders.
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