Common use of Certain Rights of the Agents Clause in Contracts

Certain Rights of the Agents. Each Agent shall have the right to request instructions from the Required Lenders at any time. If any Agent shall request instructions from the Required Lenders with respect to any act or action (including the failure to act) in connection with this Credit Agreement or the other Credit Documents, such Agent shall be entitled to refrain from such act or taking such action unless and until such Agent shall have received instructions from the Required Lenders and such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Williams Scotsman Inc)

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Certain Rights of the Agents. Each Agent shall have the right to request instructions from the Required Lenders at any time. If any Agent shall request instructions from the Required Lenders or the Required Lenders with respect to any act action or action actions (including the failure to act) in connection with this Credit Agreement or the other Letter of Credit DocumentsAgreement, such Agent shall be entitled to refrain from such act or taking such action act, unless and until such the Agent shall have received instructions from such Required Lenders; and the Required Lenders and such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting hereunder in accordance with the instructions of the Required LendersLenders or the Required Lenders where required by the terms of this Agreement or the Letter of Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Interface Inc)

Certain Rights of the Agents. Each Agent shall have the right to request instructions from the Required Lenders at any time. If any Agent shall request instructions from the Required Lenders or the Required Multicurrency Syndicated Lenders with respect to any act action or action actions (including the failure to act) in connection with this Credit Agreement or the other Letter of Credit DocumentsAgreement, such Agent shall be entitled to refrain from such act or taking such action act, unless and until such the Agent shall have received instructions from such Lenders; and the Required Lenders and such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting hereunder in accordance with the instructions of the Required LendersLenders or the Required Multicurrency Syndicated Lenders where required by the terms of this Agreement or the Letter of Credit Agreement.

Appears in 1 contract

Samples: Credit Agreement (Interface Inc)

Certain Rights of the Agents. Each Agent shall have the right to request instructions from the Required Lenders at any time. If any Agent shall request instructions from the Required Lenders with respect to any act action or action actions (including the failure to act) in connection with this Credit Agreement or the other Letter of Credit DocumentsAgreement, such Agent shall be entitled to refrain from such act or taking such action act, unless and until such the Agent shall have received instructions from such Lenders; and the Required Lenders and such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting hereunder in accordance with the instructions of the Required LendersLenders where required by the terms of this Agreement or the Letter of Credit Agreement.

Appears in 1 contract

Samples: Contribution Agreement (Dyersburg Corp)

Certain Rights of the Agents. Each Agent shall have If the right to request instructions from the Required Lenders at any time. If any Agent Agents shall request instructions from the Required Lenders with respect to any act action or action actions (including the failure to act) in connection with this Credit Agreement or Agreement, the other Credit Documents, such Agent Agents shall be entitled to refrain from such act or taking such action act, unless and until such Agent the Agents shall have received instructions from the Required Lenders Lenders; and such Agent the Agents shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent the Agents as a result of such Agent the Agents acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Security Agreement (Able Telcom Holding Corp)

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Certain Rights of the Agents. Each Agent shall have the right to request instructions from the Required Lenders at any time. If any Agent shall request instructions from the Required Lenders or the Required Lenders with respect to any act action or action actions (including the failure to act) in connection with this Credit Agreement or the other Credit DocumentsAgreement, such Agent shall be entitled to refrain from such act or taking such action act, unless and until such the Agent shall have received instructions from such Lenders; and the Required Lenders and such Agent shall not incur liability to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting hereunder in accordance with the instructions of the Required LendersLenders or the Required Lenders where required by the terms of this Agreement.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Vari Lite International Inc)

Certain Rights of the Agents. Each Agent shall have the right to request instructions from the Required Lenders at any time. If any Agent shall request instructions from the Required Lenders with respect to any act or action (including the failure to act) in connection with this Credit Agreement or the any other Credit DocumentsDocument, such Agent shall be entitled to refrain from such act or taking such action unless and until such Agent shall have received instructions from the Required Lenders Lenders; and such no Agent shall not incur liability to any Person Lender or the Credit Parties or any of their Subsidiaries by reason of so refraining. Without limiting the foregoing, no neither any Lender nor the holder of any Note shall have any right of action whatsoever against any Agent as a result of such Agent acting or refraining from acting 123 hereunder or under any other Credit Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (CVR Partners, Lp)

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