Common use of Acting at the Direction of the Required Lenders Clause in Contracts

Acting at the Direction of the Required Lenders. The Lenders hereby acknowledge that neither Agent shall be under any duty to take any discretionary action permitted to be taken by it pursuant to the provisions of this Agreement unless it shall be requested in writing to do so by the Required Lenders.

Appears in 3 contracts

Samples: Credit Agreement (Hudson Respiratory Care Inc), Credit Agreement (Hudson Respiratory Care Inc), Credit Agreement (Century Maintenance Supply Inc)

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Acting at the Direction of the Required Lenders. The Lenders hereby acknowledge that neither no Agent shall be under any duty to take any discretionary action permitted to be taken by it pursuant to the provisions of this Agreement unless it shall be requested in writing to do so by the Required Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Cross Country Inc), Credit Agreement (Cross Country Healthcare Inc)

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