Common use of Action by Administrative Agent Clause in Contracts

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 147 contracts

Samples: Loan Modification and Extension Agreement (Martin Marietta Materials Inc), Term Loan Credit Agreement (Duke Energy Florida, Llc.), Loan Modification and Extension Agreement (Martin Marietta Materials Inc)

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Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1, 7.5 and 7.6, Administrative Agent shall administer the Loans in the same manner as it administers its own loans.

Appears in 20 contracts

Samples: Revolving Credit Agreement (Erp Operating LTD Partnership), Revolving Credit Agreement (Equity Residential), Credit Agreement (Equity Residential)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1, 7.5 and 7.6, Administrative Agent shall administer the Loans in the same manner as it administers its own loans.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Prologis, L.P.), Revolving Credit Agreement (Prologis, L.P.), Term Loan Agreement (Prologis, L.P.)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.

Appears in 8 contracts

Samples: Term Loan Agreement (United States Steel Corp), One Year Term Loan Agreement (United States Steel Corp), Credit Agreement (Alliance Data Systems Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein, and the Administrative Agent shall not by reason of this Agreement be a trustee for any Bank. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 6 contracts

Samples: Credit Agreement (Marsh & McLennan Companies Inc), Credit Agreement (Marsh & McLennan Companies Inc), Credit Agreement (Marsh & McLennan Companies, Inc.)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 5 contracts

Samples: Credit Agreement (Blyth Inc), Credit Agreement (Praxair Inc), Credit Agreement (Blyth Inc)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 64.

Appears in 4 contracts

Samples: Credit Agreement (Litton Industries Inc), Credit Agreement (Litton Industries Inc), Short Term Credit Agreement (Litton Industries Inc)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Carramerica Realty Corp), Term Loan Agreement (Dow Chemical Co /De/), Revolving Credit Agreement (Carramerica Realty Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VII. The duties of the Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 8.1, 8.5 and 8.6, the Administrative Agent shall administer the Loans in the same manner as it administers its own loans.

Appears in 4 contracts

Samples: Revolving Credit Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Corp), Revolving Credit Agreement (Amb Property Lp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 66 and in the Collateral Documents.

Appears in 3 contracts

Samples: Exchange Debt Facility (Rite Aid Corp), RCF Facility Agreement (Rite Aid Corp), PCS Facility Agreement (Rite Aid Corp)

Action by Administrative Agent. The obligations of the Administrative each Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, none of the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.

Appears in 3 contracts

Samples: Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp), Credit Agreement (United States Steel Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action hereunder with respect to any Default or Event of Default, except as expressly provided in Article 6Sections 9.2 and 9.

Appears in 3 contracts

Samples: Credit Agreement (Lamson & Sessions Co), Credit Agreement (Lamson & Sessions Co), Credit Agreement (Lamson & Sessions Co)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 67. Section 8.

Appears in 3 contracts

Samples: Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp), Credit Agreement (Alliance Data Systems Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VII.

Appears in 2 contracts

Samples: Credit Agreement (Texas New Mexico Power Co), Credit Agreement (Valero Energy Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Loan Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 66 and in the Pledge Agreement.

Appears in 2 contracts

Samples: Term Loan Agreement (Rite Aid Corp), Term Loan Agreement (Rite Aid Corp)

Action by Administrative Agent. The ------------------------------ obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Carramerica Realty Corp), Credit Agreement (Anheuser Busch Companies Inc)

Action by Administrative Agent. The obligations of the ------------------------------ Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 2 contracts

Samples: Credit Agreement (Nationwide Financial Services Inc /Oh/), Credit Agreement (Duke Energy Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6XVIII.

Appears in 2 contracts

Samples: Loan and Security Agreement (NRI Real Token Inc.), Mezzanine Loan and Security Agreement (NRI Real Token Inc.)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article ‎Article 6.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Progress Energy Inc), Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under this Agreement are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 2 contracts

Samples: Credit Agreement (Ace LTD), Credit Agreement (Ace LTD)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Northstar Realty), Revolving Credit Agreement (Rait Investment Trust)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6the Loan Documents.

Appears in 2 contracts

Samples: Credit Agreement (Norfolk Southern Corp), Credit Agreement (Norfolk Southern Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6XI.

Appears in 1 contract

Samples: Credit Agreement (Berry Petroleum Co)

Action by Administrative Agent. The ------------------------------ obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 1 contract

Samples: Inventory Credit Agreement (Bethlehem Steel Corp /De/)

Action by Administrative Agent. The obligations of ------------------------------ the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.

Appears in 1 contract

Samples: Credit Agreement (Anheuser Busch Companies Inc)

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Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6SECTION 7.2.

Appears in 1 contract

Samples: Revolving Credit Agreement (Gc Companies Inc)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.8. 42

Appears in 1 contract

Samples: Bridge Loan Agreement (Ultramar Diamond Shamrock Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.. 36

Appears in 1 contract

Samples: 364 Day Credit Agreement (K N Energy Inc)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6.VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1,

Appears in 1 contract

Samples: Revolving Credit Agreement (Prologis, L.P.)

Action by Administrative Agent. The obligations of the ------------------------------ Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.

Appears in 1 contract

Samples: Credit Agreement (Kilroy Realty Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Event of Default or Unmatured Event of Default, except as expressly provided in Article 6.

Appears in 1 contract

Samples: Credit Agreement (TRW Inc)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6Section 7.

Appears in 1 contract

Samples: Bridge Credit Agreement (Bemis Co Inc)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Financing Documents are only those expressly set forth hereintherein with respect to it. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.

Appears in 1 contract

Samples: Bridge Loan Agreement (Aramark Worldwide Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Financing Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 68.

Appears in 1 contract

Samples: Credit Agreement (Valero Refining & Marketing Co)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6.. Section

Appears in 1 contract

Samples: Revolving Credit Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting 101 the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 6VI.

Appears in 1 contract

Samples: Credit Agreement (Meditrust Corp)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1, 7.5 and 7.6, Administrative Agent shall administer the Term Loans in the same manner as it administers its own loans.

Appears in 1 contract

Samples: Term Loan Agreement (Erp Operating LTD Partnership)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under the Financing Documents are only those expressly set forth hereintherein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 67.

Appears in 1 contract

Samples: Credit Agreement (Valero Energy Corp/Tx)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Event of Default, except as expressly provided in Article 6.X.

Appears in 1 contract

Samples: Loan Agreement (Uni Invest Usa LTD)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder under this Agreement are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article 66 and in the Pledge Agreement.

Appears in 1 contract

Samples: Term Loan Agreement (Ace LTD)

Action by Administrative Agent. The obligations of the Administrative Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article 6VI. The duties of Administrative Agent shall be administrative in nature. Subject to the provisions of Sections 7.1, 7.5 and 7.6, the Administrative Agent shall administer the Loans in the same manner as it administers its own loans.

Appears in 1 contract

Samples: Term Loan Agreement (Equity Office Properties Trust)

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