Common use of Action by the Administrative Agent Clause in Contracts

Action by the 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 VI.

Appears in 19 contracts

Samples: Assignment and Assumption Agreement (Trane Technologies PLC), Credit Agreement (Ingersoll-Rand PLC), Credit Agreement (Allegion PLC)

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Action by the 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 VI6.

Appears in 12 contracts

Samples: Credit Agreement (Allergan Inc), Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp)

Action by the 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 except, as expressly provided in Article VI6.

Appears in 6 contracts

Samples: Credit Agreement (Lyondell Chemical Co), Assignment and Assumption Agreement (Lyondell Chemical Co), Credit Agreement (Lyondell Chemical Co)

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Action by the 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, Default except as expressly provided in Article VI.

Appears in 1 contract

Samples: Credit Agreement (Honeywell Inc)

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