Common use of Action Without Vote Clause in Contracts

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent or, with respect to Subsection 15.10.3(b) hereof, the Letter of Credit Bank and the Administrative Agent, may take the following actions without obtaining the consent of the Syndication Parties or the Voting Participants: (a) Determining (i) whether the conditions to a 5-Year Advance have been met, and (ii) the amount of such 5-Year Advance; (b) Determining (i) whether the conditions and procedures as set forth in Article 4 hereof for issuance of a Letter of Credit have been properly satisfied, (ii) the amount of such Letter of Credit and (iii) the determination and implementation of any LC Separation Arrangements; (c) Determining whether the Bid Advance conditions and procedures as set forth in Article 3 hereof have been properly satisfied.

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent or, with respect to Subsection 15.10.3(b16.10.4(b) hereof, the Letter of Credit Bank and the Administrative Agent, may take the following actions without obtaining the consent of the Syndication Parties or the Voting Participants: (a) Determining (i) whether the conditions to a 5-Year an Advance have been met, and (ii) the amount of such 5-Year Advance; (b) Determining (i) whether the conditions and procedures as set forth in Article 4 5 hereof for issuance of a Committed Letter of Credit have been properly satisfied, satisfied and (ii) the amount of such Letter of Credit and (iii) the determination and implementation of any LC Separation ArrangementsCredit; (c) Determining whether the Bid Advance conditions and procedures as set forth in Article 3 4 hereof have been properly satisfied.