Actions by Agents Sample Clauses

Actions by Agents. The duties and responsibilities of each Agent hereunder are only those expressly set forth herein. The relationship between each Agent and the Banks is and shall be that of agent and principal only, and nothing contained in this Agreement or any of the other Loans Documents shall be construed to constitute either Agent as a trustee for any Bank. Without limiting the generality of the foregoing, no Agent shall be required to take any action with respect to any Default or Event of Default, except as expressly provided in Article VI.
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Actions by Agents. The obligations of the Agents hereunder are only those expressly set forth herein and neither the Agents nor the Lead Arrangers shall have or be deemed to have any fiduciary relationship with any Lender, and no implied covenants, functions, responsibilities, duties, obligations or liabilities shall be read into this Agreement or otherwise exist with respect to the Agents or the Lead Arrangers. Without limiting the generality of the foregoing, no Agent shall be required to take any action with respect to any Default, except as expressly provided in Article 6 or Section 7.10.
Actions by Agents. All rights and remedies of Landlord and Tenant under this Lease or that may be provided by law may be executed by the applicable party in its own name, individually, or in the name of its agent, and all legal proceedings for the enforcement of any such rights or remedies, including those set forth in SECTION 15, may be commenced and prosecuted to final judgment and execution by the applicable party in its own name or in the name of its agent. The applicable party will, upon the other's request, provide written evidence of the authority of any agent of Landlord to act on Landlord's behalf.
Actions by Agents. In case one or more Events of Default have occurred and shall be continuing, and whether or not acceleration of the Obligations shall have occurred, the Agents shall, if (a) so requested by the Majority Banks and (b) the Majority Banks have provided to the Agents such additional indemnities and assurances against expenses and liabilities as the Agents may reasonably request, proceed to enforce the provisions of any of the Other Documents authorizing the sale or other disposition all or any part of any collateral and exercise all or any such other legal and equitable and other rights or remedies as it may have in respect of any such collateral. The Majority Banks may direct the Agents in writing as to the method and the extent of any such sale or other disposition or other rights or remedies as it may have in respect of such collateral, the Banks hereby agreeing to indemnify and hold the Agents harmless from all liabilities incurred in respect of all actions taken or omitted in accordance with such directions; PROVIDED, HOWEVER, that the Agents need not comply with any such direction to the extent that the Agents reasonably believe the Agents' compliance with such direction to be unlawful or commercially unreasonable in any applicable jurisdiction. In any event, the Banks agree, as among themselves, that the Agents shall not, without the consent or approval of the Majority Banks, (i) consent or agree to any amendment or waiver of any material term, condition or covenant contained in this Agreement or the Other Documents (other than those provisions that may only be amended or waived with the unanimous approval of the Banks under Section 9.14), (ii) declare any Event of Default or determine that a Material Adverse Effect has occurred, (iii) exercise any right or remedy with respect to the acceleration or collection of the Obligations or (iv) take any other action which requires the consent or approval of the Banks under this Agreement or the Other Documents.
Actions by Agents. The obligations of the Administrative Agent and of the Syndication Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, neither the Administrative Agent nor the Syndication Agent shall be required to take any action with respect to any Default or Event of Default, except as expressly provided in Section 8.
Actions by Agents. The Agents shall be fully justified in failing or refusing to take any action under this Credit Agreement as they reasonably deem appropriate unless they shall first have received such advice or concurrence of the Lenders and shall be indemnified to its reasonable satisfaction by the Lenders against any and all liability and expense which may be incurred by them by reason of taking or continuing to take any such action. The Agents shall in all cases be fully protected in acting, or in refraining from acting, under this Credit Agreement or any of the Loan Documents in accordance with a request of the Lenders, and such request and any action taken or failure to act pursuant thereto shall be binding upon the Lenders and all future holders of the Notes or any Letter of Credit Participation.
Actions by Agents. 82 Section 9.04. Consultation with Experts...................................................................... 83 Section 9.05.
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Actions by Agents. The obligations of each of the Agents under the Financing Documents are only those expressly set forth therein with respect to it. Without limiting the generality of the foregoing, none of the Agents shall be required to take any action with respect to any Default, except as expressly provided in Article 8 hereof and in the Collateral Documents.
Actions by Agents. All steps which must or may be taken by the Agents in connection with the closing of the Offering, with the exception of the matters relating to termination of selling obligations, may be taken by Dundee on behalf of itself and the other Agents and the execution of this Agreement by the other Agents and by the Corporation shall constitute the Corporation’s authority and obligation for accepting notification of any such steps from, and for delivering the definitive certificates representing the Shares to or to the order of, Dundee. Dundee shall fully consult with the other Agents with respect to all notices, waivers, extensions or other communications to or with the Corporation.
Actions by Agents. 68 10.3 Indemnification...........................................69 10.4 Reimbursement.............................................70 10.5 Non-Reliance on Agents and Other Lenders..................70 10.6 Resignation or Removal of an Agent........................71 10.7
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