Common use of Actions Requiring Required Buyers’ Consent Clause in Contracts

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections 22.3 and 22.5, require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Documents which arise after the occurrence of an Event of Default.

Appears in 5 contracts

Samples: Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/), Master Repurchase Agreement (Horton D R Inc /De/)

AutoNDA by SimpleDocs

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections 22.3 Section 6 and 22.5, Section 22.8 require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6Sections 6.1 and 6.6 or elsewhere in this Agreement or the other Repurchase Documents; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Documents which that arise after the occurrence of an Event of Default. 22.8.

Appears in 3 contracts

Samples: Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pultegroup Inc/Mi/)

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections Section 22.3 and Section 22.5, require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Documents which arise after the occurrence of an Event of Default.

Appears in 3 contracts

Samples: Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (NVR Inc), Master Repurchase Agreement (NVR Inc)

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections Section 22.3 and Section 22.5, require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6Sections 6.1 and 6.6; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Documents which arise after the occurrence of an Event of Default.

Appears in 2 contracts

Samples: Master Repurchase Agreement (MDC Holdings Inc), Master Repurchase Agreement (MDC Holdings Inc)

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections 22.3 Section 6 and 22.5, Section 22.8 require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6Sections 6.1 and 6.6 or elsewhere in this Agreement or the other Repurchase Documents; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Documents which that arise after the occurrence of an Event of Default.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Pultegroup Inc/Mi/), Master Repurchase Agreement (Pulte Homes Inc/Mi/)

AutoNDA by SimpleDocs

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections 22.3 Section 6 and 22.5, Section 22.8 require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6Sections 6.1 and 6.6 or elsewhere in this Agreement or the other Transaction Documents; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Transaction Documents which that arise after the occurrence of an Event of Default.

Appears in 1 contract

Samples: Master Repurchase Agreement (Pultegroup Inc/Mi/)

Actions Requiring Required Buyers’ Consent. All amendments hereto, waivers or actions taken hereunder that are not described in Sections 22.3 Section 6 and 22.5, Section 22.8 require the written consent or ratification of the Required Buyers except for actions that are specifically reserved to the Administrative Agent under Section 6Sections 6.1 and 6.6 or elsewhere in this Agreement or the other Transaction Documents; provided that no amendments, waivers or actions taken hereunder that relate to the rights or obligations of the Administrative Agent shall be effective without the prior written consent of the Administrative Agent. The Administrative Agent will, at the direction of the Required Buyers, but may not, without the consent of the Required Buyers, take any enforcement action or exercise any remedies under this Agreement and the Repurchase Transaction Documents which that arise after the occurrence of an Event of Default. 22.8.

Appears in 1 contract

Samples: Master Repurchase Agreement (M/I Homes, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.