Actions to Preserve Collateral. Agent is hereby authorized by the Lenders on behalf of all Lenders, without the necessity of any notice to or further consent from any Lender, at any time and from time to time, to take any action with respect to any collateral 84 securing any of the Obligations which may be necessary to preserve and maintain such collateral or to perfect and maintain perfected the Liens upon such collateral.
Actions to Preserve Collateral. Agent is hereby authorized by the Banks on behalf of all Banks, without the necessity of any notice to or further consent from any Bank, at any time and from time to time, to take any action with respect to any collateral securing any of the Obligations which may be necessary to preserve and maintain such collateral or to perfect and maintain perfected the Liens upon such collateral; provided that Agent shall not, without the reasonable consent of the Required Banks, make protective advances (other than to pay real estate taxes and insurance premiums) in an aggregate amount in excess of $5,000,000 in any twelve (12)-month period.
