Common use of Additional Lender Consents Clause in Contracts

Additional Lender Consents. Notwithstanding the foregoing, none of the following may occur without the written consent of each Lender adversely affected thereby: (a) a reduction in the rate of interest on the Notes (other than (i) a reduction or waiver of default interest or (ii) a reduction arising from a Benchmark Replacement in accordance with §4.16); (b) an increase in the amount of the Commitments of the Lenders (except as provided in §2.12 or §18.1); (c) a forgiveness, reduction or waiver of the principal of any unpaid Loan or any interest thereon or fee payable under the Loan Documents; (d) a change in the amount of any fee payable to a Lender hereunder; (e) the postponement of any date fixed for any payment of principal of or interest on the Loans; (f) an extension of any applicable Maturity Date of any Class of Loans (except an extension of the Revolving Credit Maturity Date as provided in §2.13); (g) a change in the manner of distribution of any payments to the Lenders or the Agent; (h) the release of Borrower or any other Credit Party, except as otherwise provided in §5.2 or §5.4; (i) an amendment of the definition of Required Lenders or of any requirement for consent by all of the Lenders; (j) any modification to require a Lender to fund a pro rata share of a request for an advance of a Loan of any Class made by the Borrower other than based on its Applicable Percentage of such Class; (k) an amendment to the definition of the term “Required Class Lenders” as it relates to a Class of Lenders or modification in any other manner the number or percentage of a Class of Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof, in each case, solely with respect to such Class of Lenders, without the written consent of all of the Lenders in such class; (l) while any Term Loans remain outstanding (A) amend, modify or waive any provision of this Agreement if the effect of such amendment, modification or waiver is to require the Revolving Credit Lenders to make Revolving Credit Loans when such Lenders would not otherwise be required to do so, (B) change the amount of the Swing Loan Commitment, or (C) change the amount of the Letter of Credit Sublimit, in each case, without the written consent of the Revolving Credit Lenders constituting the Required Class Lenders of the Revolving Credit Lenders; (m) an amendment to the definition of Applicable Percentage, Revolving Credit Commitment Percentage or Term Commitment Percentage; (n) amendment to this §27; or (o) an amendment of any provision of this Agreement or the Loan Documents which requires the approval of all of the Lenders, the Required Lenders or the Required Lenders to require a lesser number of Lenders to approve such action; or (p) any change in criteria for the admission of any Real Estate as an Unencumbered Property.

Appears in 3 contracts

Samples: Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT, Inc.), Credit Agreement (Plymouth Industrial REIT Inc.)

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Additional Lender Consents. Notwithstanding the foregoing, none of the following may occur without the written consent of each Lender adversely affected thereby: (a) a reduction in the rate of interest on the Notes (other than (i) a reduction or waiver of default interest or (ii) a reduction arising from a Benchmark Replacement in accordance with §4.16interest); (b) an increase in the amount of the Commitments of the Lenders (except as provided in §2.12 or §18.1); (c) a forgiveness, reduction or waiver of the principal of any unpaid Loan or any interest thereon or fee payable under the Loan Documents; (d) a change in the amount or date fixed for any payment of any fee payable to a Lender hereunder; (e) the postponement of any date fixed for any payment of principal of or interest on the LoansLoan; (f) an extension of any applicable Maturity Date of any Class of Loans (except an extension of the Revolving Credit Maturity Date as provided in §2.13); (g) a change in the manner of distribution of any payments to the Lenders or the Agent; (h) the release of Borrower or any other Credit Party, except as otherwise provided in §5.2 or §5.4; (i) an amendment of the definition of Majority Lenders, Required Lenders or of any requirement for consent by all of the Lenders; (j) any modification to require a Lender to fund a pro rata share of a request for an advance of a Loan of any Class made by the Borrower other than based on its Applicable Percentage of such Class; (k) an amendment to the definition of the term “Required Majority Class Lenders” as it relates to a Class of Lenders or modification in any other manner the number or percentage of a Class of Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof, in each case, solely with respect to such Class of Lenders, without the written consent of all of the Lenders in such classClass; (k) any modification to require a Lender to fund a pro rata share of a request for an advance of a Loan of any Class made by the Borrower other than based on its Applicable Percentage of such Class; (l) while any Term Loans remain outstanding (A) amend, modify or waive any provision of this Agreement if the effect of such amendment, modification or waiver is to require the Revolving Credit Lenders to make Revolving Credit Loans when such Lenders would not otherwise be required to do so, (B) change the amount of the Swing Loan Commitment, or (C) change the amount of the Letter of Credit Sublimit, in each case, without the written consent of the Revolving Credit Lenders constituting the Required Majority Class Lenders of the Revolving Credit Lenders; (m) an amendment to the definition of Applicable Percentage, Revolving Credit Commitment Percentage Percentage, or Term Loan Commitment Percentage; , (n) an amendment to this §27; or (ol) an amendment of any provision of this Agreement or the Loan Documents which requires the approval of all of the Lenders, the Required Majority Lenders or the Required Lenders to require a lesser number of Lenders to approve such action; (m) any change in the definition of Eligible Real Estate or Borrowing Base Availability or any constituent definitions related thereto; or (pn) any change in criteria for the admission of any Real Estate as an Unencumbered a Pool Property.

Appears in 2 contracts

Samples: Credit Agreement (City Office REIT, Inc.), Credit Agreement (City Office REIT, Inc.)

Additional Lender Consents. Notwithstanding the foregoing, none of the following may occur without the written consent of each Lender adversely affected thereby: (a) a reduction in the rate of interest on the Notes (other than (i) a reduction or waiver of default interest or (ii) a reduction arising from a Benchmark Replacement in accordance with §4.16); (b) an increase in the amount of the Commitments of the Lenders (except as provided in §2.12 or §18.1); (c) a forgiveness, reduction or waiver of the principal of any unpaid Loan or any interest thereon or fee payable under the Loan Documents; (d) a change in the amount of any fee payable to a Lender hereunder; (e) the postponement of any date fixed for any payment of principal of or interest on the Loans; (f) an extension of any applicable Maturity Date of any Class of Loans (except an extension of the Revolving Credit Maturity Date as provided in §2.13)Loans; (g) a change in the manner of distribution of any payments to the Lenders or the Agent; (h) the release of Borrower or any other Credit Party, except as otherwise provided in §5.2 or §5.4; (i) an amendment of the definition of Required Lenders or of any requirement for consent by all of the Lenders; (j) any modification to require a Lender to fund a pro rata share of a request for an advance of a Loan of any Class made by the Borrower other than based on its Applicable Percentage of such Class; (k) an amendment to the definition of the term “Required Class Lenders” as it relates to a Class of Lenders or modification in any other manner the number or percentage of a Class of Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof, in each case, solely with respect to such Class of Lenders, without the written consent of all of the Lenders in such classClass; (l) while any Term Loans remain outstanding (A) amend, modify or waive any provision of this Agreement if the effect of such amendment, modification or waiver is to require the Revolving Credit Lenders to make Revolving Credit Loans when such Lenders would not otherwise be required to do so, (B) change the amount of the Swing Loan Commitment, or (C) change the amount of the Letter of Credit Sublimit, in each case, without the written consent of the Revolving Credit Lenders constituting the Required Class Lenders of the Revolving Credit Lenders[reserved]; (m) an amendment to the definition of Applicable Percentage, Revolving Credit Commitment Percentage or Term Commitment Percentage; (n) amendment to this §27; or (o) an amendment of any provision of this Agreement or the Loan Documents which requires the approval of all of the Lenders, the Required Lenders or the Required Lenders to require a lesser number of Lenders to approve such action; or (p) any change in criteria for the admission of any Real Estate as an Unencumbered Property.

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.), Term Loan Credit Agreement (Plymouth Industrial REIT, Inc.)

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Additional Lender Consents. Notwithstanding the foregoing, none of the following may occur without the written consent of each Lender adversely affected therebythe Lenders as set forth herein: (a) a reduction in the rate of interest on the any Loans or Notes (other than (i) a reduction or waiver of default interest or (ii) a reduction arising from a Benchmark Replacement in accordance with §4.16interest); (b) an increase in the amount of the Commitments of the Lenders (except as provided in §2.12 or §18.1); (c) , a forgiveness, reduction or waiver of the principal of any unpaid Loan or any interest thereon or fee payable under the Loan Documents; (d) , a change in the amount or date fixed for any payment of any fee payable to a Lender hereunder; (e) , or the postponement of any date fixed for any payment of principal of or interest on the Loans, in each case, without the written consent of each Lender adversely affected thereby; (fb) an increase in the amount of the Commitment of any of the Lenders, except as provided in §2.11 or §18.1, or the reinstatement of any Commitment terminated pursuant to §12.4 without the written consent of each Lender adversely affected thereby; (c) an extension of any applicable Maturity Date the maturity date of any Class of Loans (Loans, except an extension of the Revolving Credit Maturity Date as provided in §2.13)2.9, without the written consent of each Lender of such Class; (gd) a change in the manner of distribution of any payments to the Lenders or the AgentAgent without the written consent of all of the Lenders; (he) the release of Borrower or any Borrower, other Credit Party, or any Collateral except as otherwise provided in §5.2 5.3 or §5.4§ 5.5 without the consent of all of the Lenders; (if) an amendment of the definition of Required Lenders or of any requirement for consent by all of the Lenders; (j) any modification to require a Lender to fund a pro rata share of a request for an advance of a Loan of any Class made by the Borrower other than based on its Applicable Percentage of such Class; (k) an amendment to the definition of the term “Required Class Lenders” as it relates to a Class of Lenders or modification in any other manner the number or percentage of a Class of Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof, in each case, solely with respect to such Class of Lenders, without the written consent of all of the Lenders in such class; (l) while any Term Loans remain outstanding (A) amend, modify or waive any provision of this Agreement if the effect of such amendment, modification or waiver is to require the Revolving Credit Lenders to make Revolving Credit Loans when such Lenders would not otherwise be required to do so, (B) change the amount of the Swing Loan Commitment, or (C) change the amount of the Letter of Credit Sublimit, in each case, without the written consent of the Revolving Credit Lenders constituting the Required Class Lenders of the Revolving Credit Lenders; (m) an amendment to the definition of Applicable Percentage, Revolving Credit Commitment Percentage or Term Commitment Percentage; (n) amendment to this §27; or (o) an amendment of any provision of this Agreement or the Loan Documents which requires the approval of all of the Lenders, the Required Lenders or the Required Lenders to require a lesser number of Lenders to approve such action; or (p) any change in criteria for the admission of any Real Estate as an Unencumbered Property.;

Appears in 1 contract

Samples: Credit Agreement (Highlands REIT, Inc.)

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