Common use of Agent's and Lenders' Discretion Clause in Contracts

Agent's and Lenders' Discretion. (a) Each reference in the Loan Documents to the exercise of discretion or the like by the Agent or any Revolving Credit Lender or any Term Loan Lender shall be to such Person’s reasonable exercise of its judgment, in good faith, based upon such Person’s consideration of any such factors as the Agent or that Revolving Credit Lender or Term Loan Lender believes, taking into account information of which that Person then has actual knowledge:

Appears in 2 contracts

Samples: Loan and Security Agreement (Gander Mountain Co), Loan and Security Agreement (Gander Mountain Co)

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Agent's and Lenders' Discretion. (a) Each reference in the Loan Documents to the exercise of discretion or the like by the Agent or any Revolving Credit Lender or any Term Loan Lender shall be to such that Person’s reasonable 's exercise of its judgmentreasonable judgement, in good faith, based upon such that Person’s 's consideration of any such factors factor as the Agent or that Revolving Credit Lender or Term Loan Lender believesLender, taking into account information of which that Person then has actual knowledge, believes:

Appears in 2 contracts

Samples: Loan and Security Agreement (Designs Inc), Loan and Security Agreement (Designs Inc)

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Agent's and Lenders' Discretion. (a) Each reference in the Loan Documents to the exercise of discretion or the like by the Agent or Agent, any Revolving Credit Lender or any Term Loan Lender shall be to such Person’s reasonable exercise of its judgment, in good faith, based upon such Person’s consideration of any such factors as the Agent or that Agent, any Revolving Credit Lender or any Term Loan Lender believes, taking into account information of which that Person then has actual knowledge:

Appears in 1 contract

Samples: Loan and Security Agreement (Gander Mountain Co)

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