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Common use of and 8 Clause in Contracts

and 8. Nothing contained herein shall be deemed to authorize Agent to authorize or consent to or accept or adopt on behalf of any Lender any plan of reorganization, arrangement, adjustment or composition affecting the Obligation or the rights of any Lender or to authorize Agent to vote in respect of the claim of any Lender in any such proceeding.

Appears in 4 contracts

Samples: Loan Agreement (BRP Group, Inc.), Loan Agreement (YogaWorks, Inc.), Loan Agreement (Asure Software Inc)