Approval by Lenders Sample Clauses

Approval by Lenders. In accordance with Section 2.05(b)(iii) of the Credit Agreement, the undersigned Lenders hereby approve the continuation of the current amount of the Borrowing Base as proposed by the Administrative Agent under Section 3 above.
AutoNDA by SimpleDocs
Approval by Lenders. Tenant recognizes that the provisions of this Lease may be subject to the approval of any financial institution that may make a loan secured by a new or subsequent deed of trust or mortgage affecting the Premises and/or real property comprising the Common Area. If the financial institution should require, as a condition to such financing, any modifications of this Lease in order to protect its security interest in the Premises, including without limitation, modification of the provisions relating to damage to and/or condemnation of the Premises, Tenant agrees to execute the appropriate amendments; provided, however, that no modification shall substantially change the size, location or dimension of the Premises, increase the Rentals payable by Tenant hereunder or increase the obligations of Tenant hereunder.
Approval by Lenders. In the case of any Subsidiary Borrower other than the Bahamian Subsidiary, the Canadian Subsidiary and the Irish Subsidiary, all Lenders shall have approved the addition of such Subsidiary Borrower as a party hereto.
Approval by Lenders. Each Lender, by delivering its signature page to this Amendment, shall be deemed to have acknowledged receipt of, and consented to and approved, the Amendment, the Amended Credit Agreement, each other Credit Document and each other document required to be approved by any Agent, the Required Lenders or the Lenders, as applicable.
Approval by Lenders. 10 19.4 Attornment ....................................................... 10 19.5 Estoppel Certificates and Financial Statements ................... 10 20.
Approval by Lenders. Tenant recognizes that the provisions of this Lease may be subject to the approval of any financial institution that may make a loan secured by a new or subsequent deed of trust or mortgage affecting the Premises, Building or Land. If the financial institution should require, as a condition to such financing, any modifications of this Lease in order to protect its security interest in the Premises including without limitation, modification of the provisions relating to damage to and/or condemnation of the Premises, Tenant agrees to negotiate in good faith with Landlord and such financial institution to agree on mutually acceptable modifications and execute the appropriate amendments; provided, however, that no modification shall substantially change the size, location or dimension of the Premises, or increase the Rentals payable by Tenant hereunder. If Tenant refuses to execute any such amendment, Landlord may, in Landlord's reasonable discretion, terminate this Lease.
Approval by Lenders. Tenant acknowledges that the provisions of this Lease may be subject to the approval of any lender that may hereafter make a loan secured by a mortgage or deed of trust on the Premises or Building. If such lender shall require, as a condition of such financing that modifications be made to this Lease, at Lender’s request, Tenant agrees to execute appropriate amendments to this Lease to effect such modifications; provided, however, that such modifications shall not change the size, location or dimensions of the Premises, increase any potential liability for which Tenant might be liable, or increase the amount of the Rent or the other amounts payable by Tenant under this Lease.
AutoNDA by SimpleDocs
Approval by Lenders. The execution of this Agreement, and consummation of the transactions contemplated by this Agreement, shall have been approved by U S Liquid's lenders under all credit facilities in effect as of the Closing Date.
Approval by Lenders. At least one (1) Business Day prior to such Banking Case Date, the Supermajority Lenders shall advise the Technical Agent of the approved, re-determined Banking Case, and the Technical Agent shall promptly notify the Administrative Agent, the Borrowers and the Lenders thereof, and such approved, re-determined Banking Case and the Borrowing Base Amount set forth therein shall take effect on such Banking Case Date; provided always that: (A) a Lender shall be deemed to have given its approval to a proposed Banking Case, and shall be counted as part of the Supermajority Lenders for this purpose, if it does not object in writing to the Technical Agent at least five (5) Business Days prior to the relevant Banking Case Date; and (B) if a proposed Banking Case is not approved by the Supermajority Lenders at least one (1) Business Day prior to a Banking Case Date, then the most recent approved, re-determined Banking Case and the Borrowing Base Amount set forth therein shall continue to apply in the meantime until re-determined in accordance with this ARTICLE 3 on the next Banking Case Date.
Approval by Lenders. Each Lender, by delivering its signature page to this Amendment on the Second Amendment Date, shall be deemed to have acknowledged receipt of, and consented to and approved, the Amendment, the Amended Credit Agreement, each other Credit Document and each other document required to be approved by any Agent, the Required Lenders or the Lenders, as applicable, on the Second Amendment Date.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!