Common use of Approval by Required Lenders Clause in Contracts

Approval by Required Lenders. Except for the matters described in Sections 24.3.1 and 24.3.2 and subject to any other provision of this Agreement which specifically requires the consent of each Lender for a matter, any action to be taken or decision to be made by the Lenders pursuant to this Agreement (specifically including for greater certainty the issuance of a demand for payment of the Obligations or the provision of any waiver in respect of a breach of any covenant) shall be effective if approved by Required Lenders pursuant to ARTICLE 21; and any such decision or action shall be final and binding upon all the Lenders.

Appears in 4 contracts

Samples: Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Inc.), Credit Agreement (GFL Environmental Inc.)

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Approval by Required Lenders. Except for the matters described in Sections 24.3.1 and 24.3.2 subsection 15.4.1 and subject to any other provision of this Agreement which specifically requires the consent of each Lender for a matter, any action to be taken or decision to be made by the Lenders pursuant to this Agreement (specifically including for greater certainty the issuance of a demand for payment of the Obligations or the provision of any waiver in respect of a breach of any covenant) shall be effective if approved by Required Lenders pursuant to ARTICLE 21Article 7 of the Provisions; and any such decision or action shall be final and binding upon all the Lenders.

Appears in 1 contract

Samples: Credit Agreement

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Approval by Required Lenders. Except for the matters described in Sections 24.3.1 23.3.1 and 24.3.2 23.3.2 and subject to any other provision of this Agreement which specifically requires the consent of each Lender for a matter, any action to be taken or decision to be made by the Lenders pursuant to this Agreement (specifically including for greater certainty the issuance of a demand for payment of the Obligations or the provision of any waiver in respect of a breach of any covenant) shall be effective if approved by Required Lenders pursuant to ARTICLE 2120; and any such decision or action shall be final and binding upon all the Lenders.

Appears in 1 contract

Samples: Credit Agreement (GFL Environmental Inc.)

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