Common use of Certain Rights of the Administrative Agent and the Revolving Agent Clause in Contracts

Certain Rights of the Administrative Agent and the Revolving Agent. (a) If the Administrative Agent requests instructions from the Required Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan Document, the Administrative Agent shall be entitled to refrain from such act or taking such action unless and until the Administrative Agent shall have received instructions from the Required Lenders or it shall first be indemnified to its satisfaction by the Lenders against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. The Administrative Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Lenders, Required Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Lenders and all future holders of the Loans and Commitments. Without limiting the foregoing, neither any Lender nor the holder of any Note shall have any right of action whatsoever against the Administrative Agent as a result of the Administrative Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of the Required Lenders. (b) If the Revolving Agent requests instructions from the Required Revolving Lenders with respect to any act or action (including failure to act) in connection with this Agreement or any other Loan Document, the Revolving Agent shall be entitled to refrain from such act or taking such action unless and until the Revolving Agent shall have received instructions from the Required Revolving Lenders or it shall first be indemnified to its satisfaction by the Revolving Lenders against any and all liability and expense that may be incurred by it by reason of taking or continuing to take any such action. The Revolving Agent shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement and the other Loan Documents in accordance with a request of the Revolving Lenders, Required Revolving Lenders and such request and any action taken or failure to act pursuant thereto shall be binding upon all the Revolving Lenders and all future holders of the Revolving Loans and Revolving Commitments. Without limiting the foregoing, neither any Revolving Lender nor the holder of any Revolving Note shall have any right of action whatsoever against the Revolving Agent as a result of the Revolving Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of the Required Revolving Lenders.