Common use of Concerning the Collateral and the Related Loan Documents Clause in Contracts

Concerning the Collateral and the Related Loan Documents. Each Lender agrees that any action taken by an Agent or the Required Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan Documents, and the exercise by an Agent or the Required Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 10 contracts

Samples: Credit Agreement (Independence Contract Drilling, Inc.), Credit Agreement (Independence Contract Drilling, Inc.), Revolving Credit Agreement (Joe's Jeans Inc.)

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Concerning the Collateral and the Related Loan Documents. Each Lender agrees that any action taken by an the Agent or the Required Lenders, as applicable, in accordance with the terms of this Agreement or the other Loan DocumentsDocuments relating to the Collateral, and the exercise by an the Agent or the Required Lenders, as applicable, of their respective powers set forth therein or herein, together with such other powers that are reasonably incidental thereto, shall be binding upon all of the Lenders.

Appears in 1 contract

Samples: Intellectual Property Security Agreement (Biovest International Inc)

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