Consent of Lenders Sample Clauses

Consent of Lenders. Notwithstanding the foregoing, no amendment, waiver or consent shall: (i) increase (or reinstate) the Commitments of a Lender or subject a Lender to any additional obligations without the written consent of such Lender; (ii) reduce the principal of, or interest that has accrued or the rates of interest that will be charged on the outstanding principal amount of, any Loans or other Obligations without the written consent of each Lender directly affected thereby; provided, however, only the written consent of the Requisite Lenders shall be required for the waiver of interest payable at the Post-Default Rate, retraction of the imposition of interest at the Post-Default Rate and amendment of the definition of “Post-Default Rate”; (iii) reduce the amount of any Fees payable to a Lender without the written consent of such Lender; (iv) modify the definitions ofTermination Date” (except in accordance with Section 2.14) or “Commitment Percentage,” otherwise postpone any date fixed for, or forgive, any payment of principal of, or interest on, any Loans or for the payment of Fees or any other Obligations owing to the Lenders, or extend the expiration date of any Letter of Credit beyond the Termination Date, in each case, without the written consent of each Lender; (v) modify the definition of “Pro Rata Share” or amend or otherwise modify the provisions of Section 3.2 without the written consent of each Lender; (vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section without the written consent of each Lender; (vii) modify the definition of the term “Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof without the written consent of each Lender; (viii) release any Guarantor from its obligations under the Guaranty (except as contemplated by Section 8.14(b)) without the written consent of each Lender; or (ix) amend, or waive the Borrower’s compliance with, Section 2.16 without the written consent of each Lender.
AutoNDA by SimpleDocs
Consent of Lenders. Each of the Lenders consents to the other Lender entering into each of the Amending Documents to which it is a party, contingent upon all of the Amending Documents being executed by each party thereto and becoming effective in accordance with their terms. Each of the Lenders and the Company agrees to take all actions necessary or appropriate to enter into or cause their respective affiliates to enter into the Amending Documents to which they are respectively a party.
Consent of Lenders. Concurrently herewith the parties to the Other Loan Agreement are entering into a Second Amendment of Fixed Rate Loan Agreement (the "OTHER AMENDMENT"), which Other Amendment is, except for the parties thereto, substantially identical to this Amendment. The Lenders hereby consent to the execution and delivery of the Other Amendment and agree that they will not amend the provisions of PARAGRAPH 3 without the prior written consent of the "Required Lenders" under the Other Loan Agreement.
Consent of Lenders. You hereby represent that you have obtained the consent of the holders of the requisite amount of the Percentage Interests to your execution of this Agreement as Agent.
Consent of Lenders. Whether or not required by the terms and provisions of any agreement or agreements therewith, Seller shall have obtained a written consent from each of the lenders to the Company pursuant to which such lenders shall have consented to the transactions contemplated hereby.
Consent of Lenders. If the consent, approval, disapproval or determination of Lenders is requested by Agent as to any proposed action or inaction and notice of such request is sent to Lenders in the manner specified therefor herein, such consent, approval or disapproval shall be deemed given by any Lender from whom no objection or response thereto is received by Agent within fifteen (15) Business Days of such Lender's receipt of such notice.
AutoNDA by SimpleDocs
Consent of Lenders. Each Lender and each Person acquiring a participation from any Lender as contemplated by Section 10.06(d) of the Credit Agreement hereby consents and agrees to the CAM Exchange.
Consent of Lenders. The parties shall receive the consent to the ------------------ transactions contemplated by this Agreement from their respective banks or other institutional lenders.
Consent of Lenders. (a) Each Lender under the Existing Credit Agreement that executes and delivers a consent in substantially the form attached hereto as Annex I (a “Consent” and, each such Lender, a “Consenting Lender”) hereby irrevocably agrees to the amendments to the Existing Credit Agreement provided for herein, with respect to all of such Consenting Lender’s Loans and Commitments. (b) Each Consent shall be subject to the terms and conditions of this Amendment and shall be binding upon the Lender party thereto and any successor, participant or assignee of such Lender and may not be revoked or terminated by the Lender party thereto or any such successor, participant or assignee. Each Person that executes and delivers a Consent and any permitted successor, participant or assignee of such Lender shall be a party to this Amendment as if such Person executed and delivered a counterpart hereof. Each Consent shall constitute a part of this Amendment and each signature page thereto shall constitute a signature page hereto.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!