Common use of Consent of Secured Party Clause in Contracts

Consent of Secured Party. Whenever the doing of any thing by the Grantor is dependent upon the consent or approval of the Secured Party, the Secured Party may withhold its consent or approval or give it conditionally or unconditionally in its absolute discretion unless expressly stated otherwise. Any conditions must be complied with by the Grantor.

Appears in 2 contracts

Samples: Credit Agreement, Credit Agreement (Peabody Energy Corp)

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Consent of Secured Party. (a) Whenever the doing of any thing by the Grantor is dependent upon the consent or approval of the Secured Party, the Secured Party may withhold its consent or approval or give it conditionally or unconditionally in its absolute discretion unless expressly stated otherwise. otherwise in a Finance Document. (b) Any conditions imposed on the Grantor under clause 11.8(a) must be complied with by the Grantor.

Appears in 2 contracts

Samples: Specific Security Agreement (Shares) (Discovery Energy Corp.), Specific Security Agreement (Shares) (Discovery Energy Corp.)

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Consent of Secured Party. (a) Whenever the doing of any thing by the Grantor is dependent upon on the consent or approval of the Secured Party, the Secured Party may withhold its consent or approval or give it conditionally or unconditionally in its absolute discretion unless expressly stated otherwise. otherwise in a Finance Document. (b) Any conditions imposed on the Grantor under clause 10.9(a) must be complied with by the Grantor.

Appears in 2 contracts

Samples: General Security Agreement (Discovery Energy Corp.), General Security Agreement (Discovery Energy Corp.)

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