Consenting Lenders Clause Samples
The 'Consenting Lenders' clause defines which lenders in a syndicated loan agreement must agree to certain actions or amendments for them to be valid. Typically, this clause specifies a threshold—such as a majority or supermajority of lenders—whose consent is required for decisions like modifying loan terms, waiving defaults, or approving changes to collateral. By clearly identifying whose approval is necessary, the clause streamlines decision-making among multiple lenders and prevents a minority from blocking important actions, thereby ensuring efficient administration and flexibility in managing the loan.
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Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. CORNERSTONE CLO LTD., as a Lender (type name of the legal entity) By: Apollo Debt Advisors LLC, as its Collateral Manager By: /s/ ▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President If a second signature is necessary: By: Name: Title:
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. CIFC Funding 2013-I, Ltd. as a Lender (type name of the legal entity) By: CIFC Asset Management LLC, its Collateral Manager By: /s/ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. APIDOS CLO XVII, as a Lender (type name of the legal entity) By: Its Collateral Manager CVC Credit Partners, LLC By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇▇ Title: Senior Portfolio Manager If a second signature is necessary: By: Name: Title:
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. By: /s/ C▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Name: C▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Title: Vice President and Director
Consenting Lenders. Sumitomo Mitsui Trust Bank, Limited New York Branch [please print or type name of institution], as a Consenting Lender By: /s/ ▇▇▇▇▇▇ ▇. ▇▇▇ ▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇ ▇▇ Title: VICE PRESIDENT CONSENTING LENDERS: T2 Income Fund CLO I, Ltd., as a Consenting Lender By: T2 Advisers, LLC As Collateral Manager By /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ Title: President CONSENTING LENDERS:1 TRIMARAN CLO IV LTD., as a Consenting Lender By: Trimaran Advisors, L.L.C. By /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Vice President 1 Only applicable to Lenders who approve the amendment but who are not also 2017 Revolving Credit Lenders. CONSENTING LENDERS:1 TRIMARAN CLO V LTD., as a Consenting Lender By: Trimaran Advisors, L.L.C. By /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Vice President 1 Only applicable to Lenders who approve the amendment but who are not also 2017 Revolving Credit Lenders. CONSENTING LENDERS:1 TRIMARAN CLO VI LTD., as a Consenting Lender By: Trimaran Advisors, L.L.C. By /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Vice President 1 Only applicable to Lenders who approve the amendment but who are not also 2017 Revolving Credit Lenders. CONSENTING LENDERS:1 TRIMARAN CLO VII LTD., as a Consenting Lender By: Trimaran Advisors, L.L.C. By /s/ ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇▇▇ Title: Vice President 1 Only applicable to Lenders who approve the amendment but who are not also 2017 Revolving Credit Lenders. CONSENTING LENDERS: By: GSO Capital Advisors LLC as Manager, as a Consenting Lender By /s/ ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇ Title: Authorized Signatory CONSENTING LENDERS: US Bank Loan Fund (M) Master Trust [please print or type name of institution], as a Consenting Lender By: Alcentra NY, LLC, as investment advisor By /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Vice President CONSENTING LENDERS: VALIDUS REINSURANCE LTD [please print or type name of institution], as a Consenting Lender By: PineBridge Investments LLC Its Investment Manager By /s/ ▇▇▇▇▇▇ Oh Name: ▇▇▇▇▇▇ Oh Title: Managing Director CONSENTING LENDERS: Venture IV CDO Limited [please print or type name of institution], as a Consenting Lender By: its investment advisor, MJX Asset Management LLC By /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Managing Director CONSENTING LENDERS:
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. Brentwood CLO, Ltd., as a Lender (type name of the legal entity) By: Highland Capital Management, L.P., As Collateral Manager By: /s/ ▇▇▇▇▇▇ ▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇ Title: Authorized Signatory If a second signature is necessary: By: Name: Title:
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. BlueMountain CLO 2011-1 Ltd as a Lender (type name of the legal entity) By: BLUEMOUNTAIN CAPITAL MANAGEMENT, LLC, Its Collateral Manager By: /s/ ▇▇▇▇▇ ▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇ Title: Operations Analyst
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. ▇▇▇▇▇▇ XXIV Senior Loan Fund, as a Lender By: Prudential Investment Management, Inc., as Collateral Manager By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇ Title: Vice President [If a second signature is necessary: By: Name: Title:]
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. BABSON CLO LTD. 2012-I, as a Lender By: Babson Capital Management LLC as Collateral Manager By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Name: ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ Title: Director
Consenting Lenders. The undersigned Lender hereby irrevocably and unconditionally approves the Amendment and consents to the certain amendments set forth therein. SIERRA CLO II LTD, as a Lender By: Its Investment Advisor CVC Credit Partners, LLC On behalf of Resource Capital Asset Management (RCAM) By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: MD/PM