Common use of Consents under Loan Documents Clause in Contracts

Consents under Loan Documents. Agent may consent to any modification, supplement or waiver under any of the Loan Documents, provided that, without the prior consent of each Lender, Agent shall not release any Collateral or otherwise terminate any Lien under any Loan Document providing for collateral security, or agree to additional obligations being secured by such collateral security (unless the Lien for such additional obligations shall be junior to the Lien in favor of the Obligations), except that no such consent shall be required, and Agent is hereby authorized, to release any Lien covering Collateral that is the subject of a disposition permitted hereunder.

Appears in 4 contracts

Samples: Loan Agreement (Thomas Properties Group Inc), Loan Agreement (Thomas Properties Group Inc), Loan Agreement (American Financial Realty Trust)

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Consents under Loan Documents. The Agent may consent to any modification, supplement or waiver under any of the Loan Documents, provided ; PROVIDED that, without the prior consent of each Lender, the Agent shall not release any Collateral or otherwise terminate any Lien under any Loan Document providing for collateral security, or agree to additional obligations being secured by such collateral security (unless the Lien for such additional obligations shall be junior to the Lien in favor of the ObligationsIndebtedness), except that no such consent shall be required, and the Agent is hereby authorized, to release any Lien covering Collateral that is the subject of a disposition permitted hereunder.

Appears in 2 contracts

Samples: Loan Agreement (Ocwen Asset Investment Corp), Loan Agreement (Ocwen Asset Investment Corp)

Consents under Loan Documents. Agent may consent to any modification, supplement or waiver under any of the Loan Documents, provided that, without the prior consent of each Lender, Agent shall not release 108 any Collateral or otherwise terminate any Lien under any Loan Document providing for collateral security, or agree to additional obligations being secured by such collateral security (unless the Lien for such additional obligations shall be junior to the Lien in favor of the Obligations), except that no such consent shall be required, and Agent is hereby authorized, to release any Lien covering Collateral that is the subject of a disposition permitted hereunder.

Appears in 1 contract

Samples: Loan Agreement (Asset Investors Corp)

Consents under Loan Documents. Agent may consent to any modification, supplement or waiver under any of the Loan Documents, provided PROVIDED that, without the prior consent of each Lender, Agent shall not release any Collateral or otherwise terminate any Lien under any Loan Document providing for collateral security, or agree to additional obligations being secured by such collateral security (unless the Lien for such additional obligations shall be junior to the Lien in favor of the ObligationsLenders), except that no such consent shall be required, and Agent is hereby authorized, to release any Lien covering Collateral that is the subject of a disposition permitted hereunder.

Appears in 1 contract

Samples: Loan Agreement (Terremark Worldwide Inc)

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Consents under Loan Documents. Agent may consent to any modification, supplement or waiver under any of the Loan Documents, provided that, without the prior consent of each Lender, Agent shall not release any Collateral or otherwise terminate any Lien under any Loan Document providing for collateral security, or agree to additional obligations being secured by such collateral security (unless the Lien for such additional obligations shall be junior to the Lien in favor of the Obligations), except that no such consent shall be required, and Agent is hereby authorized, to release any Lien covering Collateral that is the subject of a disposition permitted hereunder.. 115

Appears in 1 contract

Samples: Loan Agreement (Gramercy Capital Corp)

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