Consents under Other Basic Documents. Except as otherwise provided in Section 12.04 hereof with respect to this Agreement, the Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents, PROVIDED that, without the prior consent of each Lender, the Agent shall not (except as provided herein or in the Security Documents) release any collateral or otherwise terminate any Lien under any Basic Document providing for collateral security, or agree to additional obligations being secured by such collateral security, except that no such consent shall be required, and the Agent is hereby authorized, to release any Lien covering Property that is the subject of a disposition of Property permitted hereunder or to which the Majority Lenders have consented.
Consents under Other Basic Documents. Except as otherwise provided in Section 11.04 hereof, the Agent may, with the prior consent of the Required Banks (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents, provided that, without the prior consent of each Bank, the Agent shall not (except as provided herein or in the Security Documents) release any Collateral or otherwise terminate any Lien under any Basic Document or agree to additional obligations being secured by such Collateral (unless the Lien for such additional obligations shall be junior and subordinate to the Lien in favor of the other obligations secured by such Basic Document).
Consents under Other Basic Documents. The Agent may, with the prior consent of the Majority Banks (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents other than this Agreement, PROVIDED that, without the prior consent of each Bank, the Agent shall not (except as provided herein or in the Security Documents) release any collateral or otherwise terminate any Lien under any Basic 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 other obligations secured by such Basic Document), except that no such consent shall be required, and the Agent is hereby authorized, to release any Lien covering Property which is the subject of a disposition of Property permitted hereunder. Notwithstanding any provision of this Agreement to the contrary, the Agent shall, in connection with any disposition by an Obligor of any Properties, other than Mortgaged Properties, to the extent such Properties are disposed of in accordance with the limitations set forth in Section 9.05(iii) hereof, release such Properties from the Lien of each of the Security Documents, without the consent of any Bank, upon the receipt by the Agent of a certificate from the Obligor seeking such release which certificate shall state (i) that no Default or Event of Default has occurred and is continuing and (ii) that the disposition of such Property in the manner contemplated by such Obligor is permitted pursuant to the terms of this Agreement provided that such release shall not extend to (A) any equipment located on, proceeds from sale of, or production of hydrocarbons from, such Hydrocarbon Properties that are retained by the Company after any farmout or similar agreement and (B) any Inventory or Equipment (as defined in the Security Agreement) that is the subject of such farmout or similar agreement (the "FARMOUT INTEREST") and that is or may be utilized for the exploration, production or marketing of Hydrocarbons attributable to (x) the Farmout Interest and (y) other properties of the Company that are (i) Mortgaged Properties or (ii) described in the Security Documents and intended to be Mortgaged Properties.
Consents under Other Basic Documents. Except as otherwise provided in Section 12.04 hereof with respect to this Agreement, the Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents, provided that, without the prior consent of each Lender, the Agent shall not (except as provided herein or in the Security Documents, and without limiting the right of the Majority Lenders to modify the provisions of Section 9.05 hereof) release any Collateral or otherwise terminate any Lien under any Basic 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 other obligations secured by such Basic Document), except that no such consent shall be required, and the Agent is hereby authorized, to release any Lien covering Property that is the subject of a disposition of Property permitted hereunder or to which the Majority Lenders have consented.
Consents under Other Basic Documents. Except as otherwise provided in Section 12.05 hereof with respect to this Agreement, the Administrative Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents, provided that, without the prior consent of each Lender, the Administrative Agent shall not (except as provided herein or in the Security Documents) release any collateral or otherwise terminate any Lien under any Basic Document providing for collateral security, or agree to additional obligations being secured by such collateral security.
Consents under Other Basic Documents. Except as otherwise provided in Section 12.04 with respect to this Agreement and the other Basic Documents, the Administrative Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the other Basic Documents.
Consents under Other Basic Documents. Except as otherwise provided in ------------------------------------ Section 12.04 hereof with respect to this Agreement, the Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents.
Consents under Other Basic Documents. Except as otherwise provided in Section 12.04 hereof with respect to this Agreement, the Administrative Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents or any Affiliate Subordination Agreement, provided that, without the prior consent of all of the Lenders, the Administrative Agent shall not (except as provided herein or in the Pledge Agreements): (i) release any collateral or otherwise terminate any Lien under any Basic Document providing for collateral security, or agree to additional obligations being secured by such Credit Agreement collateral security (unless the Lien for such additional obligations shall be junior to the Lien in favor of the other obligations secured by such Basic Document), except that no such consent shall be required, and the Administrative Agent is hereby authorized, to release any Lien covering Property that is the subject of a disposition of Property permitted hereunder or to which the Majority Lenders have consented, (ii) release any Obligor from its obligations under any of the Basic Documents to which it is a party and (iii) release any Subsidiary Guarantor from its obligations under Section 6 hereof.
Consents under Other Basic Documents. Except as otherwise provided in Section 12.04 hereof with respect to this Agreement, the Agent may, with the prior consent of the Majority Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents, provided that, without the prior consent of each Lender, the Agent shall not (without limiting the right of the Majority Lenders to modify the provisions of Section 9.05 hereof) terminate any Lien under any Basic 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 other obligations secured by such Basic Document), except that no such consent shall be required, and the Agent is hereby authorized, to release any Lien covering Property that is the subject of a disposition of Property permitted hereunder or to which the Majority Lenders have consented. 51
Consents under Other Basic Documents. Except as otherwise provided in Section 10.04(a) with respect to this Agreement, the Administrative Agent shall, upon the direction of the Required Lenders (but not otherwise), consent to any modification, supplement or waiver under any of the Basic Documents, PROVIDED that, without the prior consent of each Lender, the Administrative Agent will not (except as provided in this Agreement or in the Security Documents) release any collateral or otherwise terminate any Lien under any Basic Document, agree to additional obligations being secured by that collateral security (unless the Lien for those additional obligations is junior to the Lien in favor of the Obligations) or release any Subsidiary Guarantor from its obligations under any Basic Documents, except that no such consent shall be required, and the Administrative Agent is hereby authorized, to release any Lien covering Property that is the subject of a disposition of Property permitted under this Agreement.
