Common use of Credit Bid Clause in Contracts

Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by entering into a Secured Rate Contract or Secured Cash Management Agreement, each Secured Swap Provider or Secured Cash Management Bank, as the case may be, hereby authorizes and shall be deemed to authorize) Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 9 contracts

Samples: Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.), Credit Agreement (Iteris, Inc.)

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Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by entering into a Secured Rate Swap Contract or Secured Cash Treasury Management Agreement, each Secured Swap Provider Bank or Secured Cash Treasury Management Bank, as the case may be, hereby authorizes and shall be deemed to authorize) Administrative Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 4 contracts

Samples: Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.), Credit Agreement (Montrose Environmental Group, Inc.)

Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by entering into a Secured Rate Contract Specified Swap or Secured Cash Management Bank Services Agreement, each Secured Swap Provider Qualified Counterparty or Secured Cash Management BankBank Services Provider, as the case may be, hereby authorizes and shall be deemed to authorize) Administrative Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 2 contracts

Samples: Credit Agreement (DoubleVerify Holdings, Inc.), Credit Agreement (DoubleVerify Holdings, Inc.)

Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by entering into a Hedge Agreement with respect to any Secured Rate Contract or Secured Hedging Obligation and/or by entering into documentation in connection with any Cash Management AgreementObligation, each of the other Secured Swap Provider or Secured Cash Management Bank, as the case may be, Parties hereby authorizes and shall be deemed to authorize) the Administrative Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 1 contract

Samples: Credit Agreement (Metaldyne Performance Group Inc.)

Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by entering into a Secured Rate Contract or a Secured Cash Management Agreement, each Secured Swap Provider or Secured Cash Management BankBank that is a Secured Party, as the case may beapplicable, hereby authorizes and shall be deemed to authorize) the Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 1 contract

Samples: Credit Agreement (Fortrea Holdings Inc.)

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Credit Bid. Each of the Lenders hereby irrevocably authorizes (and by entering into a Secured Rate Contract or Secured Cash Management Bank Product Agreement, each Secured Swap Provider or Secured Cash Management Bank Product Bank, as the case may be, hereby authorizes and shall be deemed to authorize) Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 1 contract

Samples: Credit Agreement (Legacy Housing Corp)

Credit Bid. Each of the Lenders and each Issuing Lender hereby irrevocably authorizes (and by entering into a Hedge Agreement with respect to any Secured Rate Contract or Secured Hedging Obligation and/or by entering into documentation in connection with any Cash Management AgreementObligation, each of the other Secured Swap Provider or Secured Cash Management Bank, as the case may be, Parties hereby authorizes and shall be deemed to authorize) the Administrative Agent, on behalf of all Secured Parties to take any of the following actions upon the instruction of the Required Lenders:

Appears in 1 contract

Samples: Credit Agreement (Blue Bird Corp)

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