Common use of Decisions Relating to Exercise of Remedies Clause in Contracts

Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Guaranty to the contrary, the Administrative Agent may exercise, and at the request of the Majority Banks shall exercise or refrain from exercising, all rights and remedies provided for herein and provided by law.

Appears in 4 contracts

Samples: Credit Agreement (Giant Industries Inc), Guaranty Agreement (R&b Falcon Corp), Guaranty Agreement (R&b Falcon Corp)

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Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Guaranty to the contrary, the Administrative any Agent may exercise, and at the request of the Majority Banks shall exercise or refrain from exercising, all rights and remedies provided for herein and provided by law.

Appears in 2 contracts

Samples: Parent Guaranty Agreement (Bj Services Co), Guaranty Agreement (Bj Services Co)

Decisions Relating to Exercise of Remedies. Notwithstanding ------------------------------------------ anything in this Guaranty to the contrary, the Administrative Agent may exercise, and at the request of the Majority Requisite Banks shall exercise or refrain from exercising, all rights and remedies provided for herein and provided by law.

Appears in 1 contract

Samples: Credit Agreement (Oneok Inc /New/)

Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Guaranty to the contrary, the Administrative Agent may exercise, and at the request of the Majority Banks shall exercise or refrain from exercising, all rights and remedies provided for herein and provided by law.

Appears in 1 contract

Samples: Credit Agreement (Giant Industries Inc)

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Decisions Relating to Exercise of Remedies. Notwithstanding anything in this Guaranty to the contrary, the Administrative Agent may exercise, and at the request of the Majority Requisite Banks shall exercise or refrain from exercising, all rights and remedies provided for herein and provided by law.

Appears in 1 contract

Samples: 364 Day Credit Agreement (Oneok Inc /New/)

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