Common use of Defaulting Lender Adjustments Clause in Contracts

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: (i) Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Amneal Pharmaceuticals, Inc.), Revolving Credit and Term Loan Agreement (Amneal Pharmaceuticals, Inc.), Credit Agreement (Ensign Group, Inc)

AutoNDA by SimpleDocs

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in in(a) this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable lawApplicable Law: (i) Waivers and Amendments. Such Defaulting Lender’s right to approve or or(i) disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2.Section

Appears in 2 contracts

Samples: Credit Agreement (Realpage Inc), Credit Agreement (Realpage Inc)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: : (i) Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2. (ii) [Reserved]. (iii) [Reserved]. (iv) [Reserved].

Appears in 2 contracts

Samples: Term Loan Credit Agreement (Root, Inc.), Term Loan Agreement (Root, Inc.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this this(a) Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: (i) Waivers and Amendments. Such Defaulting LenderXxxxxx’s right to approve or disapprove any any(i) amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders Lenders” and in Section 10.2.Section

Appears in 1 contract

Samples: Credit Agreement (Carrols Restaurant Group, Inc.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: (i) Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2Lenders”.

Appears in 1 contract

Samples: Credit Agreement (WideOpenWest, Inc.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: Law: (i) Waivers and Amendments. Such Defaulting LenderXxxxxx’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.210.01.

Appears in 1 contract

Samples: Letter of Credit Facility Agreement (Arch Capital Group Ltd.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: (i) Such Applicable Law, such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.29.1(b).

Appears in 1 contract

Samples: Term Loan Agreement (Enable Midstream Partners, LP)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: : (ia) Such such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2.

Appears in 1 contract

Samples: Term Loan Agreement (Root, Inc.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contrary(a) contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable lawApplicable Law: (i) Waivers and Amendments. Such Defaulting Lender’s right to approve approve(i) or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.211.4(ba)(iii).

Appears in 1 contract

Samples: Credit Agreement (Physicians Realty Trust)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: Legal Requirements: (i) Waivers and Amendments. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.212.13 hereof.

Appears in 1 contract

Samples: Credit Agreement (Umh Properties, Inc.)

AutoNDA by SimpleDocs

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: (i) Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.211.2.

Appears in 1 contract

Samples: Credit Agreement (Archer Aviation Inc.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contrary(a) contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable lawLaw: (i) Waivers and Amendments. Such Defaulting Lender’s right to approve or or(i) disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2.Section

Appears in 1 contract

Samples: Credit Agreement (Shenandoah Telecommunications Co/Va/)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: : (i) Waivers and Amendments. Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.212.13 hereof.

Appears in 1 contract

Samples: Multicurrency Credit Agreement

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: (i) Such , such Defaulting Lender’s right to approve or disapprove any amendment, waiver waiver, or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section 10.2long as said Lxxxxx is a Defaulting Lender.

Appears in 1 contract

Samples: Credit and Security Agreement (ScanTech AI Systems Inc.)

Defaulting Lender Adjustments. Notwithstanding anything to the contrary contained in this Agreement, if any Lender becomes a Defaulting Lender, then, until such time as such Lender is no longer a Defaulting Lender, to the extent permitted by applicable law: : (i) Such Defaulting Lender’s right to approve or disapprove any amendment, waiver or consent with respect to this Agreement shall be restricted as set forth in the definition of Required Lenders and in Section ‎Section 10.2.

Appears in 1 contract

Samples: Credit Agreement (Pure Storage, Inc.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!