Common use of Finance Parties acting together Clause in Contracts

Finance Parties acting together. Notwithstanding clause 2.2 (Finance Parties’ rights and obligations), if the Agent makes a declaration under clause 27.21 (Acceleration) the Agent shall, in the names of all the Finance Parties, take such action on behalf of the Finance Parties and conduct such negotiations with the Borrower and any Group Members and generally administer the Facility in accordance with the wishes of the Majority Lenders. All the Finance Parties shall be bound by the provisions of this clause and no Finance Party shall be entitled to take action independently against any Obligor or any of its assets without the prior consent of the Majority Lenders. This clause shall not override clause 30 (Roles of Agent, Security Agent and the Arranger) as it applies to the Security Agent.

Finance Parties acting together. Notwithstanding clause 2.2 (Finance Parties’ rights and obligations), if the Agent makes a declaration under clause 27.21 25.17 (Acceleration) the Agent shall, in the names of all the Finance PartiesParties (other than the Security Agent), take such action on behalf of the Finance Parties and conduct such negotiations with the Borrower Parent and any members of the Group Members and generally administer the Facility in accordance with the wishes of the Majority Required Lenders. All the Finance Parties shall be bound by the provisions of this clause 28.2 and no Finance Party shall be entitled to take action independently against any Obligor or any of its assets without the prior consent of the Majority Required Lenders. This clause shall not override clause 30 27 (Roles of Agent, Security Agent Agent, Mandated Lead Arrangers and the ArrangerBookrunners) as it applies to the Security Agent.

Finance Parties acting together. Notwithstanding clause Clause 2.2 (Finance Parties’ rights Rights and obligationsObligations), if the Agent makes a declaration under clause 27.21 Clause 25.17 (Acceleration) the Agent shall, in the names of all the Finance PartiesParties (other than the Security Agent), take such action on behalf of the Finance Parties and conduct such negotiations with the Borrower Parent and any members of the Group Members and generally administer the Facility in accordance with the wishes of the Majority Required Lenders. All the Finance Parties shall be bound by the provisions of this clause Clause 28.2 and no Finance Party shall be entitled to take action independently against any Obligor or any of its assets without the prior consent of the Majority Required Lenders. This clause shall not override clause 30 Clause 27 (Roles of Agent, Security Agent Agent, Mandated Lead Arrangers and the ArrangerBookrunners) as it applies to the Security Agent.

Finance Parties acting together. Notwithstanding clause 2.2 (Finance Parties’ ' rights and obligations), if the Agent makes a declaration under clause 27.21 30.24 (Acceleration) the Agent shall, in the names of all the Finance Parties, take such action on behalf of the Finance Parties and conduct such negotiations with the Borrower Borrowers and any Group Members other Obligors and generally administer the Facility in accordance with the wishes of the Majority Lenders. All the Finance Parties shall be bound by the provisions of this clause and no Finance Party shall be entitled to take action independently against any Obligor or any of its assets without the prior consent of the Majority Lenders. This clause shall not override clause 30 34 (Roles of Agent, Security Agent and the Arranger) as it applies to the Security Agent.

Finance Parties acting together. Notwithstanding clause 2.2 Clause 2.1 (Finance Parties’ rights Rights and obligationsObligations), if the Agent makes a declaration under clause 27.21 Clause 25.18 (Acceleration) the Agent shall, in the names of all the Finance PartiesParties (other than the Security Agent), take such action on behalf of the Finance Parties and conduct such negotiations with the Borrower Parent and any members of the Group Members and generally administer the Facility in accordance with the wishes of the Majority Required Lenders. All the Finance Parties shall be bound by the provisions of this clause Clause 28.2 and no Finance Party shall be entitled to take action independently against any Obligor or any of its assets without the prior consent of the Majority Required Lenders. This clause shall not override clause 30 Clause 27 (Roles of Agent, Security Agent Agent, Mandated Lead Arrangers and the ArrangerBookrunners) as it applies to the Security Agent.

Finance Parties acting together. Notwithstanding clause 2.2 (Finance Parties’ ' rights and obligations), if the Agent makes a declaration under clause 27.21 30.23 (Acceleration) the Agent shall, in the names of all the Finance Parties, take such action on behalf of the Finance Parties and conduct such negotiations with the Borrower and any Group Members and generally administer the Facility in accordance with the wishes of the Majority Lenders. All the Finance Parties shall be bound by the provisions of this clause and no Finance Party shall be entitled to take action independently against any Obligor or any of its assets without the prior consent of the Majority Lenders. This clause shall not override clause 30 34 (Roles of Agent, Security Agent and the ArrangerArrangers) as it applies to the Security Agent.