Common use of Finance Parties acting together Clause in Contracts

Finance Parties acting together. (a) Notwithstanding Clauses 2.3(a) and 2.3(b) (Finance Parties’ rights and obligations), if the Administrative Agent makes a declaration under Clause 28.26 (Acceleration) the Administrative 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 Obligors and generally administer the Facilities in accordance with the wishes of the Required 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 Required Lenders. (b) Paragraph (a) above shall not override Clause 32 (Roles of Administrative Agent, Security Agent, Mandated Lead Arrangers and ECA Agent) as it applies to the Security Agent.

Finance Parties acting together. (a) Notwithstanding Clauses 2.3(a) and 2.3(b) (Finance Parties’ ' rights and obligations), if the Administrative Agent makes a declaration under Clause 28.26 (Acceleration) the Administrative 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 Obligors and generally administer the Facilities Facility in accordance with the wishes of the Required 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 Required Lenders. (b) Paragraph (a) above shall not override Clause 32 (Roles of Administrative Agent, Security Agent, Mandated Lead Arrangers and ECA Agent) as it applies to the Security Agent.

Finance Parties acting together. (a) Notwithstanding Clauses 2.3(a) and 2.3(b) Clause 2.1 (Finance Parties’ rights Rights and obligationsObligations), if the Administrative Agent makes a declaration under Clause 28.26 25.18 (Acceleration) the Administrative 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 Obligors Parent and any members of the Group and generally administer the Facilities Facility in accordance with the wishes of the 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 Required Lenders. (b) Paragraph (a) above . This clause shall not override Clause 32 27 (Roles of Administrative Agent, Security Agent, Mandated Lead Arrangers and ECA AgentBookrunners) as it applies to the Security Agent.