Common use of Instructing Group’s Instructions Clause in Contracts

Instructing Group’s Instructions. (a) Unless a contrary indication appears in a Relevant Finance Document, the Facility Agent shall (i) act in accordance with any instructions given to it by an Instructing Group or Revolving Facility Instructing Group, as applicable (or, if so instructed by an Instructing Group or Revolving Facility Instructing Group, as applicable, refrain from acting or exercising any right, power, authority or discretion vested in it as Facility Agent) and (ii) shall not be liable to any Relevant Finance Party for any act (or omission) if it acts (or refrains from taking any action) in accordance with such an instruction of an Instructing Group.

Appears in 4 contracts

Samples: Senior Facilities Agreement (Virgin Media Inc.), Senior Facilities Agreement (Virgin Media Inc.), Agreement (Virgin Media Inc.)

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