Common use of Lender Participations Clause in Contracts

Lender Participations. Each Lender may sell participations (without the consent of Agent, Borrower or any other Person) to one or more Persons in or to all or a portion of its rights and obligations under this Agreement, the Notes and/or the other Credit Documents. Notwithstanding a Lender's sale of a participation interest, its obligations hereunder shall remain unchanged. Borrower, Agent, and the other Lenders shall continue to deal solely and directly with such Lender. No participant shall have rights to approve any amendment or waiver of this Agreement except to the extent such amendment or waiver would (i) increase the Revolver Commitment of the Lender from whom the participant purchased its participation interest; (ii) reduce the principal of, or rate or amount of interest on the Loans subject to such participation, (iii) postpone any date fixed for any payment of principal of, or interest on, the Loans subject to the participation interest, or (iv) release any guarantor of the Obligations, except when otherwise permitted hereunder. In the case of any such participation, the participant shall not have any rights under this Agreement or any of the other Credit Documents (the participant's rights against such Lender in respect of such participation to be those set forth in the agreement executed by such Lender in favor of the participant relating thereto) and all amounts payable by the Borrower hereunder shall be determined as if such Lender had not sold such participation.

Lender Participations. Each Lender may sell participations (without the consent of Agent, Borrower or any other Person) to one or more Persons parties (each, a "Participant") in or to all or a portion of its rights and obligations under this Agreement, the Notes and/or and the other Credit Loan Documents. Notwithstanding a Lender's sale of a participation interest, its such Lender's obligations hereunder shall remain unchanged. The Borrower, the Agent, and the other Lenders shall continue to deal solely and directly with such Lender. No participant Lender shall have rights grant any Participant the right to approve any amendment or waiver of this Agreement except to the extent such amendment or waiver would (i) increase the Revolver Commitment of the Lender from whom which the participant Participant purchased its participation interest; (ii) reduce the principal of, or rate or amount of interest on on, the Loans subject to such participation, participation interest; or (iii) postpone any date fixed for any payment of principal of, or interest on, the Loans subject to the such participation interest. To the extent permitted by applicable law, or (iv) release any guarantor each Participant shall also be entitled to the benefits of the ObligationsSection 11.3 as if it were a Lender, except when otherwise permitted hereunder. In the case of any provided that such participation, the participant shall not have any rights under this Agreement or any of the other Credit Documents (the participant's rights against such Lender in respect of such participation Participant agrees to be those set forth in subject to the agreement executed by such Lender in favor last sentence of the participant relating theretoSection 2.9(b) and all amounts payable by the Borrower hereunder shall be determined as if such Lender had not sold such participationit were a Lender.

Lender Participations. Each Lender may sell participations (without the consent of Agent, Borrower or any other Person) to one or more Persons parties (each, a “Participant”) in or to all or a portion of its rights and obligations under this Agreement, the Notes and/or and the other Credit Loan Documents. Notwithstanding a Lender's ’s sale of a participation interest, its such Lender’s obligations hereunder shall remain unchanged. BorrowerThe Borrowers, the Agent, and the other Lenders shall continue to deal solely and directly with such Lender. No participant Lender shall have rights grant any Participant the right to approve any amendment or waiver of this Agreement except to the extent such amendment or waiver would (i) increase the Revolver Commitment of the Lender from whom which the participant Participant purchased its participation interest; (ii) reduce the principal of, or rate or amount of interest on on, the Loans or participations in Letters of Credit subject to such participation, participation interest; or (iii) postpone any date fixed for any payment of principal of, or interest on, the Loans or participations in Letters of Credit subject to such participation interest. To the extent permitted by applicable law, each Participant shall also be entitled to the benefits of Sections 4.10 and 12.4 as if it were a Lender, provided that such Participant agrees to be subject to the participation interest, or (ivlast sentence of Section 2.9(b) release any guarantor of the Obligations, except when otherwise permitted hereunder. In the case of any such participation, the participant shall not have any rights under this Agreement or any of the other Credit Documents (the participant's rights against such Lender in respect of such participation to be those set forth in the agreement executed by such Lender in favor of the participant relating thereto) and all amounts payable by the Borrower hereunder shall be determined as if such Lender had not sold such participationit were a Lender.

Lender Participations. Each Lender may sell participations (without the consent of the Administrative Agent, Borrower or any other Person) to one or more Persons in or to all or a portion of its rights and obligations under this Agreement, the Notes and/or the other Credit Documents. Notwithstanding a Lender's sale of a participation interest, its obligations hereunder shall remain unchanged. Borrower, each Agent, and the other Lenders shall continue to deal solely and directly with such Lender. No participant shall have rights to approve any amendment or waiver of this Agreement except to the extent such amendment or waiver would (i) increase the Revolver Commitment of the Lender from whom the participant purchased its participation interest; (ii) reduce the principal of, or rate or amount of interest on the Loans subject to such participation, (iii) postpone any date fixed for any payment of principal of, or interest on, the Loans subject to the participation interest, or (iv) release any guarantor of the ObligationsObligations or all or a substantial portion of the Collateral, except when otherwise permitted hereunder. In the case of any such participation, the participant shall not have any rights under this Agreement or any of the other Credit Documents (the participant's rights against such Lender in respect of such participation to be those set forth in the agreement executed by such Lender in favor of the participant relating thereto) and all amounts payable by the Borrower hereunder shall be determined as if such Lender had not sold such participation.