Lenders Bound by Decision to Exercise Remedies. Each Lender agrees to be bound by a decision of the Majority Lenders to exercise the rights and remedies provided in this Agreement. Each Lender shall, subject to Applicable Law, do all acts and things as may be necessary or reasonable to enable the Administrative Agent to act pursuant to any decision.
Appears in 4 contracts
Samples: Credit Agreement (Tricon Residential Inc.), Credit Agreement (Quebecor Media Inc), Credit Agreement (Quebecor Media Inc)
Lenders Bound by Decision to Exercise Remedies. Each Lender agrees to be bound by a decision of the Majority Required Lenders to exercise the rights and remedies provided in this Agreement. Each Lender shall, subject to Applicable Law, do all acts and things as may be necessary or reasonable to enable the Administrative Agent Lenders to act pursuant to any decisiondecision of the Required Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Manulife Financial Corp), Credit Agreement (Manulife Financial Corp)
