Lenders' Decisions Sample Clauses

Lenders' Decisions. The Lenders agree as among themselves that any decisions or elections to be made by the Lenders (and not Administrative Agent) under this Agreement and the other Loan Documents shall be made by the Required Lenders, except in the case, if any, where unanimity or a specific different number or percentage of the Lenders is expressly required under this Agreement or any other Loan Documents (use of the terms “Lenders” in any of the Loan Documents, without an express provision for different voting rights other than as set forth in the definition of Required Lenders, does not imply that unanimous consent is thereby required). Administrative Agent may, at its election, request any determination, vote, consent or approval by the Lenders in writing or orally (by telephone or in person). In addition, if any request by Administrative Agent for the Lenders’ determination or approval hereunder is made in writing and such writing contains written notice to the Lenders requesting a response within ten (10) Business Days, or longer, from the date the Lenders are deemed to have received notice as herein provided (and setting forth the actual date of the last day of the Lender reply period), then the Lenders shall use reasonable efforts to reply within the applicable reply period, provided, that if any such Lender does not reply within the applicable reply period, such Lender shall be deemed not to have approved of or consented to or concurred with such recommendation or determination.
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Lenders' Decisions. Until a Loan Assignment is made, all Lenders' Decisions shall be made solely by FINOVA. After a Loan Assignment is made, any Lenders' Decisions which may be made pursuant to the Loan Instruments by Lenders or as to which the Lenders shall have the right to consent shall be made as set forth in the applicable Lender Addition Agreements; provided, however, that (i) except as set forth in clause (ii) below, such Lender Addition Agreements shall provide that any holder or holders of 67% or more of the Principal Balance shall have the right to make all Lenders' Decisions and to consent to any matter arising under the Loan Instruments without obtaining the consent of any other holder or holders of the Principal Balance and (ii) the Lender Addition Agreements may provide that the consent of all Lenders shall be required for Lenders' Decisions relating to (A) increasing the amount of the Loan, (B) extending the Maturity Date, (C) altering the interest rates applicable to or the repayment terms of the Loan or (D) amending Article VII or Article IX.
Lenders' Decisions. Until a Loan Assignment is made, all Lenders' Decisions shall be made solely by FINOVA. After a Loan Assignment is made, any Lenders' Decisions which may be made pursuant to the Loan Instruments by Lenders or as to which the Lenders shall have the right to consent shall be made as set forth in the applicable Lender Addition Agreements.
Lenders' Decisions. 5.2.1 The decisions that correspond to the Lenders under this Agreement shall be adopted, save when otherwise expressly provided for in this Agreement, by the Majority Lenders. Any decision adopted by the Majority Lenders that amend or waive any of the terms and conditions of this Agreement shall be binding upon each and every one of the Lenders.
Lenders' Decisions. (a) Any amendment to this Agreement relating to the following matters, and the granting of any waiver or consent by the Lenders in respect of such matters, shall require the unanimous agreement of the Lenders: (i) changes to the interest rates and fees payable in respect of Facility A; (ii) increases in the maximum amount of credit available under Facility A; (iii) extensions of the Maturity Date; (iv) changes to the scheduled dates or the scheduled amounts for Repayments hereunder; (v) releases of all or any portion of the Security, except to the extent provided in paragraph (c) below; (vi) the definitions of "Required Lenders" and "Proportionate Share" in Section 1.01; (vii) any provision of this Agreement which expressly states that the unanimous consent of the Lenders is required in connection with any action to be taken or consent to be provided by the Lenders; and (viii) this Section 9.01. (b) Except for the matters described in paragraph (a) above, any amendment to this Agreement shall be effective if made among the Credit Parties, the Agent and the Required Lenders, and for greater certainty any such amendment which is agreed to by the Required Lenders shall be final and binding upon all Lenders.
Lenders' Decisions. 85 28. INDEMNITIES.......................................................... 86 29. MISCELLANEOUS........................................................ 87 30.
Lenders' Decisions. 28.1 Procedures (a) Subject to clauses 28.2 (Exceptions) and 28.3 (Express provisions), any provision of any Senior Finance Document may be amended or waived (each a "Modification") with the agreement of the Majority Lenders and the Parent. A Modification so agreed may be effected by the Facility Agent executing any documents which may be required for that purpose on behalf of itself and all the other Finance Parties and the Parent executing those documents on behalf of itself and all the other Obligors. (b) The Facility Agent will as soon as practicable after any Modification is made in accordance with clause 28.1(a) notify the other parties to the Senior Finance Documents. Any such Modification will take effect from the date on which that notification is given (or any later date which the Facility Agent may specify in that notification) and will be binding on all parties to the Senior Finance Documents.
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Lenders' Decisions. 53 ARTICLE X.................................................................... 54
Lenders' Decisions. Until a Loan Assignment is made, all Lenders' Decisions shall be made solely by FINOVA. After a Loan Assignment is made, any Lenders' Decisions which may be made pursuant to the Loan Instruments by Lenders or as to which the Lenders shall have the right to consent shall be made as set forth in the applicable Lender Addition Agreements but in any event by not less than 51% of all Lenders nor more than 66.67% of all Lenders, except that the unanimous consent of all Lenders shall be required to (i) increase the Revolving Loan Commitment or the Principal Balance of the Term Loan, (ii) compromise the Principal Balance or alter the rate of interest payable on or fees payable with respect to the Loans, (iii) postpone any date fixed for any payment of principal or interest on any Loan, (iv) amend or modify this Section 9.5 or (iv) release any of the Security Interests except in connection with a Permitted Asset Sale or other disposition permitted under Section 7.12.
Lenders' Decisions. Any amendment to this Agreement relating to the following matters, and the granting of any waiver or consent by the Lenders in respect of such matters, shall require the unanimous agreement of the Lenders:
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