Common use of Lenders’ instructions Clause in Contracts

Lenders’ instructions. (A) Unless a contrary indication appears in a Finance Document, each Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.

Appears in 4 contracts

Samples: Intercompany Loan Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.), Facility Agreement (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs

Lenders’ instructions. (A) Unless a contrary indication appears in a Finance Document, each the Facility Agent shall (i) exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement Agreements (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Facility Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.

Appears in 3 contracts

Samples: Credit Facility Agreement (Kosmos Energy Ltd.), Charge Over (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Lenders’ instructions. (A) Unless a contrary indication appears in a Finance Document, each the Facility Agent shall (i) exercise any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Facility Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.

Appears in 3 contracts

Samples: And Restatement Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.), Agreement (Kosmos Energy Ltd.)

Lenders’ instructions. (A) 26.7.1 Unless a contrary indication appears in a Finance Document, each the Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructedinstructed by the Lenders, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructionsan instruction of the Lenders.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Agreement (HCC Insurance Holdings Inc/De/)

Lenders’ instructions. (Aa) Unless a contrary indication appears in a Finance Documentthis Agreement, each the Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement an Instructing Group (or, if so instructedinstructed by an Instructing Group, refrain refrains from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions).

Appears in 2 contracts

Samples: Credit Agreement, Spanish Buyer Credit Agreement

Lenders’ instructions. (Aa) Unless a contrary indication appears in a Finance Document, each the Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructedinstructed by the Lenders, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructionsan instruction of the Lenders.

Appears in 2 contracts

Samples: Restated Agreement (HCC Insurance Holdings Inc/De/), Restated Agreement (HCC Insurance Holdings Inc/De/)

Lenders’ instructions. (Aa) Unless a contrary indication appears in a Finance Documentthis Agreement, each the Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement an Instructing Group (or, if so instructedinstructed by an Instructing Group, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions).

Appears in 1 contract

Samples: Term Commercial Loan Agreement

Lenders’ instructions. (A) Unless a contrary indication appears in a Finance Document, each Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance 146 with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

AutoNDA by SimpleDocs

Lenders’ instructions. (A) 27.7.1 Unless a contrary indication appears in a Finance Document, each the Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructedinstructed by the Lenders, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructionsan instruction of the Lenders.

Appears in 1 contract

Samples: HCC Insurance Holdings Inc/De/

Lenders’ instructions. (A) 26.6.1 Unless a contrary indication appears in a Finance Document, each the Agent shall (i) shall: exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the all Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructedinstructed by all Lenders, refrain from exercising any right, power, authority or discretion vested in it as Agent) ; and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructionsan instruction of all Lenders.

Appears in 1 contract

Samples: And Restatement Agreement (Central European Distribution Corp)

Lenders’ instructions. (A) Unless a contrary indication appears in a Finance Document, each Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.by:

Appears in 1 contract

Samples: Assignment Agreement (Vaalco Energy Inc /De/)

Lenders’ instructions. (A) Unless a contrary indication appears in a Finance Document, each Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.by

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

Lenders’ instructions. (AP) Unless a contrary indication appears in a Finance Document, each Agent shall (i) exercise any right, power, authority or discretion vested in it as Agent in accordance with any instructions given to it by the Lenders in accordance with this Agreement and the Intercreditor Agreement (or, if so instructed, refrain from exercising any right, power, authority or discretion vested in it as Agent) and (ii) not be liable for any act (or omission) if it acts (or refrains from taking any action) in accordance with such instructions.by

Appears in 1 contract

Samples: Facility Agreement (Kosmos Energy Ltd.)

Time is Money Join Law Insider Premium to draft better contracts faster.