Common use of Lenders Not in Control Clause in Contracts

Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents or the Lenders the Right to exercise control over the assets (including, without limitation, real property), affairs, or management of any Company, the power of the Agents and the Lenders being limited to the Right to exercise the remedies provided in this Section 9.

Appears in 6 contracts

Samples: Credit Agreement (Centurylink, Inc), Credit Agreement (Centurylink, Inc), Revolving Credit Agreement (Centurylink, Inc)

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Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents Administrative Agent or the Lenders the Right to exercise control over the assets (including, without limitation, real propertyReal Property), affairs, or management of any Company, the power of the Agents Administrative Agent and the Lenders being limited to the Right to exercise the remedies provided in this Section 98.

Appears in 4 contracts

Samples: Credit Agreement (Qwest Corp), Credit Agreement (Lumen Technologies, Inc.), Credit Agreement (Qwest Corp)

Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents or the Lenders the Right to exercise control over the assets (including, without limitation, real property), affairs, or management of any Company, the power of the Agents and the Lenders being limited to the Right to exercise the remedies provided in this Section 97.

Appears in 4 contracts

Samples: Competitive Advance and Revolving Credit Facility Agreement (Century Telephone Enterprises Inc), 364 Day Revolving Credit Agreement (Centurytel Inc), Revolving Credit Facility Agreement (Centurytel Inc)

Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents or the Lenders the Right or power to exercise control over the assets (including, without limitation, real property), affairs, affairs or management of any CompanyBorrower or any Subsidiary Guarantor, the power of the Agents and the Lenders being limited to the Rights of creditors generally and the Right to exercise the remedies provided in this Section 9Article IX.

Appears in 4 contracts

Samples: Amendment and Restatement Agreement (Electronic Data Systems Corp /De/), Three Year Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/), Revolving Credit Agreement (Electronic Data Systems Corp /De/)

Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents or the Lenders the Right or power to exercise control over the assets (including, without limitation, real property), affairs, affairs or management of any CompanyBorrower, the power of the Agents and the Lenders being limited to the Rights of creditors generally and the Right to exercise the remedies provided in this Section 9Article IX.

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Electronic Data Systems Corp /De/), Multi Currency Revolving Credit Agreement (Electronic Data Systems Corp /De/)

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Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents Administrative Agent or the Lenders the Right to exercise control over the assets (including, without limitation, real property), affairs, or management of any Company, the power of the Agents Administrative Agent and the Lenders being limited to the Right to exercise the remedies provided in this Section 98.

Appears in 2 contracts

Samples: Credit Agreement (Centurylink, Inc), Credit Agreement (Centurylink, Inc)

Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents or the Lenders the Right to exercise control over the assets (including, without limitation, real property), affairs, or management of any Company, the power of the Agents and the Lenders being limited to the Right to exercise the remedies provided in this Section 98.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Centurytel Inc), 364 Day Revolving Credit Agreement (Centurytel Inc)

Lenders Not in Control. None of the covenants or other provisions contained in this Agreement or in any other Loan Paper shall, or shall be deemed to, give the Agents any Lender or the Lenders Agent the Right to exercise control over the assets (including, without limitation, real property), affairs, affairs or management of any CompanyObligor, the power Rights of the Agents Lenders and the Lenders Agent being limited to the Right (subject to the Communications Act) to exercise the remedies provided in this Section 9Article VIII and the other Loan Documents or otherwise available at Law or in equity.

Appears in 1 contract

Samples: Credit Agreement (SFX Broadcasting Inc)

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