Common use of LENDER'S OR AGENT'S DISCRETION Clause in Contracts

LENDER'S OR AGENT'S DISCRETION. Whenever the terms "satisfactory to Lenders or Agent," "determined by Lenders or Agent," "acceptable to Lenders or Agent," "Lenders or Agent shall elect," "Lenders or Agent shall request," "at the option or election of Lenders or Agent," or similar terms are used in the Loan Instruments, except as otherwise specifically provided therein, such terms shall mean satisfactory to, at the election or option of, determined by, acceptable to or requested by Lenders or Agent, as applicable, in their or its sole and unlimited discretion.

Appears in 6 contracts

Samples: Loan Agreement (Aquis Communications Group Inc), Loan Agreement (Security Associates International Inc), Loan Agreement (Security Associates International Inc)

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LENDER'S OR AGENT'S DISCRETION. Whenever the terms "satisfactory to Lenders or Agent," "determined by Lenders or Agent," "acceptable to Lenders or Agent," "Lenders or Agent shall elect," "Lenders or Agent shall request," "at the option or election of Lenders or Agent," or similar terms are used in the Loan Instruments, except as otherwise specifically provided therein, such terms shall mean satisfactory to, at the election or option of, determined by, acceptable to or requested by Lenders or Agent, as applicable, Agent in their or its sole and unlimited discretion, as applicable.

Appears in 1 contract

Samples: Loan Agreement (Millers Mutual Fire Insurance Co)

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