Common use of Lenders’ voting rights Clause in Contracts

Lenders’ voting rights. A Lender may by notice to the Facility Agent divide its share in any Utilisations and/or its Commitments into separate amounts to reflect participation or similar arrangements and require the separate amounts to be counted separately for the purpose of any vote or decision made or to be made by it in connection with this Agreement.

Appears in 3 contracts

Samples: Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International), Credit Agreement (MGM Resorts International)

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Lenders’ voting rights. A Lender may by notice to the Facility Agent divide its share in any Utilisations Loans and/or its Commitments into separate amounts to reflect participation or similar arrangements and require the separate amounts to be counted separately for the purpose of any vote or decision made or to be made by it in connection with this Agreement.

Appears in 2 contracts

Samples: Credit Facility Agreement (MGM Resorts International), Credit Facility Agreement (MGM Resorts International)

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