Limitation on Enforcement. The Secured Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties and that no Secured Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 4 contracts
Samples: Credit Agreement (Gencorp Inc), Credit Agreement (Gencorp Inc), 000 Credit Agreement (Juno Lighting Inc)
Limitation on Enforcement. The Secured Parties agree that this the Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties in its sole discretion and that no Secured Party Purchaser or Purchaser Agent shall have any right individually to seek to enforce or to enforce this the Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 3 contracts
Samples: Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc), Sale and Servicing Agreement (Capitalsource Inc)
Limitation on Enforcement. The Secured Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties Lenders and that no Secured Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 3 contracts
Samples: Credit Agreement and Waiver (Bravo Brio Restaurant Group, Inc.), Credit Agreement (Bravo Brio Restaurant Group, Inc.), Credit Agreement (Bravo Brio Restaurant Group, Inc.)
Limitation on Enforcement. The Secured Guaranteed Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties Lenders and that no Secured Guaranteed Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Guaranteed Parties under the terms of this Credit Agreement and under any Secured Guaranteed Hedging Agreement. The Secured Guaranteed Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the GuarantorsGuarantor.
Appears in 2 contracts
Samples: Credit Agreement (Hewitt Associates Inc), Credit Agreement (Hewitt Associates Inc)
Limitation on Enforcement. The Secured Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties Lenders and that no Secured Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging AgreementBank Product. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 2 contracts
Samples: Credit Agreement (Gencorp Inc), Credit Agreement (Gencorp Inc)
Limitation on Enforcement. The Secured Parties agree that this the Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties in its sole discretion and that no Secured Party Purchaser, Purchaser Agent or Hedge Counterparty shall have any right individually to seek to enforce or to enforce this the Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
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Limitation on Enforcement. The Secured Guaranteed Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties Lenders and that no Secured Guaranteed Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Guaranteed Parties under the terms of this Credit Loan Agreement and under any Secured Guaranteed Hedging Agreement. The Secured Guaranteed Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the GuarantorsGuarantor.
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Limitation on Enforcement. The Secured Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties and that no Secured Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Canadian Guarantors.
Appears in 1 contract
Limitation on Enforcement. The Secured Parties agree that this the Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions Trustee, on behalf of the Required Secured Parties and at the direction of the Agent, and that no Secured Party Note Purchaser shall have any right individually to seek to enforce or to enforce this the Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent Trustee for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 1 contract
Limitation on Enforcement. The Secured Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent (including, without limitation, acting upon the instructions (or with the consent) of the Required Secured Parties Lenders) and that no Secured Party (other than the Administrative Agent) shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 1 contract
Samples: Credit Agreement (Blue Bird Corp)
Limitation on Enforcement. The Secured Parties agree that this Guaranty may be enforced only by the action of the Administrative Agent acting upon the instructions of the Required Secured Parties Purchasers and that no Secured Party shall have any right individually to seek to enforce or to enforce this Guaranty, it being understood and agreed that such rights and remedies may be exercised by the Administrative Agent for the benefit of the Secured Parties under the terms of this Credit Agreement and under any Secured Hedging Note Purchase Agreement. The Secured Parties further agree that this Guaranty may not be enforced against any director, officer, employee or stockholder of the Guarantors.
Appears in 1 contract
Samples: Note Purchase Agreement (Bravo Brio Restaurant Group, Inc.)