Majority Banks' directions. The Agent will be fully protected if it acts in accordance with the instructions of the Majority Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. Any such instructions given by the Majority Banks will be binding on all the Banks. In the absence of such instructions the Agent may act as it considers to be in the best interests of all the Banks.
Majority Banks' directions. Each Administrative Party will be fully protected if it acts in accordance with the instructions of the Majority Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. Any such instructions given by the Majority Banks will be binding on all the Banks. In the absence of such instructions, an Administrative Party may act or refuse to act as it considers to be in the best interests of all the Banks. No Administrative Party shall be liable to any Bank for any act (or omission) if it acts (or refrains from taking any action) in accordance with an instruction of the Majority Banks. An Administrative Party may refrain from acting in accordance with any instructions of any Bank or group of Banks until it has received any indemnification and/or security from such Bank or group of Banks that it may in its discretion require (which may be greater in extent than that contained in the Finance Documents and which may include payment in advance) for any cost, loss or liability which it may incur in complying with those instructions.
Majority Banks' directions. The Agent will be fully protected if it acts in accordance with the instructions of the Majority Banks (save where any Finance Document provides for instructions by all the Banks) in connection with the exercise of any right, power or discretion or any matter not expressly provided for in any Finance Document. Any such instructions given by the Majority Banks will be binding on the Agent and all the other Finance Parties. In the absence of such instructions, the Agent may act in relation thereto as it considers to be in the best interests of all the Finance Parties. The Agent may not commence legal proceedings in a other Finance Party’s name without its consent.
Majority Banks' directions. In the exercise of any right or power and -------------------------- as to any matter not expressly provided for by the Finance Documents, the Agent may act or refrain from acting in accordance with the instructions of the Majority Banks and shall be fully protected in so doing. In the absence of any such instructions, the Agent may act or refrain from acting as it shall see fit. Any such instructions shall be binding on all the Finance Parties.
Majority Banks' directions. The Agent or, as the case may be, the Swingline Agent will be fully protected if it acts in accordance with the instructions of the Majority Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. Any such instructions given by the Majority Banks will be binding on all the Banks. In the absence of such instructions the Agent or, as the case may be, the Swingline Agent may act as it considers to be in the best interests of all the Banks.
Majority Banks' directions. Each Administrative Party will be fully protected if it acts in accordance with the instructions of the Majority Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. Any such instructions given by the Majority Banks will be binding on all the Banks. In the absence of such instructions, an Administrative Party may act or refuse to act as it considers to be in the best interests of all the Banks. No Administrative Party shall be liable to any Bank for any act (or omission) if it acts (or refrains from taking any action) in accordance with an instruction of the Majority Banks.
Majority Banks' directions. The Agent will be fully protected if it acts in accordance with the instructions of the Majority XXX Xxxxx or, as provided in the Finance Documents, the Majority Banks or all the Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. Any such instructions given by the Majority XXX Xxxxx or Majority Banks will be binding on all the XXX Xxxxx or Banks (as the case may be). In the absence of such instructions, the Agent may act as it considers to be in the best interests of all the Banks (having consulted with as many of them as practicable in the circumstances).
Majority Banks' directions. (a) The Agent or, as the case may be, each Swingline Agent will be fully protected if it acts in accordance with the instructions of the Majority Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. Any such instructions given by the Majority Banks will be binding on all the Banks. In the absence of such instructions the Agent or, as the case may be, a Swingline Agent may act as it considers to be in the best interests of all the Banks.
(b) None of the Agent and the Swingline Agents is authorised to act on behalf of a Bank (without first obtaining that Bank's consent) in any legal proceedings relating to any Finance Documents.
Majority Banks' directions. Each of the Agent and the Security Agent will be fully protected if it acts in accordance with the instructions of the Majority Banks in connection with the exercise of any right, power or discretion or any matter not expressly provided for in the Finance Documents. The Agent or, as the case may be, the Security Agent will promptly notify the Banks of any instructions given by the Majority Banks. Any such instructions given by the Majority Banks will be binding on all the Banks. In the absence of such instructions, each of the Agent and the Security Agent may act as it considers to be in the best interests of all the Banks.
Majority Banks' directions. In the exercise of any right or power granted and as to any matter not expressly provided for by the Finance Documents, each Agent shall act in accordance with the instructions of the Majority Banks or as this Agreement may require and shall be fully protected in so doing. Any such instructions shall be binding on all the Banks. Subject to Clauses 26.7 and 26.16, in the absence of any such instructions and/or any relevant requirement contained in any Finance Document, each Agent may act or refrain from acting with respect to such right or power and as to any such matter as it shall see fit.
