Majority Lenders’ Decisions. To the extent not otherwise stated in the Financing Documents, all amendments, consents and waivers under the Financing Documents may be given by the Agent acting on the direction of the Majority Lenders. Any changes in maturity, amounts payable, size of Commitments, the definition of Majority Lenders and this Clause 24.21 will, however, require unanimity of all Lenders.
Appears in 3 contracts
Samples: Account Pledge Agreement, Account Pledge Agreement (Mercer International Inc.), Mercer International Inc.
Majority Lenders’ Decisions. To the extent not otherwise stated in the Financing Documents, all amendments, consents and waivers under the Financing Documents may be given by the Agent acting on the direction of the Majority Lenders. Any changes in maturity, amounts payable, size of Commitmentschanges affecting the State Guarantee, changes in the Borrower, the Security, Clause 28 (Assignments and Transfers), the definition of Majority Lenders and this Clause 24.21 21.21 will, however, require unanimity of all Lenders.
Appears in 1 contract
Samples: Mercer International Inc.