Common use of Matters Reserved to all Lenders Clause in Contracts

Matters Reserved to all Lenders. Absent the prior approval of all Lenders, Agent shall not forgive any principal included in the Obligations; waive or amend any interest rate applicable to the Obligations; waive or amend the Termination Date; waive or amend the amount of any Lender’s Revolving Credit Commitment; waive a Default arising from non-payment of any principal or interest due on the Obligations; accelerate the maturity of the Obligations; or amend the definitions of Pro Rata Share or Required Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Insurance Co)

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Matters Reserved to all Lenders. Absent the prior approval of all Lenders, Agent shall not forgive any principal included in the Obligations; waive or amend any interest rate applicable to the Obligations; waive or amend the Termination Maturity Date; waive or amend the amount of any Lender’s Revolving Credit Commitment; waive a an Event of Default arising from non-payment of any principal or interest due on the Obligations; accelerate the maturity of the Obligations; or amend the definitions of Pro Rata Share or Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

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Matters Reserved to all Lenders. Absent the prior approval of all Lenders, Agent shall not forgive any principal included in the Obligations; waive or amend any interest rate applicable to the Obligations; waive or amend the Termination Maturity Date; waive or amend the amount of any Lender’s Revolving Credit 's Commitment; waive a an Event of Default arising from non-payment of any principal or interest due on the Obligations; accelerate the maturity of the Obligations; or amend the definitions of Pro Rata Share or Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Books a Million Inc)

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