MISCELLANEOUS ACTIONS. (a) Notwithstanding any other provision of this Agreement, no single Revolving Credit Lender independently may exercise any right of action or enforcement against or with respect to any Loan Party.
(b) Each Agent shall be fully justified in failing or refusing to take action under this Agreement or any Loan Document on behalf of any Revolving Credit Lender unless that Agent shall first:
(i) receive such clear, unambiguous, written instructions as that Agent deems appropriate; and
(ii) be indemnified to that Agent’s satisfaction by the Revolving Credit Lenders against any and all liability and expense which may be incurred by that Agent by reason of taking or continuing to take any such action, unless such action had been grossly negligent, in willful misconduct, or in bad faith.
(c) Each Agent may establish reasonable procedures for the providing of direction and instructions from the Revolving Credit Lenders to that Agent, including its reliance on multiple counterparts, facsimile transmissions, and time limits within which such direction and instructions must be received in order to be included in a determination of whether the requisite Revolving Credit Lenders have provided their direction, Consent, or instructions.
MISCELLANEOUS ACTIONS. (a) Notwithstanding any other provision of this Agreement, no single Revolving Credit Lender independently may exercise any right of action or enforcement against or with respect to any Borrower.
(b) Each Agent shall be fully justified in failing or refusing to take action under this Agreement or any Loan Document on behalf of any Revolving Credit Lender unless such Agent shall first
(i) receive such clear, unambiguous, written instructions as such Agent deem appropriate; and
(ii) be indemnified to such Agent's satisfaction by the Revolving Credit Lenders against any and all liability and expense which may be incurred by such Agent by reason of taking or continuing to take any such action, unless such action had been grossly negligent, in willful misconduct, or in bad faith.
(c) The Agent may establish reasonable procedures for the providing of direction and instructions from the Revolving Credit Lenders to the Agent, including its reliance on multiple counterparts, facsimile transmissions, and time limits within which such direction and instructions must be received in order to be included in a determination of whether the requisite Lenders have provided their direction, Consent, or instructions.
MISCELLANEOUS ACTIONS. (a) Notwithstanding any other provision of this Credit Agreement, no single Lender (other than any Agent, as applicable) independently may exercise any right of action or enforcement against or with respect to the Borrower.
(b) The Agents shall be fully justified in failing or refusing to take action under this Credit Agreement or any Loan Document on behalf of any Lender unless the Agents shall first:
(i) receive such clear, unambiguous, written instructions as the Agents deem appropriate; and
(ii) be indemnified to that Agent's satisfaction by the Lenders against any and all liability and expense which may be incurred by that Agent by reason of taking or continuing to take any such action, unless such action had been grossly negligent, in willful misconduct, or in bad faith.
(c) The Agents may establish reasonable procedures for the providing of direction and instructions from the Lenders to the Agents, including their reliance on multiple counterparts, facsimile transmissions, and time limits within which such directions and instructions must be received in order to be included in a determination of whether the requisite Lenders have provided their direction, consent, or instructions.
(d) No waiver shall extend to or affect any obligation not expressly waived or impair any right consequent thereon. No course of dealing or delay or omission on the part of either of the Agents or any Lender in exercising any right shall operate as a waiver thereof or otherwise be prejudicial thereto. No notice to or demand upon the Borrower shall entitle the Borrower to other or further notice or demand in similar or other circumstances.
MISCELLANEOUS ACTIONS. (a) Notwithstanding any other provision of this Agreement, no single Lender independently may exercise any right of action or enforcement against or with respect to any Loan Party.
(b) Each Agent shall be fully justified in failing or refusing to take action under this Agreement or any Loan Document on behalf of any Lender unless that Agent shall first
(i) receive such clear, unambiguous, written instructions as that Agent deems appropriate; and
(ii) be indemnified to that Agent's satisfaction by the Lenders against any and all liability and expense which may be incurred by that Agent by reason of taking or continuing to take any such action, unless such action had been grossly negligent, in willful misconduct, or in bad faith.
MISCELLANEOUS ACTIONS. 118 16.9. Actions Requiring Lead Borrower's Consent.........................119 16.10. NonConsenting Revolving Credit Lender.............................120 Article 17 - ASSIGNMENTS BY REVOLVING CREDIT LENDERS:......................121
MISCELLANEOUS ACTIONS. 92 15.9. ACTIONS REQUIRING BORROWERS' CONSENT..........................92 15.10. NONCONSENTING REVOLVING CREDIT LENDER.........................92
MISCELLANEOUS ACTIONS. (a) Notwithstanding any other provision of this Agreement, no single Revolving Credit Lender independently may exercise any right of action or enforcement against or with respect to any Borrower.
(b) The Administrative Agent shall be fully justified in failing or refusing to take action under this Agreement or any Loan Document on behalf of any Revolving Credit Lender unless the Administrative Agent shall first
(i) receive such clear, unambiguous, written instructions as the Administrative Agent deems appropriate; and
(ii) be indemnified to the Administrative Agent's satisfaction by the Revolving Credit Lenders against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking or continuing to take any such action, unless such action had been grossly negligent, in willful misconduct, or in bad faith.
(c) The Administrative Agent may establish reasonable procedures for the providing of direction and instructions from the Revolving Credit Lenders to the Administrative Agent, including its reliance on multiple counterparts, facsimile transmissions, and time limits within which such direction and instructions must be received in order to be included in a determination of whether the requisite Revolving Credit Commitments has provided its direction, Consent, or instructions.
MISCELLANEOUS ACTIONS. Take such other actions as Seller and Purchaser may deem necessary or convenient for the consummation of the Closing, as set forth in closing instruction letters provided by parties.
MISCELLANEOUS ACTIONS. 99 15.9 Actions Requiring Lead Borrower's Consent....................................................99 15.10 NonConsenting Lender........................................................................100 SECTION 16 ASSIGNMENTS BY LENDERS...............................................................................101
MISCELLANEOUS ACTIONS. 123 16.9 Nonconsenting Lenders..............................................124 ARTICLE XVII ASSIGNMENTS AND PARTICIPATIONS..................................125 17.1 Assignments and Assumptions........................................125 17.2 Participations.....................................................127 17.3 Pledges To Federal Reserve Banks...................................128 ARTICLE XVIII-TERM...........................................................128 18.1. Termination of Revolving Credit....................................128 18.2. Effect of Termination..............................................128
