No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 2 contracts
Samples: Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Group Inc)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Required Lenders (or, where expressly required by the terms of this Agreement, a such greater or other proportion of the Lenders).
Appears in 2 contracts
Samples: Credit Agreement (Par Technology Corp), Credit Agreement (2U, Inc.)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except (subject to clause (b) below) any action it is required to take or omit to take (i) under any Loan Transaction Document or (ii) pursuant to written instructions from the Requisite Lenders Majority Purchasers (or, where expressly required or permitted by the terms of this Agreement, a greater proportion any number of the LendersPurchasers).
Appears in 2 contracts
Samples: Revenue Interest Purchase and Sale Agreement (Verona Pharma PLC), Revenue Interest Purchase and Sale Agreement (Verona Pharma PLC)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except (subject to clause (b) below) any action it is required to take or omit to take (i) under any Loan Transaction Document or (ii) pursuant to written instructions from the Requisite Lenders Majority Purchasers (or, where expressly required by the terms of this Agreement, a greater proportion of the LendersPurchasers).
Appears in 2 contracts
Samples: Revenue Interest Financing Agreement (BioXcel Therapeutics, Inc.), Revenue Interest Financing Agreement (Impel Pharmaceuticals Inc)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except (subject to clause (b) below) any action it is required to take or omit to take (i) under any Loan Notes Document or (ii) pursuant to instructions from the Requisite Lenders Majority Noteholders (or, where expressly required by the terms of this Agreement, a greater proportion of the LendersNoteholders).
Appears in 1 contract
Samples: Notes Purchase Agreement and Guaranty (MeiraGTx Holdings PLC)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Required Lenders).
Appears in 1 contract
Samples: Term Loan Agreement (Bombay Co Inc)
No Action without Instructions. The Administrative Agent shall not be be(a) required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Required Lenders (or, where expressly required by the terms of this Agreement, a the Required Revolving Lenders or such greater or other proportion of the Lenders).
Appears in 1 contract
Samples: Credit Agreement (Blend Labs, Inc.)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except (subject to clause (b) below) any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Majority Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Required Lenders, Required Lenders β FILO Tranche or Required Lenders β Tranche A (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).any
Appears in 1 contract
No Action without Instructions. The TheSECTION 10.3 Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
Samples: Credit Agreement (White Mountains Insurance Group LTD)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).136158242.1 136158242.6 82
Appears in 1 contract
Samples: Term Loan Agreement (Axogen, Inc.)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Credit Document or (ii) pursuant to instructions from the Requisite Required Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
Samples: Credit Agreement (Clearwater Analytics Holdings, Inc.)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to instructions from the Requisite Majority Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
Samples: Term Loan Agreement (Axogen, Inc.)
No Action without Instructions. The Administrative Agent shall not be required to exercise any discretion or take, or to omit to take, any action, including with respect to enforcement or collection, except (subject to Section 12.03(b) below) any action it is required to take or omit to take (i) under any Loan Document or (ii) pursuant to written instructions from the Requisite Majority Lenders (or, where expressly required by the terms of this Agreement, a greater proportion of the Lenders).
Appears in 1 contract
