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Common use of Private Act Clause in Contracts

Private Act. No Credit Party will become subject to a Private Act which, in the reasonable determination of the Administrative Agent, would be adverse in any material respect to the rights or interests of the Lenders.

Appears in 5 contracts

Samples: Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD), Credit Agreement (Platinum Underwriters Holdings LTD)

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Private Act. No Not permit any Credit Party will become to be subject to a Private Act which, in the reasonable determination of the Administrative Agent, would be adverse in any material respect to the rights or interests of the Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Ipc Holdings LTD), Credit Agreement (Max Capital Group Ltd.)

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