Proceedings by individual Lender requiring Majority Lender consent. Except as provided in Clause 3.2, no Lender may commence proceedings against the Borrower or any Security Party in connection with a Finance Document without the prior consent of the Majority Lenders.
Appears in 6 contracts
Samples: Loan Agreement (GasLog Ltd.), Loan Agreement (GasLog Ltd.), Loan Agreement (Crude Carriers Corp.)
Proceedings by individual Lender requiring Majority Lender consent. Except as provided in Clause 3.2, no No Lender may commence proceedings against the Borrower or any Security Party in connection with a Finance Document without the prior consent of the Majority Lenders.
Appears in 2 contracts
Samples: Loan Agreement (Euronav NV), Agreement (Euronav NV)