Proceedings by individual Lender requiring Majority Lenders’ consent. Except as provided in Clause 3.2, no Lender and no Swap Bank may commence proceedings against any Borrower or any Security Party in connection with a Finance Document without the prior consent of the Majority Lenders.
Appears in 7 contracts
Samples: Loan Agreement, Loan Agreement, Loan Agreement (Dynagas LNG Partners LP)
Proceedings by individual Lender requiring Majority Lenders’ consent. Except as provided in Clause 3.2, no Lender and no Swap Bank may commence proceedings against any the Borrower or any Security Party in connection with a Finance Document or a Master Agreement without the prior consent of the Majority Lenders.
Appears in 4 contracts
Samples: Amending and Restating Agreement (GasLog Partners LP), Loan Agreement (GasLog Partners LP), Amending and Restating Agreement
Proceedings by individual Lender requiring Majority Lenders’ consent. Except as provided in Clause 3.2, no Lender and no Swap Bank may commence proceedings against any 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 (Product Shipping Ltd.), Loan Agreement (Product Shipping Ltd.)
Proceedings by individual Lender requiring Majority Lenders’ consent. Except as provided in Clause 3.2, no Lender and no Swap Bank may commence proceedings against any Borrower or any Security Party in connection with a Finance Document or a Master Agreement without the prior consent of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (GasLog Ltd.)
Proceedings by individual Lender requiring Majority Lenders’ consent. Except as provided in Clause 3.2, no Lender and no Swap Bank may commence proceedings against any the Borrower or any Security Party in connection with a Finance Document without the prior consent of the Majority Lenders.
Appears in 1 contract
Samples: Loan Agreement (DryShips Inc.)
Proceedings by individual Lender requiring Majority Lenders’ consent. Except as provided in Clause 3.22.2 (Individual Lxxxxx's right of action), no Lender and no Swap Bank may commence proceedings against any Borrower or any Security Party in connection with a Finance Document without the prior consent of the Majority Lenders.
Appears in 1 contract
