Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party or any other Loan Party or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
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Samples: Credit Agreement (Stellex Industries Inc), Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (General Inspection Laboratories Inc)
Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party or any other Loan Party or the Borrowers with respect to the Obligations or any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
Appears in 2 contracts
Samples: Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (General Inspection Laboratories Inc)
Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party the Borrower or any other Loan Party or with respect to any Collateralthe Obligations, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
Appears in 2 contracts
Samples: Credit Agreement (Watson Pharmaceuticals Inc), Credit Agreement (Watson Pharmaceuticals Inc)
Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party or any other Loan Party or the Borrower with respect to the Obligations or any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
Appears in 2 contracts
Samples: Credit Agreement (Stellex Industries Inc), Credit Agreement (Stellex Technologies Inc)
Relations Among Lenders. Each Lender agrees that it will shall not take any legal action, nor institute any actions or proceedings, against any Loan Party the Borrowers or any other Loan Party obligor hereunder or with respect to any Collateral, Collateral without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, or terminate its Commitments except in accordance with Section 11.02(a)) or a setoff permitted under Section 13.05.
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Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party the Borrower or any other Loan Party or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a)11.02.
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Relations Among Lenders. Each Lender Lender, in its capacity ----------------------- as a Lender, agrees that it will not take any legal action, nor institute any actions or proceedingsproceedings in connection with any of the Loan Documents, against any Loan Party or any other Loan Party obligor hereunder or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
Appears in 1 contract
Samples: Credit Facility Agreement (JPS Textile Group Inc /De/)
Relations Among Lenders. 134 Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party Borrower or any other Loan Party obligor hereunder or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
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Relations Among Lenders. Each Lender agrees that it will not ----------------------- take any legal action, nor institute any actions or proceedings, against any Loan Party the Borrower or any other Loan Party or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).. ----------------
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Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Stellex Party or any other Loan Stellex Party or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
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Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party the Borrower or any other Loan Party or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).
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Relations Among Lenders. Each Lender agrees that it will shall not take any legal action, nor institute any actions or proceedings, against any Loan Party Borrower or any other Loan Party obligor hereunder or with respect to any Collateral, Collateral without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, or terminate its Commitments except in accordance with Section 11.02(a)) or a setoff permitted under Section 14.05.
Appears in 1 contract
Samples: Credit Agreement (NMHG Holding Co)
Relations Among Lenders. Each Lender agrees that it will not take any legal action, nor institute any actions or proceedings, against any Loan Party the Borrower or any other Loan Party or with respect to any Collateral, without the prior written consent of the Requisite Lenders. Without limiting the generality of the foregoing, no Lender may accelerate or otherwise enforce its portion of the Obligations, except in accordance with Section 11.02(a).the
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