Common use of Replacement of Non-Consenting Lenders Clause in Contracts

Replacement of Non-Consenting Lenders. If any Lender does not consent to a proposed amendment, waiver, consent or release with respect to any Loan Document that requires the consent of each Lender and that has been approved by the Required Lenders, the Borrower may replace such non-consenting Lender in accordance with Section 11.13; provided that such amendment, waiver, consent or release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrower to be made pursuant to this paragraph).

Appears in 9 contracts

Samples: Ratification and Amendment Agreement (Cenveo, Inc), Senior Secured Super Priority Priming Debtor in Possession Credit Agreement (Cenveo, Inc), Credit Agreement (Cenveo, Inc)

AutoNDA by SimpleDocs

Replacement of Non-Consenting Lenders. If any Lender does not consent to a proposed amendment, waiver, consent or release with respect to any Loan Credit Document that requires the consent of each Lender or each Lender directly affected thereby and that has been approved by the Required Requisite Lenders, the Borrower may replace such non-consenting Lender in accordance with Section 11.132.22(b); provided that such amendment, waiver, consent or release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrower to be made pursuant to this paragraph).

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (Digitalglobe, Inc.), Credit Agreement (Digitalglobe, Inc.), Credit and Guaranty Agreement (Digitalglobe, Inc.)

Replacement of Non-Consenting Lenders. If any Lender ------------------------------------- does not consent to a proposed amendment, waiver, consent or release with respect to any Loan Document that requires the consent of each Lender and that has been approved by the Required Lenders, the Borrower may replace such non-consenting Lender in accordance with Section 11.13; provided that such amendment, waiver, consent or ------------- -------- release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrower to be made pursuant to this paragraph).

Appears in 1 contract

Samples: Credit Agreement (Cenveo, Inc)

AutoNDA by SimpleDocs

Replacement of Non-Consenting Lenders. If any Lender does not consent to a proposed amendment, waiver, consent or release with respect to any Loan Credit Document that requires the consent of each Lender or each Lender directly affected thereby and that has been approved by the Required Requisite Lenders, the Borrower Borrowers may replace such non-consenting Lender in accordance with Section 11.132.22(b); provided that such amendment, waiver, consent or release can be effected as a result of the assignment contemplated by such Section (together with all other such assignments required by the Borrower Borrowers to be made pursuant to this paragraph).

Appears in 1 contract

Samples: Credit and Guaranty Agreement (AVG Technologies N.V.)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!