Required GIEK Lenders’ instructions. (a) Unless a contrary indication appears in a Finance Document, the GIEK Facility Agent shall (i) exercise any right, power, authority or discretion vested in it as GIEK Facility Agent in accordance with any instructions given to it by the Required GIEK Lenders (or, if so instructed by the Required GIEK Lenders and/or the GIEK agent, as the case may be, refrain from exercising any right, power, authority or discretion vested in it as GIEK Facility Agent) and (ii) not be liable for any act (or omission) if it acts in accordance with an instruction of the Required GIEK Lenders.
Appears in 4 contracts
Samples: Secured Term Loan Facility Agreement, www.sec.gov, Loan Facility Agreement (Seadrill Partners LLC)
