Required Lender Approval Sample Clauses

Required Lender Approval. Any Subaccount in addition to those contemplated by Section 6.02(a) must be approved by the Lender.
Sample 1
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Required Lender Approval. As required by Section 10.3 of the Credit Agreement, this Second Amendment shall become effective as of the date first set forth above upon execution by the Borrower and each of the Lenders, satisfaction of the conditions precedent set forth herein and acknowledgment hereof by Grand Distributing Corp., Arnoxx Xxxnt Company, McNexx & Xons Auto Paint, Inc. and Santa Clarx Xxxor Service, Inc. The Lenders identified on the signature pages hereof constitute all of the Lenders as of the date first set forth above.
Sample 1
Required Lender Approval. As required by Section 10.3 of the Credit Agreement, this Fourth Amendment shall become effective as of the date first set forth above upon execution by the Borrower and Requisite Lenders and acknowledgement hereof by Grand Distributing Corp., Arnoxx Xxxnt Company, McNexx & Xons Auto Paint, Inc., Auto Body Supply Corporation, Automotive Paint and Supply Company, Incorporated and Santa Clarx Xxxor Service, Inc. The Lenders identified on the signature pages hereof constitute all of the Lenders as of the date first set forth above.
Sample 1
Required Lender Approval. As required by Section 10.3 of the Credit Agreement, this Third Amendment shall become effective as of the date first set forth above upon execution by the Borrower and Requisite Lenders and acknowledgement hereof by Grand Distributing Corp., Arnoxx Xxxnt Company, McNexx & Xons Auto Paint, Inc., Auto Body Supply Corporation, Automotive Paint and Supply Company, Incorporated and Santa Clarx Xxxor Service, Inc. The Lenders identified on the signature pages hereof constitute all of the Lenders as of the date first set forth above.
Sample 1
Required Lender Approval. The Administrative Agent shall have received this Agreement duly executed and delivered by the Required Lenders, the Additional Tranche D Term Loan Lenders, the Company and HoldCo.
Sample 1
Required Lender Approval. As required by Subsection 10.3 of the Credit Agreement, this Fifth Amendment shall become effective as of the date first set forth above upon execution by the Borrower and Requisite Lenders and acknowledgement hereof by Grand Distributing Corp., Arnoxx Xxxnt Company,
Sample 1

Related to Required Lender Approval

  • Lender Approval Manager shall assist Owner, as requested, in obtaining any approvals of proposed leases for the Project, the tenants and the terms thereof which may be required from the Project's lenders, including senior financing, mezzanine level financing or preferred equity (each, a "Lender" and collectively, "Lenders") in accordance with the terms of the applicable loan documents.

  • Lender Approvals Unless expressly provided herein to the contrary, any approval, consent, waiver or satisfaction of Agent or Lenders with respect to any matter that is the subject of this Agreement, the other Financing Documents may be granted or withheld by Agent and Lenders in their sole and absolute discretion and credit judgment.

  • Required Lenders As of any date, the Lender or Lenders whose aggregate Commitment Percentage is equal to or greater than sixty-six and 7/10 percent (66.7%) of the Total Commitment; provided that in determining said percentage at any given time, all then existing Defaulting Lenders will be disregarded and excluded and the Commitment Percentages of the Lenders shall be redetermined for voting purposes only to exclude the Commitment Percentages of such Defaulting Lenders.

  • Requisite Lenders’ Consent Subject to Section 10.5(b) and 10.5(c), no amendment, modification, termination or waiver of any provision of the Credit Documents, or consent to any departure by any Credit Party therefrom, shall in any event be effective without the written concurrence of the Requisite Lenders.

  • Requisite Stockholder Approval The Requisite Stockholder Approval shall have been obtained.

  • Requisite Approvals Upon execution of this Agreement, it will have taken all necessary actions pursuant to its governing documents or other legally sufficient means to fully authorize the execution and delivery of this Agreement and any transaction documents related hereto, and the consummation of the transactions contemplated hereby and thereby.

  • HSR Approval The applicable waiting period under the HSR Act shall have expired or been terminated.

  • Required Approval Any indemnification under this Article shall be made by the Trust if authorized in the specific case on a determination that indemnification of the Agent is proper in the circumstances by (i) a final decision on the merits by a court or other body before whom the proceeding was brought that the Agent was not liable by reason of Disqualifying Conduct (including, but not limited to, dismissal of either a court action or an administrative proceeding against the Agent for insufficiency of evidence of any Disqualifying Conduct) or, (ii) in the absence of such a decision, a reasonable determination, based upon a review of the facts, that the Agent was not liable by reason of Disqualifying Conduct, by (1) the vote of a majority of a quorum of the Trustees who are not (x) “interested persons” of the Trust as defined in Section 2(a)(19) of the 1940 Act, (y) parties to the proceeding, or (z) parties who have any economic or other interest in connection with such specific case (the “disinterested, non-party Trustees”); or (2) by independent legal counsel in a written opinion.

  • Majority Lenders Where this Agreement or any other Security Document provides for any matter to be determined by reference to the opinion of the Majority Lenders or to be subject to the consent or request of the Majority Lenders or for any decision or action to be taken on the instructions in writing of the Majority Lenders, such opinion, consent, request or instructions shall (as between the Lenders) only be regarded as having been validly given or issued by the Majority Lenders if all the Lenders with a Commitment and/or Contribution shall have received prior notice of the matter on which such opinion, consent, request or instructions are required to be obtained and the relevant majority of such Lenders shall have given or issued such opinion, consent, request or instructions but so that (as between the Borrowers and the Banks) the Borrowers shall be entitled (and bound) to assume that such notice shall have been duly received by each relevant Lender and that the relevant majority shall have been obtained to constitute Majority Lenders whether or not this is in fact the case.

  • Member Approval The “vote” or “approval” of the Members shall mean approval by a majority percentage of Membership Interest. Members shall vote or approve by their percentage interest as shown on Exhibit A of this Agreement. No annual or regular meetings of the Members are required. However, if such meetings are held, such meetings shall be noticed, held and conducted pursuant to the Act.

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