Required Lender Approval Sample Clauses

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.
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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
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. 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. Any Subaccount in addition to those contemplated by Section 6.02(a) must be approved by the Lender.
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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

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’ Consent Subject to Section 11.4(b) and Section 11.4(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 Administrative Agent and the Required Lenders; provided that (i) the Administrative Agent may, with the consent of the Borrower only, amend, modify or supplement this Agreement to cure any ambiguity, omission, defect or inconsistency, so long as such amendment, modification or supplement does not adversely affect the rights of any Lender or the Issuing Bank, (ii) each of the Fee Letter and any Auto Borrow Agreement may be amended, or rights or privileges thereunder waived, in a writing executed only by the parties thereto, (iii) no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder, except that the Commitments, Loans and/or Letter of Credit Obligations of such Lender may not be increased or extended without the consent of such Lender, (iv) each Lender is entitled to vote as such Lender sees fit on any bankruptcy reorganization plan that affects the Loans, and each Lender acknowledges that the provisions of Section 1126(c) of the Bankruptcy Code of the United States supersedes the unanimous consent provisions set forth herein and (v) the Required Lenders shall determine whether or not to allow any Credit Party to use cash collateral in the context of a bankruptcy or insolvency proceeding and such determination shall be binding on all of the Lenders.

  • 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 Approvals Upon execution of this Agreement, it will have taken all necessary actions pursuant to its articles of incorporation, by-laws and other governing documents to fully authorize (i) the execution and delivery of this Agreement and any transaction documents related to this Agreement; and (ii) the consummation of the transaction contemplated by this Agreement.

  • 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.

  • Agreement of Required Lenders Upon any occasion requiring or permitting an approval, consent, waiver, election or other action on the part of the Required Lenders, action shall be taken by the Administrative Agent for and on behalf of, or for the benefit of, all Lenders upon the direction of the Required Lenders and any such action shall be binding on all Lenders. No amendment, modification, consent or waiver shall be effective except in accordance with the provisions of Section 13.11 hereof.

  • Majority Lenders Notwithstanding the foregoing, this Section 8.1 shall not affect the provisions of Section 4.4, “Waivers of Covenants”, or Article 6, “Events of Default”.

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