Required Lender Direction Clause Samples

Required Lender Direction. Each Lender party hereto directs the Administrative Agent to execute and deliver this Amendment.

Required Lender Direction. Each Required ▇▇▇▇▇▇, by their execution hereof, hereby authorizes and directs the Administrative Agent to execute and deliver this Third Amendment on the date hereof.

Required Lender Direction. The Lenders party hereto, who constitute all Lenders, hereby direct the Administrative Agent to execute and deliver this First Amendment.

Required Lender Direction. Pursuant to the provisions of the Credit Agreement, the Required Lenders hereby authorize and direct the Administrative Agent to execute and deliver an amendment or amendment and restatement of the ABL Intercreditor Agreement substantially in the form attached hereto as Annex D in order to reflect the issuance of the Secured Notes and the joinder of the secured parties under the Secured Notes to the ABL Intercreditor Agreement.

Required Lender Direction. The Agents shall not have any duty to take any discretionary action or exercise any discretionary powers, except discretionary rights and powers expressly contemplated hereby or by the other Loan Documents that the Agents are required to exercise as directed in writing by the Required Lenders (or such other number or percentage of the Lenders as shall be expressly provided for herein or in the other Loan Documents); provided that the Agents shall not be required to take any action that may expose the Agents to liability or that is contrary to any Loan Document or applicable law, including any action that may be in violation of the automatic stay under any bankruptcy or insolvency law. Notwithstanding anything else to the contrary herein, whenever reference is made in any Loan Document to any approval, election, action, consent, designation, opinion, acceptance, use of judgment, expression of satisfaction or other exercise of discretion to be made (or not to be made) by any Agent, it is understood that in all cases that each Agent shall be fully justified in failing or refusing to take any such action if it shall not have received such written instruction, advice or concurrence of the Required Lenders (or such other percentage of Lenders as may be expressly required for such matter). Each Agent shall be entitled to request written instructions, or clarification of any instruction, from the Required Lenders (or, if the relevant Loan Document stipulates the matter is a decision for any other Lender or group of Lenders, from that Lender or group of Lenders) as to whether, and in what manner, it should exercise or refrain from exercising any right, power, authority or discretion and each Agent may refrain from acting unless and until it receives those written instructions or that clarification. In the absence of written instructions, each Agent may, but shall not be obligated to, act (or refrain from acting) as it considers to be in the best interests of the Lenders. Whenever in the administration of the Loan Documents an Agent shall deem it desirable that a matter be proved or established prior to taking, suffering or omitting any action hereunder, such Agent (unless other evidence be herein specifically prescribed) may, in the absence of bad faith on its part, may conclusively rely upon instructions from the Required Lenders. The Agent may request that the Required Lenders or other parties deliver a certificate setting forth the names of individuals and/or ti...