Common use of Requisite Lenders and Borrower Clause in Contracts

Requisite Lenders and Borrower. Notwithstanding anything contained in this Agreement to the contrary, no waiver or consent with respect to any Default or any Event of Default shall be effective for purposes of the conditions precedent to the making of Loans or the incurrence of Letter of Credit Obligations set forth in Section 2.2 unless the same shall be in writing and signed by Agent, Requisite Lenders and Borrower.

Appears in 3 contracts

Samples: Credit Agreement (Insteel Industries Inc), Credit Agreement (Navarre Corp /Mn/), Credit Agreement (Uti Worldwide Inc)

AutoNDA by SimpleDocs

Requisite Lenders and Borrower. Notwithstanding anything contained in this Agreement to the contrary, no waiver or consent with respect to any Default or any Event of Default shall be effective for purposes of the conditions precedent to the making of Loans or the incurrence of Letter of Credit Obligations set forth in Section 2.2 unless the same shall be in writing and signed by the Administrative Agent, Requisite the Borrower and the Lenders and Borrowerwhich would otherwise be required to agree to such waiver or consent in accordance with the applicable provisions of this Section 11.2.

Appears in 1 contract

Samples: Credit Agreement (Wheeling Pittsburgh Corp /De/)

AutoNDA by SimpleDocs

Requisite Lenders and Borrower. Notwithstanding anything contained in this Agreement to the contrary, no waiver or consent with respect to any Default or any Event of Default shall be effective for purposes of the conditions precedent to the making of Loans or the incurrence of Letter of Credit Obligations set forth in Section 2.2 7.2 unless the same shall be in writing and signed by Agent, Requisite Lenders and Borrower.

Appears in 1 contract

Samples: Credit Agreement (Telex Communications International LTD)

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