Common use of Right to Request Instructions Clause in Contracts

Right to Request Instructions. Any Credit Agent may at any time request instructions from the Lenders with respect to any actions or approvals which by the terms of any of the Loan Documents such Credit Agent is permitted or required to take or to grant, and such Credit Agent shall be absolutely entitled to refrain from taking any action or to withhold any approval and shall not be under any liability whatsoever to any Person for refraining from any action or withholding any approval under any of the Loan Documents until it shall have received such instructions from those Lenders from whom such Credit Agent is required to obtain such instructions for the pertinent matter in accordance with the Loan Documents. Without limiting the generality of the foregoing, no Holder shall have any right of action whatsoever against any Credit Agent as a result of such Credit Agent acting or refraining from acting under the Loan Documents in accordance with the instructions of the Requisite Lenders or, where required by the express terms of this Agreement, a greater proportion of the Lenders.

Right to Request Instructions. Any Credit The Agent may at any time request instructions from the Lenders and Issuing Banks with respect to any actions or approvals which by the terms of any of the Loan Documents such Credit the Agent is permitted or required to take or to grant, and such Credit the Agent shall be absolutely entitled to refrain from taking any action or to withhold any approval and shall not be under any liability whatsoever to any Person for refraining from any action or withholding any approval under any of the Loan Documents until it shall have received such instructions from those Lenders from whom such Credit the Agent is required to obtain such instructions for the pertinent matter in accordance with the Loan Documents. Without limiting the generality of the foregoing, no Holder shall have any right of action whatsoever against any Credit the Agent as a result of such Credit the Agent acting or refraining from acting under the Loan Documents in accordance with the instructions of the Requisite Lenders or, where required by the express terms of this Agreement, a greater proportion of the Lenders.

Right to Request Instructions. Any Credit The Collateral Agent may at any time request instructions from the Lenders with respect to any actions or approvals which by the terms of any of the Loan Documents such Credit the Collateral Agent is permitted per-mitted or required to take or to grant, and such Credit Agent shall be absolutely entitled to refrain from taking any action or to withhold with-hold any approval and shall not be under any liability whatsoever to any Person for refraining from any action or withholding with-holding any approval under any of the Loan Documents until it shall have received such instructions from those Lenders from whom such Credit the Collateral Agent is required to obtain such instructions for the pertinent matter in accordance with the Loan Documents. Without limiting the generality of the foregoing, no Holder shall have any right of action whatsoever against any Credit the Collateral Agent as a result of such Credit Agent its acting or refraining from acting under the Loan Documents in accordance with the instructions of the Requisite Lenders or, where required by the express terms of this AgreementAgree-ment, a greater proportion of the Lenders.

Right to Request Instructions. Any Credit The Collateral Agent may at any time request instructions from the Lenders with respect to any actions or approvals which by the terms of any of the Loan Documents such Credit the Collateral Agent is permitted or required to take or to grant, and such Credit Agent shall be absolutely entitled to refrain from taking any action or to withhold any approval and shall not be under any liability whatsoever to any Person for refraining from any action or withholding any approval under any of the Loan Documents until it shall have received such instructions from those Lenders from whom such Credit the Collateral Agent is required to obtain such instructions for the pertinent matter in accordance with the Loan Documents. Without limiting the generality of the foregoing, no Holder shall have any right of action whatsoever against any Credit the Collateral Agent as a result of such Credit Agent the its acting or refraining from acting under the Loan Documents in accordance with the instructions of the Requisite Lenders or, where required by the express terms of this Agreement, a greater proportion of the Lenders.

Right to Request Instructions. Any Credit The Administrative Agent may at any time request instructions from the Lenders with respect to any actions or approvals which by the terms of any of the Loan Documents such Credit the Administrative Agent is permitted or required to take or to grant, and such Credit Agent shall be absolutely entitled to refrain from taking any action or to withhold any approval and shall not be under any liability whatsoever to any Person for refraining from any action or withholding any approval under any of the Loan Documents until it shall have received such instructions from those Lenders from whom such Credit the Administrative Agent is required to obtain such instructions for the pertinent matter in accordance with the Loan Documents. Without limiting the generality of the foregoing, no Holder shall have any right of action whatsoever against any Credit the Administrative Agent as a result of such Credit Agent the its acting or refraining from acting under the Loan Documents in accordance with the instructions of the Requisite Lenders or, where required by the express terms of this Agreement, a greater proportion of the Lenders.

Right to Request Instructions. Any Credit The Agent may at any time request instructions from the Lenders and Issuing Bank with respect to any actions or approvals which by the terms of any of the Loan Documents such Credit the Agent is permitted or required to take or to grant, and such Credit the Agent shall be absolutely entitled to refrain from taking any action or to withhold any approval and shall not be under any liability whatsoever to any Person for refraining from any action or withholding any approval under any of the Loan Documents until it shall have received such instructions from those Lenders from whom such Credit the Agent is required to obtain such instructions for the pertinent matter in accordance with the Loan Documents. Without limiting the generality of the foregoing, no Holder shall have any right of action whatsoever against any Credit the Agent as a result of such Credit the Agent acting or refraining from acting under the Loan Documents in accordance with the instructions of the Requisite Lenders or, where required by the express terms of this Agreement, a greater proportion of the Lenders.