Common use of Rights and Remedies to Be Exercised by Administrative Agent Only Clause in Contracts

Rights and Remedies to Be Exercised by Administrative Agent Only. Each Lender agrees that, except as set forth in Section 11.4, no Lender shall have any right individually (i) to realize upon the security created by this Agreement or any other Loan Document, (ii) to enforce any provision of this Agreement or any other Loan Document, or (iii) to make demand under this Agreement or any other Loan Document.

Appears in 5 contracts

Samples: Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp), Loan, Security and Guaranty Agreement (Quest Resource Holding Corp)

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Rights and Remedies to Be Exercised by Administrative Agent Only. Each Lender agrees that, except as set forth in Section 11.4subsection 10.4, no Lender shall have any right individually (i) to realize upon the security created by this Agreement or any other Loan Document, (ii) to enforce any provision of this Agreement or any other Loan Document, or (iii) to make demand under this Agreement or any other Loan Document.

Appears in 2 contracts

Samples: Loan and Security Agreement (Nes Rentals Holdings Inc), Loan and Security Agreement (Nes Rentals Holdings Inc)

Rights and Remedies to Be Exercised by Administrative Agent Only. Each Lender agrees that, except as set forth in Section 11.412.05, no Lender shall have any right individually (ia) to realize upon the security created by this Agreement or any other Loan Document, (iib) to enforce any provision of this Agreement or any other Loan Document, or (iiic) to make demand under this Agreement or any other Loan Document.

Appears in 1 contract

Samples: Abl Financing Agreement (Limbach Holdings, Inc.)

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Rights and Remedies to Be Exercised by Administrative Agent Only. Each Lender agrees that, except as set forth in Section 11.414.2, no Lender shall have any right individually (i) to realize upon the security created by this the Security Agreement or any other Loan Credit Document, (ii) to enforce any provision of this Credit Agreement or any other Loan DocumentCredit Document against one or more of the Credit Parties, or (iii) to make demand under this Credit Agreement or any other Loan DocumentCredit Document against one or more of the Credit Parties.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Nacco Industries Inc)

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