Common use of Rights of Required Lenders Clause in Contracts

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders.

Appears in 115 contracts

Samples: Pledge Agreement (Ryman Hospitality Properties, Inc.), Security and Pledge Agreement (I3 Verticals, Inc.), Pledge Agreement

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Rights of Required Lenders. All rights of the Administrative Agent hereunderunder this Agreement, if not exercised by the Administrative Agent, may be exercised by the Required Lenders.

Appears in 5 contracts

Samples: Fourth Amended and Restated Security Agreement (Greenbrier Companies Inc), Third Amended and Restated Security Agreement (Greenbrier Companies Inc), Security Agreement (Flow International Corp)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required LendersLenders (on behalf of the Secured Parties).

Appears in 4 contracts

Samples: Pledge Agreement (Trustreet Properties Inc), Pledge Agreement (Government Properties Income Trust), Pledge Agreement (Government Properties Income Trust)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders. If such rights are so exercised by the Required Lenders, then the Required Lenders shall have all of the rights, privileges and indemnities afforded the Administrative Agent in the exercise of such rights.

Appears in 4 contracts

Samples: Domestic Security Agreement (GFI Group Inc.), Domestic Pledge Agreement (GFI Group Inc.), Domestic Security Agreement (GFI Group Inc.)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders.Lenders if:

Appears in 3 contracts

Samples: Security and Pledge Agreement (Syntel Inc), Security and Pledge Agreement (Silicon Laboratories Inc), Letter of Credit Facility Agreement (GT Solar International, Inc.)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders, but for the avoidance of doubt, and notwithstanding any other provision hereof to the contrary, no Lender or other holder of Secured Obligations (other than the Administrative Agent) may exercise any rights hereunder unless directed to do so by the Required Lenders.

Appears in 2 contracts

Samples: Credit Agreement (Prometheus Laboratories Inc), Credit Agreement (Prometheus Laboratories Inc)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders. 22.

Appears in 2 contracts

Samples: Credit Agreement (Griffin-American Healthcare REIT III, Inc.), Credit Agreement (Sabra Health Care REIT, Inc.)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders.

Appears in 1 contract

Samples: Pledge Agreement (Intercloud Systems, Inc.)

Rights of Required Lenders. All rights of the Administrative Agent ----------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required LendersLenders under the Revolving Credit Agreement and the Term Loan Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Policy Management Systems Corp)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders, and in such event the Required Lenders shall be afforded the rights of, and subject to the obligations imposed on, the Administrative Agent hereunder.

Appears in 1 contract

Samples: Revolving Credit Agreement (Delek US Holdings, Inc.)

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Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders. 21.

Appears in 1 contract

Samples: Credit Agreement (COMMERCIAL METALS Co)

Rights of Required Lenders. All rights of the Administrative Agent -------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required LendersLenders under the Revolving Credit Agreement and the Term Loan Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Mynd Corp)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, unless waived in writing may be exercised by the Required Lenders.

Appears in 1 contract

Samples: Credit Agreement (Kapstone Paper & Packaging Corp)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders, and if, at any time there shall not be an Administrative Agent, all rights of the Administrative Agent hereunder shall be exercised by the Required Lenders.

Appears in 1 contract

Samples: Security and Pledge Agreement (PRGX Global, Inc.)

Rights of Required Lenders. All rights of the Administrative Agent hereunder, if not exercised by the Administrative Agent, may be exercised by the Required LendersLenders upon written notice to the Grantors that the Required Lenders have so chosen to exercise such rights.

Appears in 1 contract

Samples: Security and Pledge Agreement (Abovenet Inc)

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