Common use of Rights of Required Lenders Clause in Contracts

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

Appears in 42 contracts

Samples: Pledge and Security Agreement (Viemed Healthcare, Inc.), Pledge and Security Agreement (FutureFuel Corp.), Intercreditor Agreement (Ardent Health Partners, LLC)

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

Appears in 31 contracts

Samples: Credit Agreement (Greenway Medical Technologies Inc), Security Agreement (Greenway Medical Technologies Inc), Security Agreement (Nationsrent Companies Inc)

Rights of Required Lenders. All rights of the Collateral Agent hereunder, if not exercised by the Collateral Agent, may be exercised by the Required LendersLenders and their representatives as set forth in the Credit Agreement.

Appears in 2 contracts

Samples: Security Agreement (Friedmans Inc), Security Agreement (Friedmans Inc)

Rights of Required Lenders. All rights of the Collateral Agent hereunder, if not exercised by the Collateral Agent, may be exercised by the Required LendersLenders to the extent permitted by applicable Law.

Appears in 2 contracts

Samples: Security Agreement (Huron Consulting Group Inc.), Pledge Agreement (Huron Consulting Group Inc.)

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

Appears in 1 contract

Samples: Security Agreement (Ivex Packaging Corp /De/)

Rights of Required Lenders. All rights of the Collateral Agent hereunder, if not exercised by the Collateral Agent, may must be exercised by the Collateral Agent upon the request of the Required Lenders.

Appears in 1 contract

Samples: Pledge Agreement (Ivex Packaging Corp /De/)

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