Rights of the Administrative Agent. Each right and remedy expressly provided by this Agreement as being available to the Administrative Agent shall be exercised by the Administrative Agent only at the direction of the Majority Banks.
Appears in 5 contracts
Samples: Repurchase Agreement (American Home Mortgage Investment Corp), Loan Agreement (Lennar Corp /New/), Loan Agreement (Horton D R Inc /De/)
Rights of the Administrative Agent. Each right and remedy expressly provided by this Agreement as being available to the Administrative Agent shall be exercised by the Administrative Agent only at the direction of the Majority BanksBanks or all the Banks where unanimity is required.
Appears in 3 contracts
Samples: Loan Agreement, Securitization Agreement, Loan Agreement (Lennar Corp /New/)
Rights of the Administrative Agent. Each right and remedy expressly provided by this Second Restated Loan Agreement as being available to the Administrative Agent shall be exercised by the Administrative Agent only at the direction of the Majority Banks.
Appears in 1 contract
Samples: Loan Agreement (Pulte Homes Inc/Mi/)
Rights of the Administrative Agent. Each right and remedy expressly provided by this Restated Loan Agreement as being available to the Administrative Agent shall be exercised by the Administrative Agent only at the direction of the Majority Banks.
Appears in 1 contract
Samples: Loan Agreement (Pulte Homes Inc/Mi/)
Rights of the Administrative Agent. Each right and remedy expressly provided by this Agreement or any other Transaction Document as being available to the Administrative Agent shall be exercised by the Administrative Agent only at the direction of the Majority Banks.
Appears in 1 contract
Samples: Loan Agreement (Horton D R Inc /De/)
