Common use of Suspension of Voting Clause in Contracts

Suspension of Voting. The Revolving Commitment, Revolving Exposure of, and the outstanding Term Loans held by, such Defaulting Lender shall not be included in determining whether Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 10.02); provided that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lender;

Appears in 6 contracts

Samples: Credit Agreement (Darling Ingredients Inc.), Credit Agreement (Darling Ingredients Inc.), Credit Agreement (Darling Ingredients Inc.)

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Suspension of Voting. The Revolving Commitment, Revolving Exposure of, and the outstanding Term Competitive Loans held by, such Defaulting Lender shall not be included in determining whether all Lenders have taken or may take any action hereunder (including any consent to any amendment amendment. waiver or waiver other modification pursuant to Section 10.028.02 that requires the consent of all Lenders); , provided that any this clause (b) shall not apply to the vote of a Defaulting Lender in the case of an amendment, waiver, amendment or other modification requiring the consent of all Lenders such Lender or each Lender affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lenderthereby;

Appears in 3 contracts

Samples: Credit Agreement (Leggett & Platt Inc), Credit Agreement (Leggett & Platt Inc), Credit Agreement (Leggett & Platt Inc)

Suspension of Voting. The Revolving Commitment, Commitment and Revolving Exposure of, and the outstanding Term Loans held by, of such Defaulting Lender Lender, if any, shall not be included in determining whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment amendment, waiver or waiver other modification pursuant to Section 10.02); provided that any waiverthis clause (b) shall not apply to the vote of a Defaulting Lender in the case of an amendment, amendment waiver or other modification requiring the consent of all Lenders such Lender or each Lender affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lenderthereby;

Appears in 3 contracts

Samples: Credit Facility Agreement (Lennox International Inc), Credit Facility Agreement (Lennox International Inc), Credit Facility Agreement (Lennox International Inc)

Suspension of Voting. The Commitment and Revolving Commitment, Revolving Credit Exposure of, and the outstanding Term Loans held by, of such Defaulting Lender shall not be included in determining whether all Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 10.029.02); , provided that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lender;

Appears in 1 contract

Samples: Credit Agreement (Eagle Materials Inc)

Suspension of Voting. The the Revolving Commitment, Commitment and Revolving Credit Exposure of, and the outstanding Term Loans held by, of such Defaulting Lender shall not be included in determining whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment amendment, waiver or waiver other modification pursuant to Section 10.02); provided that any waiverexcept as otherwise provided in Section 10.02, amendment this clause (b) shall not apply to the vote of a Defaulting Lender in the case of an amendment, waiver or other modification requiring the consent of all Lenders such Lender or each Lender directly affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lenderthereby;

Appears in 1 contract

Samples: Credit Agreement (Acxiom Corp)

Suspension of Voting. The Revolving Commitment, Revolving Exposure of, and the outstanding Term Loans held by, such Defaulting Lender shall not be included in determining whether Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 10.02); provided that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require or which would extend the consent final maturity of amounts owed to such Defaulting Lender;Lender or reduce the amount

Appears in 1 contract

Samples: Credit Agreement (Krispy Kreme, Inc.)

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Suspension of Voting. The Revolving Commitment, Revolving Exposure of, and the outstanding Term Loans held by, such Defaulting Lender shall not be included in determining whether all Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 10.02); , provided that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lender;

Appears in 1 contract

Samples: Credit Agreement (Darling International Inc)

Suspension of Voting. The Revolving Commitment, Revolving Exposure of, and the outstanding Term Loans held by, such Defaulting Lender shall not be included in determining whether all Lenders have taken or may take any action hereunder (including any consent to any amendment or waiver pursuant to Section 10.02); provided that any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lender;

Appears in 1 contract

Samples: Credit Agreement (Darling International Inc)

Suspension of Voting. The Revolving Commitment, Commitment and Revolving Exposure of, and the outstanding Term Loans held by, of such Defaulting Lender Lender, if any, shall not be included in determining whether the Required Lenders have taken or may take any action hereunder (including any consent to any amendment amendment, waiver or waiver other modification pursuant to Section 10.02); provided that any waiverthis clause (c) shall not apply to the vote of a Defaulting Lender in the case of an amendment, amendment waiver or other modification requiring the consent of all Lenders such Lender or each Lender affected Lender which affects such Defaulting Lender differently than other affected Lenders shall require the consent of such Defaulting Lenderthereby;

Appears in 1 contract

Samples: Credit Facility Agreement (Lennox International Inc)

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