The Facility Agent shall promptly inform each Lender of the contents of any notice or document received by it from the Shipowner hereunder;
The Facility Agent shall unless a contrary indication appears in a Finance Document, exercise or refrain from exercising any right, power, authority or discretion vested in it in accordance with any instructions given to it by:
The Facility Agent shall. (a) unless a contrary indication appears in a Finance Document, exercise or refrain from exercising any right, power, authority or discretion vested in it as Facility Agent in accordance with any instructions given to it by:
(i) all Lenders if the relevant Finance Document stipulates the matter is an all Lender decision; and
(ii) in all other cases, the Majority Lenders; and
(b) not be liable for any act (or omission) if it acts (or refrains from acting) in accordance with Clause 26.2.1(a).
The Facility Agent shall. (i) promptly inform each Lender of the contents of any notice or document received by it from the Shipowner hereunder;
(ii) promptly notify each Lender of the occurrence of any Event of Default or any default by the Shipowner in the due performance of or compliance with its obligations under this Agreement of which the Facility Agent has notice from any other party hereto;
(iii) save as otherwise provided herein, act as facility agent hereunder in accordance with any instructions given to it by any Lender, which instructions shall be binding on all of the Lenders; and
(iv) if so instructed by any Lender, refrain from exercising any right, power or discretion vested in it as facility agent hereunder.
