Common use of Voting Rights of Defaulting Lenders Clause in Contracts

Voting Rights of Defaulting Lenders. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except that (i) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (ii) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that (A) by its terms affects any Defaulting Lender more adversely than other affected Lenders, (B) increases or extends the Commitment of any such Defaulting Lender, (C) reduces the principal of or (except as provided in Section 11.01(a)(i)(C) above) the rate of interest for Loans of such Defaulting Lender, or fees or other amounts payable hereunder or under any other Loan Document to such Defaulting Lender or (D) amends or modifies any provision of this Section 11.01(c), shall require the consent of such Defaulting Lender.

Voting Rights of Defaulting Lenders. Notwithstanding anything to the contrary herein, no the unfunded Commitments of, and the outstanding Loans, L/C Obligations and participations therein held, or deemed held by, any Defaulting Lender shall have be disregarded for purposes of any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent determination of whether all Lenders or each affected the Required Lenders have taken or may take any action hereunder, except if such Defaulting Lender may be effected with the consent is a Defaulting Lender solely pursuant to clause (d) of the applicable Lenders other than Defaulting Lendersdefinition thereof) (including any consent to any amendment or waiver pursuant to this Section 11.02), except ; provided that (i) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (ii) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that (Ai) which by its terms affects any such Defaulting Lender more adversely differently than other affected Lenders, (Bii) increases or extends the Commitment of any such Defaulting Lender, (Ciii) reduces the principal of or (except as provided in Section 11.01(a)(i)(C) above) the rate of interest for Loans of such Defaulting Lender, or fees or other amounts payable hereunder or under any other Loan Document to such Defaulting Lender or (Div) amends or modifies any provision of this Section 11.01(c), shall require the consent of such Defaulting Lender.

Voting Rights of Defaulting Lenders. Notwithstanding anything to the contrary contained herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except that (i) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (ii) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that (A) by its terms affects any Defaulting Lender more adversely than other affected Lenders, (B) increases or extends the Commitment of any such Defaulting Lender, (C) reduces the principal of or (except as provided in Section 11.01(a)(i)(C) above) the rate of interest for Loans of such Defaulting Lender, or fees or other amounts payable hereunder or under any other Loan Document to such Defaulting Lender or (D) amends or modifies any provision of this Section 11.01(c), shall require the consent of such Defaulting Lender.

Voting Rights of Defaulting Lenders. Notwithstanding anything to the contrary herein, no Defaulting Lender shall have any right to approve or disapprove any amendment, waiver or consent hereunder (and any amendment, waiver or consent which by its terms requires the consent of all Lenders or each affected Lender may be effected with the consent of the applicable Lenders other than Defaulting Lenders), except that (i) the Commitment of any Defaulting Lender may not be increased or extended without the consent of such Lender and (ii) any waiver, amendment or modification requiring the consent of all Lenders or each affected Lender that (A) by its terms affects any Defaulting Lender more adversely than other affected Lenders, (B) increases or extends the Commitment of any such Defaulting Lender, (C) reduces the principal of or (except as provided in Section 11.01(a)(i)(C) above) the rate of interest for Loans L 109 oans of such Defaulting Lender, or fees or other amounts payable hereunder or under any other Loan Document to such Defaulting Lender or (D) amends or modifies any provision of this Section 11.01(c), shall require the consent of such Defaulting Lender.