Common use of Without Consent of the Lenders Clause in Contracts

Without Consent of the Lenders. The Borrower and the Administrative Agent may amend this Agreement without notice to or consent of any Lender: (i) to cure any ambiguity, omission, defect or inconsistency; (ii) to comply with Sections 10.10 and 10.11; (iii) to add Guarantees with respect to the Loans or to secure the Loans; (iv) to add to the covenants of the Borrower for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower; (v) to effect any provision of this Agreement (including to release any Guarantees in accordance with the terms of this Agreement); (vi) to make any change that does not adversely affect the rights of any Lender; (vii) to provide for the issuance of the Exchange Notes; or (viii) to release the Guarantee of any Parent of the Borrower. After an amendment under this Section 14.1(a) becomes effective, the Borrower shall mail to Lenders a notice briefly describing such amendment. The failure to give such notice to all Lenders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 14.1(a).

Appears in 2 contracts

Samples: Senior Unsecured Pik Election Bridge Loan Credit Agreement (Intelsat LTD), Senior Unsecured Bridge Loan Credit Agreement (Intelsat LTD)

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Without Consent of the Lenders. The Borrower and the Administrative Agent may amend this Agreement without notice to or consent of any Lender: (i) to cure any ambiguity, omission, defect or inconsistency; (ii) to comply with Sections Section 10.10 and 10.11; (iii) to add Guarantees with respect to the Loans or to secure the Loans; (iv) to add to the covenants of the Borrower for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower; (v) to effect any provision of this Agreement (including to release any Guarantees in accordance with the terms of this AgreementAgreement or the Guarantee); (vi) to make any change that does not adversely affect the rights of any Lender; (vii) to provide for the issuance of the Exchange Notes; or (viiivii) to release the Guarantee of any Parent of the Borrower. After an amendment under this Section 14.1(a) becomes effective, the Borrower shall mail to Lenders a notice briefly describing such amendment. The failure to give such notice to all Lenders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 14.1(a).

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Intelsat LTD)

Without Consent of the Lenders. The Borrower and the Administrative Agent may amend this Agreement without notice to or consent of any Lender: (i) to cure any ambiguity, omission, defect or inconsistency; (ii) to comply with Sections 10.10 and 10.11; (iii) to add Guarantees with respect to the Loans or to secure the Loans; (iv) to add to the covenants of the Borrower for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower; (v) to effect any provision of this Agreement (including to release any Guarantees in accordance with the terms of this AgreementAgreement or the Guarantee); (vi) to make any change that does not adversely affect the rights of any Lender; (vii) to provide for the issuance of the Exchange Notes; or (viiivii) to release the Guarantee of any Parent of the Borrower. After an amendment under this Section 14.1(a) becomes effective, the Borrower shall mail to Lenders a notice briefly describing such amendment. The failure to give such notice to all Lenders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 14.1(a).

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Intelsat LTD)

Without Consent of the Lenders. The Borrower and the Administrative Agent may amend this Agreement without notice to or consent of any Lender: (i) to cure any ambiguity, omission, defect or inconsistency; (ii) to comply with Sections 10.10 and 10.11Section 10.10; (iii) to add Guarantees with respect to the Loans or to secure the Loans; (iv) to add to the covenants of the Borrower for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower; (v) to effect any provision of this Agreement (including to release any Guarantees in accordance with the terms of this Agreement); (vi) to make any change that does not adversely affect the rights of any Lender; (vii) to provide for the issuance of the Exchange Notes; or (viii) to release the Guarantee of any Parent of the Borrower. After an amendment under this Section 14.1(a) becomes effective, the Borrower shall mail to Lenders a notice briefly describing such amendment. The failure to give such notice to all Lenders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 14.1(a).

Appears in 1 contract

Samples: Senior Bridge Loan Credit Agreement (Intelsat LTD)

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Without Consent of the Lenders. The Borrower Borrower, Holdings and the Administrative Agent may amend this Agreement without notice to or consent of any Lender: (i) to cure any ambiguity, omission, defect or inconsistency; (ii) to comply with Sections 10.10 and 10.11; (iii) to add Guarantees with respect to the Loans or to secure the Loans; (iv) to add to the covenants of the Borrower for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower; (v) to effect any provision of this Agreement (including to release any Guarantees in accordance with the terms of this AgreementAgreement or the Guarantee); (vi) to make any change that does not adversely affect the rights of any Lender; (vii) to provide for the issuance of the Exchange Notes; or (viiivii) to release the Guarantee of Holdings or any other Parent of the Borrower. After an amendment under this Section 14.1(a) becomes effective, the Borrower or Holdings shall mail to Lenders a notice briefly describing such amendment. The failure to give such notice to all Lenders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 14.1(a).

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Intelsat LTD)

Without Consent of the Lenders. The Borrower and the Administrative Agent may amend this Agreement without notice to or consent of any Lender: (i) to cure any ambiguity, omission, defect or inconsistency; (ii) to comply with Sections 10.10 and 10.11Section 10.10; (iii) to add Guarantees with respect to the Loans or to secure the Loans; (iv) to add to the covenants of the Borrower for the benefit of the Lenders or to surrender any right or power herein conferred upon the Borrower; (v) to effect any provision of this Agreement (including to release any Guarantees in accordance with the terms of this AgreementAgreement or the Guarantee); (vi) to make any change that does not adversely affect the rights of any Lender; (vii) to provide for the issuance of the Exchange Notes; or (viiivii) to release the Guarantee of any Parent of the Borrower. After an amendment under this Section 14.1(a) becomes effective, the Borrower shall mail to Lenders a notice briefly describing such amendment. The failure to give such notice to all Lenders, or any defect therein, shall not impair or affect the validity of an amendment under this Section 14.1(a).

Appears in 1 contract

Samples: Senior Unsecured Credit Agreement (Intelsat LTD)

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