Examples of Revolving Loan Document in a sentence
No Person who obtains the benefit of any Lien by virtue of the provisions of this Section shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Revolving Loan Document or otherwise in respect of the Revolving Collateral (including the release or impairment of any Revolving Collateral) other than in its capacity as a Revolving Lender and only to the extent expressly provided in the Revolving Loan Documents.
The Revolving Loan Facility and each additional Revolving Loan Document dated as of the date hereof are being executed and delivered substantially concurrently with the execution and delivery of this Agreement, correct and complete copies of each material Revolving Loan Document have been delivered to Agent.
Each Revolving Loan Document shall be in full force and effect and shall include terms and provisions reasonably satisfactory to Agent, including such amendments and modifications requested by Agent to permit the Term Loan, the Liens securing the Term Loan, this Agreement and the other Loan Documents.
Agent shall have received a fully executed or conformed copy of each Revolving Loan Document.
A default in Nova Chemicals' $375,000,000.00 Revolving Loan Document dated 06/30/2005 including all renewals and/or replacements with Agent TD Securities and/or Nova Chemicals' $100,000,000.00 Revolving Loan Document dated 01/20/2006 including all renewals and/or replacements is a default of this agreement.
Nothing contained herein or in any other Revolving Loan Document, and no action taken by the Lenders pursuant hereto or thereto, shall be deemed to constitute the Lenders as a partnership, an association, a joint venture or any other kind of entity.
The Agents shall in all cases be fully protected in acting, or in refraining from acting, under this Agreement or any other Revolving Loan Document in accordance with a request or consent of the Lenders (or, where an action or waiver need only be approved by the Majority Lenders, by the Majority Lenders) and such request and any action taken or failure to act pursuant thereto shall be binding upon all of the Lenders.
No failure or delay on the part of any Agent or any Lender in the exercise of any power, right or privilege hereunder or under any other 126 Revolving Loan Document shall impair such power, right or privilege or be construed to be a waiver of any default or acquiescence therein, nor shall any single or partial exercise of any such power, right or privilege preclude other or further exercise thereof or of any other power, right or privilege.
Notwithstanding anything herein or in any other Revolving Loan Document to the contrary, from time to time, the Borrower may replace the existing financial institution serving as Custodian with an alternative financial institution reasonably acceptable to the Administrative Agent.
No Borrower will, nor will they permit their respective subsidiaries to, amend or terminate its articles of incorporation, charter, certificate of formation, by-laws, operating or management agreement (with respect to an LLC), any Revolving Loan Document or partnership agreement (with respect to a partnership), the Management Agreement, the Bonus Plan or (if applicable) the IBR Acquisition Documentation in a manner materially adverse to the Secured Parties.