Common use of Action by Agents Clause in Contracts

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.

Appears in 8 contracts

Sources: Short Term Credit Agreement (Park Place Entertainment Corp), Multi Year Credit Agreement (Park Place Entertainment Corp), Short Term Credit Agreement (Park Place Entertainment Corp)

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative neither Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Corporate Realty Consultants Inc)

Action by Agents. The obligations of the Transaction Agents hereunder and under the other Financing Documents are only those expressly set forth hereinherein and therein. Without limiting the generality of the foregoing, the Administrative Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Alliant Techsystems Inc)

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative no Agent shall not be required to take any action with respect to any Default, except in the case of the Administrative Agent as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Westvaco Corp)

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative neither Agent shall not be required to take any action with respect to any Default, except in the case of the Syndication Agent as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Hilton Hotels Corp)

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.. Section

Appears in 1 contract

Sources: Credit Agreement (Ventas Inc)

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative neither Agent shall not be required to take any action with respect to any Default, except in the case of the Documentation Agent as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Hilton Hotels Corp)

Action by Agents. The obligations of the Agents each Agent hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative no Agent shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Px Acquisition Corp)

Action by Agents. The obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Nick Acquisition Corp)

Action by Agents. The respective obligations of the Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent Agents shall not be required to take any action with respect to any DefaultTermination Event, except as expressly provided in Article VI.

Appears in 1 contract

Sources: Receivables Purchase Agreement (National Steel Corp)

Action by Agents. The obligations of each of the ---------------- Agents hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative neither Agent shall not be required to take any action with respect to any Default, except in the case of the Administrative Agent as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Dean Witter Discover & Co)

Action by Agents. The obligations of the Agents ---------------- hereunder are only those expressly set forth herein. Without limiting the generality of the foregoing, the Administrative Agent Agents shall not be required to take any action with respect to any Default, except as expressly provided in Article VI.

Appears in 1 contract

Sources: Credit Agreement (Ventas Inc)