Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Notes.
Appears in 4 contracts
Sources: Loan and Security Agreement (Gulfside Supply, Inc.), Loan and Security Agreement (Gentiva Health Services Inc), Loan and Security Agreement (Eagle Supply Group Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (orone or more Lenders, if applicable, Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the requisite Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes and Term Notes.
Appears in 3 contracts
Sources: Loan and Security Agreement (Fidelity Leasing Inc), Senior Loan and Security Agreement (Interpool Inc), Loan and Security Agreement (Resource America Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunderthere under, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, Majority all Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority all Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the NotesLenders.
Appears in 2 contracts
Sources: Loan and Security Agreement (Alesco Financial Inc), Loan and Security Agreement (Alesco Financial Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, including the Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority such Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Loan Notes.
Appears in 2 contracts
Sources: Credit Agreement (Safeguard Scientifics Inc Et Al), Credit Agreement (Safeguard Scientifics Inc Et Al)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of the Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all of the Lenders and on all holders of the Notes.
Appears in 2 contracts
Sources: Loan and Security Agreement (RCM Technologies Inc), Loan and Security Agreement (RCM Technologies Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunderthere under, concerning which Agent is authorized to act or withhold action by direction of all Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by all Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the NotesLenders.
Appears in 2 contracts
Sources: Loan and Security Agreement (Resource America, Inc.), Loan and Security Agreement (Resource America Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes and Term Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, Majority all Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority all Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the NotesLenders.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (orone or more Lenders, if applicable, Majority Lenders), the Agent and Co-Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the requisite Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes and Term Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (orone or more Lenders, if applicable, Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the requisite Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes.
Appears in 1 contract
Sources: Loan and Security Agreement (Granite Financial Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Administrative Agent is authorized to act or withhold action by direction of Lenders (oror as the case may be under this Agreement, if applicable, SuperMajority or Majority Lenders), Administrative Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the requisite Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision --------------------------------- of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Notes.to
Appears in 1 contract
Sources: Loan and Security Agreement (Telespectrum Worldwide Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes.
Appears in 1 contract
Sources: Loan and Security Agreement (Ecc International Corp)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (orone or more Lenders, if applicable, Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the requisite Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Notes.
Appears in 1 contract
Sources: Loan and Security Agreement (Capital Associates Inc)
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority the requisite Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of ---------------------------------- this Agreement, or any issue arising thereunder, concerning which Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, including the Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority such Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Loan Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which Administrative Agent is authorized to act or withhold action by direction of Lenders (or, if applicable, Majority Required Lenders), Administrative Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Required Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Revolving Credit Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunder, concerning which the Agent is authorized to act or withhold action by direction of Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), the Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the Notes.
Appears in 1 contract
Action on Instructions of Lenders. With respect to any provision of this Agreement, or any issue arising thereunderthere under, concerning which Agent is authorized to act or withhold action by direction of Lenders (oror as the case may be under this Agreement, if applicable, the Majority Lenders), Agent shall in all cases be fully protected in so acting, or in so refraining from acting, hereunder in accordance with written instructions signed by Lenders (or, if applicable, Majority Lenders). Such instructions and any action taken or failure to act pursuant thereto shall be binding on all Lenders and on all holders of the NotesLenders.
Appears in 1 contract