Common use of Action Without Vote Clause in Contracts

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent may, without obtaining the consent of the Syndication Parties or Voting Participants, determine (a) whether the conditions to an Advance have been met, and (b) the amount of such Advance;

Appears in 4 contracts

Sources: Credit Agreement (Pilgrims Pride Corp), Credit Agreement (Pilgrims Pride Corp), Credit Agreement (Pilgrims Pride Corp)

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent may, without obtaining the consent of the Syndication Parties or Voting ParticipantsParties, determine (ai) whether the conditions to an Advance have been met, and (bii) the amount of such Advance;.

Appears in 2 contracts

Sources: Pre Export Credit Agreement, Pre Export Credit Agreement (CHS Inc)

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent may, may take the following actions without obtaining the consent of the Syndication Parties or the Voting Participants, determine : (a) Determining (i) whether the conditions to an a 3-Year Advance have been met, and (bii) the amount of such 3-Year Advance; (b) Determining whether the Bid Advance conditions and procedures as set forth in Article 3 hereof have been properly satisfied.

Appears in 1 contract

Sources: Credit Agreement (CHS Inc)

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent mayor, with respect to Subsection 14.9.3(b) hereof, the Administrative Agent, may take the following actions without obtaining the consent of the Syndication Parties or the Voting Participants, determine : (a) Determining (i) whether the conditions to an Advance have been met, and (bii) the amount of such Advance; (b) Determining whether the Bid Advance conditions and procedures as set forth in Article 3 hereof have been properly satisfied.

Appears in 1 contract

Sources: Credit Agreement (CHS Inc)

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent may, may take the following actions without obtaining the consent of the Syndication Parties or the Voting Participants, determine : (a) Determining (i) whether the conditions to an 364-Day Advance have been met, and (bii) the amount of such 364-Day Advance;; or (b) Determining whether the Bid Advance conditions and procedures as set forth in Article 3 hereof have been properly satisfied.

Appears in 1 contract

Sources: 364 Day Credit Agreement (CHS Inc)

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent may, without obtaining the consent of the Syndication Parties or Voting ParticipantsParties, determine (a) whether the conditions to an Advance have been met, and (b) the amount of such Advance;.

Appears in 1 contract

Sources: Senior Unsecured Term Loan Agreement (Pilgrims Pride Corp)

Action Without Vote. Notwithstanding any other provisions of this Section, the Administrative Agent may, may take the following actions without obtaining the consent of the Syndication Parties or the Voting Participants, determine : (a) Determining whether the conditions to an a Term Loan Advance have been met, and (b) the amount of such Advance;.

Appears in 1 contract

Sources: Credit Agreement (CHS Inc)