Actions with Respect to Collateral. Each Secured Party hereby agrees that it will not (and hereby waives any right to) take any action under any Loan Document with respect to any Collateral, including, without limitation, foreclosing as provided under the terms of any applicable Loan and Security Agreement after a Default or releasing any Lien on any Collateral, without the prior written consent of the other Secured Parties, which consent shall not be unreasonably withheld.
Appears in 2 contracts
Sources: Contribution, Assignment and Assumption Agreement (American Renal Associates Holdings, Inc.), Contribution, Assignment and Assumption Agreement (American Renal Associates Holdings, Inc.)