Common use of Agent to Act Clause in Contracts

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 66 contracts

Sources: Credit Agreement (V F Corp), Credit Agreement (V F Corp), Credit Agreement (V F Corp)

Agent to Act. In case any one or more Events of Default shall occur and be continuing and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 5 contracts

Sources: Credit Agreement (Seacastle Inc.), Credit Agreement (Healthsouth Corp), Bridge Credit Agreement (Healthsouth Corp)

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, the Agent mayshall, and at the direction of the Required Lenders shallLenders, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 5 contracts

Sources: Credit Agreement (Saks Inc), Credit Agreement (Proffitts Inc), Credit Facilities and Reimbursement Agreement (Proffitts Inc)

Agent to Act. In case any one or more Events of Default shall occur and not have been waivedwaived or cured, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 5 contracts

Sources: Credit Agreement (Miller Industries Inc /Tn/), Credit Agreement (Wackenhut Corrections Corp), Credit Agreement (Miller Industries Inc /Tn/)

Agent to Act. In case any one anyone or more Events of Default shall occur and not have been waivedwaived in accordance with Section 12.6, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 4 contracts

Sources: Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD), Credit Agreement (Aircastle LTD)

Agent to Act. In case any one or more Events of Default shall occur and not have been waivedbe continuing, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 4 contracts

Sources: Credit Agreement (Technitrol Inc), Credit Agreement (Healthsouth Corp), Revolving Credit and Reimbursement Agreement (Wackenhut Corp)

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, subject to the provisions of Article XII, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or and remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations as may be otherwise available at law or any other legal or equitable right or remedyin equity.

Appears in 3 contracts

Sources: Credit Agreement (Covenant Transport Inc), Credit Agreement (Cone Mills Corp), Credit Agreement (Covenant Transport Inc)

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their its rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 3 contracts

Sources: Revolving Credit and Reimbursement Agreement (Modis Professional Services Inc), 364 Day Credit Agreement (Modis Professional Services Inc), Revolving Credit Agreement (Acsys Inc)

Agent to Act. In case any one or more Events of Default shall ------------ occur and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 3 contracts

Sources: Credit Agreement (Walter Industries Inc /New/), Credit Agreement (Roper Industries Inc /De/), Credit Agreement (Health Management Associates Inc)

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their the Lenders' rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 3 contracts

Sources: Credit Agreement (Coca Cola Bottling Group Southwest Inc), Credit Agreement (Coca Cola Bottling Group Southwest Inc), Credit Agreement (Texas Bottling Group Inc)

Agent to Act. In case any one or more Events of Default shall occur ------------ and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their its rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 2 contracts

Sources: Revolving Credit Agreement (Acsys Inc), Revolving Credit and Reimbursement Agreement (Accustaff Inc)

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, the Agent may, and at the direction of the Required Majority Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 2 contracts

Sources: Credit Agreement (Correctional Properties Trust), Credit Agreement (Correctional Properties Trust)

Agent to Act. In case any one or more Events of Default shall occur and not have been waived, be continuing the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 1 contract

Sources: Revolving Credit and Reimbursement Agreement (Willcox & Gibbs Inc)

Agent to Act. In case any one or more Events of Default shall occur and be continuing and not have been waived, subject to the provisions of Article IX, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or and remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or as may be otherwise available at law or in equity to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 1 contract

Sources: Short Term Credit Agreement (Healthsouth Corp)

Agent to Act. In case any one or more Events of Default shall occur ------------ and not have been waived, the Agent mayshall, and at the direction of the Required Lenders shallLenders, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 1 contract

Sources: Credit Agreement (Proffitts Inc)

Agent to Act. In case any one or more Events of Default shall occur ------------ and not have been waivedwaived or cured, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 1 contract

Sources: Credit Agreement (Breed Technologies Inc)

Agent to Act. In case any one or more Events of Default shall occur ------------ and not have been waived, subject to the provisions of Article XII, the Agent ----------- may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or and remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations as may be otherwise available at law or any other legal or equitable right or remedyin equity.

Appears in 1 contract

Sources: Credit Agreement (Cone Mills Corp)

Agent to Act. In case any one or more Events of Default shall occur shalloccur and not have been waived, the Agent may, and at the direction of the Required Lenders shall, proceed to protect and enforce their rights or remedies either by suit in equity or by action at law, or both, whether for the specific performance of any covenant, agreement or other provision contained herein or in any other Loan Document, or to enforce the payment of the Obligations or any other legal or equitable right or remedy.

Appears in 1 contract

Sources: Credit Agreement (Data General Corp)