Amendments Consents Conflicts and Waivers. (A) Any provision of the Loan Documents may be amended or waived if, but only if, such amendment or waiver is in writing and is signed by Borrower and Administrative Agent; provided that no such amendment or waiver shall be effective, without the consent of the Required Lenders as provided in the Intercreditor Agreement furnished to Borrower. (B) Any conflict or ambiguity between the terms and provisions of this Agreement and terms and provisions in any other Loan Document is controlled by the terms and provisions of this Agreement to the extent (and only to the extent) of such conflict. (C) No course of dealing or any failure or delay by any Agent, any Lender, or any of their respective Representatives with respect to exercising any Right of any Agent or any Lender under this Agreement operates as a waiver thereof. A waiver must be in writing and signed by Administrative Agent and Lenders to be effective, and a waiver will be effective only in the specific instance and for the specific purpose for which it is given.
Appears in 1 contract
Sources: Credit Agreement (Prologis Trust)
Amendments Consents Conflicts and Waivers. (Aa) Any provision of the Loan Documents may be amended or waived if, but only if, such amendment or waiver is in writing and is signed by Borrower and Administrative Agent; provided that no such amendment or waiver shall be effective, without the consent of the Required Lenders as provided in the Intercreditor Agreement furnished to Borrower.
(Bb) Any conflict or ambiguity between the terms and provisions of this Agreement and terms and provisions in any other Loan Document is controlled by the terms and provisions of this Agreement to the extent (and only to the extent) of such conflict.
(Cc) No course of dealing or any failure or delay by any Agent, any Lender, or any of their respective Representatives with respect to exercising any Right of any Agent or any Lender under this Agreement operates as a waiver thereof. A waiver must be in writing and signed by Administrative Agent and Lenders to be effective, and a waiver will be effective only in the specific instance and for the specific purpose for which it is given.
Appears in 1 contract
Sources: Credit Agreement (Security Capital Industrial Trust)