Common use of Certain Rights of the Agent Clause in Contracts

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 12 contracts

Sources: Credit Agreement (Fuqua Enterprises Inc), Credit Agreement (Rock Tenn Co), Revolving Credit and Term Loan Agreement (Planet Hollywood International Inc)

Certain Rights of the Agent. If the Agent shall request instructions from the Lenders or the Required Lenders (as the case may be) with respect to any act or action or actions (including the failure to act) in connection with this AgreementAgreement or the other Loan Documents, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received written instructions from the Lenders or the Required Lenders; , as applicable, and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder under this Agreement and the other Loan Documents in accordance with the instructions of the Required Lenders, or, to the extent required by Section 9.2, all of the Lenders.

Appears in 7 contracts

Sources: Credit Agreement (Mercer International Inc.), Credit Agreement (Mercer International Inc.), Credit Agreement (BlueLinx Holdings Inc.)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent it shall have received instructions from the Required such Lenders; and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required LendersLenders where required by the terms of this Agreement.

Appears in 3 contracts

Sources: Term Loan Agreement (Us Xpress Enterprises Inc), Term Loan Agreement (Glatfelter P H Co), Term Loan Agreement (Glatfelter P H Co)

Certain Rights of the Agent. If the Agent shall request --------------------------- instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 3 contracts

Sources: Credit Agreement (Krystal Company), Revolving Credit and Line of Credit Agreement (Rotech Medical Corp), Credit Agreement (Morrison Restaurants Inc/)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any act or action or actions (including the failure to act) in connection with this AgreementAgreement or any other Loan Document, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur no liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the such Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

Sources: Loan Agreement (Qep Co Inc), Loan Agreement (Qep Co Inc)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Nelson Thomas Inc), Credit Agreement (Nelson Thomas Inc)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders and the Issuer with respect to any act or action or actions (including the failure to act) in connection with this AgreementAgreement or any Loan Document, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender the Lenders and the Issuer shall not have any right of action whatsoever against the Agent as a result of the Agent its acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders▇▇▇▇▇▇▇.

Appears in 2 contracts

Sources: Credit Agreement (Ramaco Resources, Inc.), Credit and Security Agreement (Ramaco Resources, Inc.)

Certain Rights of the Agent. The Agent shall have the right to request instructions from the Required Lenders at any time. If the Agent shall request instructions from the Required Lenders with respect to any act or action or actions (including the failure to act) in connection with this AgreementCredit Agreement or the other Credit Documents, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; , and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Mobile Field Office Co), Credit Agreement (Consumers Us Inc)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, act unless and until the Agent it shall have received instructions from the Required such Lenders; , and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required LendersLenders where required by the terms of this Agreement.

Appears in 2 contracts

Sources: Credit and Security Agreement, Credit and Security Agreement (Kratos Defense & Security Solutions, Inc.)

Certain Rights of the Agent. The Agent shall have the right to --------------------------- request instructions from the Required Lenders at any time. If the Agent shall request instructions from the Required Lenders with respect to any act or action or actions (including the failure to act) in connection with this Credit Agreement, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; , and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 2 contracts

Sources: Credit Agreement (Jorgensen Earle M Co /De/), Credit Agreement (Jorgensen Earle M Co /De/)

Certain Rights of the Agent. If the Agent shall --------------------------- request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Intermet Corp)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any act or action or actions (including the failure to act) in connection with this AgreementAgreement or any Other Documents, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender Lenders shall not have any right of action whatsoever against the Agent as a result of the Agent its acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Credit, Guaranty and Security Agreement (Evergreen International Aviation Inc)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a 86 result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Rock Tenn Co)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in any Person by reason of so refraining. Without limiting the foregoing, no Lender or the Issuing Bank shall have any right of action whatsoever against the Agent as a result of the Agent acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Morrison Health Care Inc)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any action or actions (including the failure to act) in connection with this Agreement, the Agent shall be entitled to refrain from such act or taking such act, unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the Agent Agent's acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Credit Agreement (Dollar General Corp)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any act or action or actions (including the failure to act) in connection with this AgreementAgreement or any other Loan Document, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur no liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender shall have any right of action whatsoever against the Agent as a result of the such Agent acting or refraining from acting hereunder or under any other Loan Document in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Commercial Loan and Security Agreement (Trans Lux Corp)

Certain Rights of the Agent. If the Agent shall request instructions from the Required Lenders with respect to any act or action or actions (including the failure to act) in connection with this AgreementAgreement or any Loan Document, the Agent shall be entitled to refrain from such act or taking such act, action unless and until the Agent shall have received instructions from the Required Lenders; and the Agent shall not incur liability in to any Person by reason of so refraining. Without limiting the foregoing, no Lender foregoing the Lenders shall not have any right of action whatsoever against the Agent as a result of the Agent its acting or refraining from acting hereunder in accordance with the instructions of the Required Lenders.

Appears in 1 contract

Sources: Loan and Security Agreement (Novelion Therapeutics Inc.)