Common use of Communication when Agent is Impaired Agent Clause in Contracts

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 152 contracts

Sources: Term Credit Facility Agreement (Axian Telecom), Borrowing Base Facility Agreement (Vaalco Energy Inc /De/), Senior Facilities Agreement (Atlas Investissement)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents Document which require communications to be made or notices to be given to or by the Agent shall will be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall will not operate after a replacement Agent has been appointed.

Appears in 4 contracts

Sources: Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (Compagnie Maritime Belge NV), Bridge Facilities Agreement (CMB.TECH Nv)

Communication when Agent is Impaired Agent. If the an Agent is an Impaired Agent the Parties mayParties, instead of communicating with each other through the such Agent, may communicate with each other directly and (while the such Agent is an Impaired Agent) all the provisions of the Finance Documents which that require communications to be made or notices to be given to or by the such Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 3 contracts

Sources: Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.), Project Facilities Agreement and Intercreditor Agreement (Pacific Drilling S.A.), Amendment and Restatement Agreement (Pacific Drilling S.A.)

Communication when Agent is Impaired Agent. If the Facility Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Facility Agent, communicate with each other directly and (while the Facility Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Facility Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Facility Agent has been appointed.

Appears in 3 contracts

Sources: Facility Agreement (Global Ship Lease, Inc.), Multipurpose Facilities Agreement (SunOpta Inc.), Credit Agreement (Global Ship Lease, Inc.)

Communication when Agent is Impaired Agent. If the an Agent is an Impaired Agent Agent, the Parties and the Collateral Monitor may, instead of communicating with each other through the such Agent, communicate with each other directly and (while the such Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the such Agent shall be varied so that communications may be made and notices given to or by the relevant Parties or the Collateral Monitor directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 3 contracts

Sources: Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.), Amendment and Restatement Agreement (Cboe Global Markets, Inc.)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointedappointed unless such replacement Agent becomes an Impaired Agent.

Appears in 3 contracts

Sources: Multicurrency Revolving Facility Agreement (Markit Ltd.), Amendment and Restatement Agreement (Genesco Inc), Amendment and Restatement Agreement (Genesco Inc)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent Agent, (a) the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (b) (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointedappointed to replace such Impaired Agent.

Appears in 2 contracts

Sources: Facilities Agreement (New Frontier Public Holding Ltd.), Facilities Agreement (New Frontier Health Corp)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directlydirectly but always in accordance with the Stamp Duty Guidelines. This provision shall not operate after a replacement Agent has been appointed.

Appears in 2 contracts

Sources: Facilities Agreement (Sappi LTD), Term Loan Facility Agreement (Sappi LTD)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties parties to this Agreement may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 2 contracts

Sources: Loan Agreement (Costamare Partners LP), Loan Agreement (Costamare Partners LP)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require required communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Facility Agreement (British Sky Broadcasting Group PLC)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.. ​

Appears in 1 contract

Sources: Unsecured NGN Term Facility Agreement (IHS Holding LTD)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents Document which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Misys PLC)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents Document which require communications to be made or notices to be given to or by the Agent shall will be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall will not operate after a replacement Agent has been appointed.. 37 Confidentiality of Funding Rates

Appears in 1 contract

Sources: Sustainability Linked Revolving Credit Facility Agreement (ICL Group Ltd.)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent Agent, the Parties may, instead of communicating with each other through the Agent, communicate with each other directly directly, and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Syndication and Amendment Agreement (Igate Corp)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.. |EU-DOCS\34803319.2||

Appears in 1 contract

Sources: Notes Purchase Agreement (Membership Collective Group Inc.)

Communication when Agent is Impaired Agent. If the an Agent is an Impaired Agent the Parties may, instead of communicating with each other through the such Agent, communicate with each other directly and (while the such Agent is an Impaired Agent) all the provisions of the Finance Financing Documents which require communications to be made or notices to be given to or by the relevant Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Revolving Credit Facilities Agreement (WPP PLC)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents this Side Letter which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directlydirectly but always in accordance with the Stamp Duty Guidelines. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Term Loan Facility Agreement (Sappi LTD)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly directly, and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Facilities Agreement (Igate Corp)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent Agent, the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Supplemental Agreement (Innospec Inc.)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices to be given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Tower Group International, Ltd.)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.. 87 = NUMPAGES 135-2 133

Appears in 1 contract

Sources: Facility Agreement (Alibaba Group Holding LTD)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent the Parties may, instead of communicating with each other through the Agent, communicate with each other directly (and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement Agent has been appointed.

Appears in 1 contract

Sources: Amendment and Restatement Agreement (Validus Holdings LTD)

Communication when Agent is Impaired Agent. If the Agent is an Impaired Agent Agent, the Parties may, instead of communicating with each other through the Agent, communicate with each other directly and (while the Agent is an Impaired Agent) all the provisions of the Finance Documents which require communications to be made or notices to be given to or by the Agent shall be varied so that communications may be made and notices given to or by the relevant Parties directly. This provision shall not operate after a replacement of the Agent has been appointed.

Appears in 1 contract

Sources: Facility Agreement (Marine Harvest ASA)