Consent and Direction Clause Samples
The 'Consent and Direction' clause establishes that certain actions or decisions under the agreement require the explicit approval or instruction of a specified party. In practice, this means that one party must obtain written or documented consent from the other before proceeding with particular activities, such as disclosing confidential information or making significant changes to the project scope. This clause ensures that both parties maintain control over key aspects of the relationship, preventing unauthorized actions and promoting clear communication and mutual agreement.
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Consent and Direction. (i) Each of the Lenders and Funding Agents party hereto hereby consents to this Amendment and authorizes and directs the Administrative Agent to execute and deliver this Amendment.
(ii) The Lenders party hereto representing the Majority Lenders hereby consent to this Amendment and hereby authorize and direct the Administrative Agent to execute and deliver this Amendment.
Consent and Direction. By its signature below, each of the Lenders, collectively constituting 100% of the Lenders, hereby consents to the terms of this Agreement and directs the Administrative Agent to consent to the terms of this Agreement and to direct the Security Trustee to execute this Agreement and take any and all further action necessary or appropriate to give effect to the transactions contemplated hereby. In reliance on the immediately preceding sentence, by its signature below, the Administrative Agent hereby consents to the terms of this Agreement and directs the Security Trustee to execute this Agreement and to take any and all further action necessary or appropriate to give effect to the transactions contemplated thereby.
Consent and Direction. Pursuant to Sections 6.05 and 9.02 of the Indenture, the Holder hereby (i) represents that it is the sole holder of outstanding Securities, (ii) consents to the release of Liens and guarantees as set forth in Article 2 and Article 3 of this Supplemental Indenture, (iii) consents to the amendments set forth in this Supplemental Indenture, and (iv) directs the Trustee and Collateral Agent to enter into this Supplemental Indenture.
Consent and Direction. The Lenders party hereto representing all Lenders hereby authorize and direct the Administrative Agent to execute and deliver this Amendment.
Consent and Direction. (a) Each of the Agent, the Borrower, the Manager and the Servicer hereby authorizes and, as applicable, directs the Paying Agent, the Back-Up Servicer and the Transition Manager to execute and deliver this Amendment.
(b) The Lenders party hereto representing all Lenders hereby authorize and direct the Agent to execute and deliver this Amendment.
Consent and Direction. The Required Lenders hereby consent to, and direct the Administrative Agent to consent to, and the Administrative Agent hereby consents to, the execution and delivery on the date hereof of (a) the 2017-1A SUBI Subservicing Agreement, (b) the Second Tier Purchase Agreement, (c) the omnibus amendment to the First Tier Purchase Agreements that were executed on the Closing Date, (d) the first amendment to the 2017-1A SUBI Supplement, and (e) such other documents as are reasonably necessary to be executed and delivered in connection therewith and herewith. 180
Consent and Direction. The Lenders hereby (i) consent to the transactions contemplated under the Asset Purchase Agreement dated as of November __, 2000 among JPS Industries, Inc., JPS Converter & Industrial Corp. and JPSA Acquisition Corp., a copy of which is attached hereto, provided that the Borrowers prepay the principal amount of the Loans in an
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(i) Each of the Lenders and Funding Agents party hereto hereby consents to this Amendment and authorizes and directs each of the Administrative Agent, the Paying Agent and the Verification Agent to execute and deliver this Amendment.
(ii) The Administrative Agent and each of the Lenders party hereto hereby consents to the execution and delivery by SAP of the Servicing Agreement and the Termination Letter.
Consent and Direction. Agent on or prior to the date hereof (the "Monogram Amendment"). The Lenders hereby direct the Administrative Agent to enter into an Intercreditor Agreement with General Electric Capital Corporation (the "Intercreditor Agreement") provided that such Intercreditor Agreement is in form and substance satisfactory to the Administrative Agent.
Consent and Direction. If you are in agreement with the amendments set forth in the Seventh Amendment and subject to the conditions set forth herein and the execution of satisfactory amendment documentation, kindly execute and return to the Administrative Agent, by no later than 5:00 p.m. EST on December 5, 2023, your executed signature page to this Amendment Request No. 7, a form of which is attached hereto. Your return of such executed signature page to the Administrative Agent authorizes and directs the Administrative Agent to deliver the Seventh Amendment on your behalf. WDB HOLDING PA, INC. By: Millstreet Capital Management LLC, its Sub- Investment Manager MILLSTREET CREDIT FUND LP By: Millstreet Capital Partners LLC, its General Partner VR Global Partners, L.P.