Creditor Consent Sample Clauses

The Creditor Consent clause establishes that certain actions or decisions under an agreement require the explicit approval of the creditor. In practice, this means that the debtor or other parties must obtain written or documented consent from the creditor before proceeding with specified activities, such as modifying payment terms, transferring obligations, or entering into additional agreements that could affect the creditor's interests. This clause serves to protect the creditor by ensuring they maintain control over changes that could impact their rights or the likelihood of repayment, thereby reducing the risk of unfavorable alterations without their knowledge or agreement.
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Creditor Consent. For any amendment to this Agreement requiring the consent of any Creditors, the Master Collateral Agent will, when directed by Trust Order, notify the Creditor Representatives to request consent and follow its reasonable procedures to obtain
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Creditor Consent. For any amendment to this Agreement requiring the consent of any Creditors, the Master Collateral Agent will, when directed by Trust Order, notify the Creditor Representatives to request consent and follow its reasonable procedures to obtain consent. It shall not be necessary for the consent of any Creditors (acting through its Creditor Representative) to approve the particular form of any proposed amendment or consent, but it shall be sufficient if such consent shall approve the substance thereof. For the avoidance of doubt, any Creditor (acting through its Creditor Representative) consenting to any amendment shall be deemed to agree that such amendment does not have a material adverse effect on such Creditor and any Creditor Representative consenting to any amendment shall be deemed to agree that such amendment does not have a material adverse effect on such Creditor Representative or its Creditors.
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Creditor Consent. For any amendment to this Agreement or any other Transaction Document or other Series Related Document requiring the consent of the Creditors or the Majority Creditor Representatives, the Owner Trustee will notify the Creditor Representatives to obtain the consent of the Creditors and follow its reasonable procedures to obtain consent. The manner of obtaining any consents of Certificateholders provided for in this Agreement or in any other Transaction Document or other Series Related Document and of evidencing the authorization of the execution thereof by the Certificateholders shall be subject to such reasonable requirements as the Owner Trustee may prescribe.
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Creditor Consent. [Seller/CTO] shall have obtained any required third-party consents or waivers including, without limitation, any consent or waiver required under that certain Second Amended and Restated Credit Agreement dated September 7, 2017, by and among [Seller/CTO], as [borrower], certain [subsidiaries/affiliates] of [Seller/CTO], as [guarantors] and Bank of Montreal, as administrative agent on behalf of financial institutions from time to time party thereto.
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Creditor Consent. The prior written consent of each holder of a fixed or floating security interest of the Company, as set forth on Schedule 7.1(f), shall have been obtained by the Company in accordance with Section 233(8) of the Cayman Law.
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Creditor Consent. Since the date of this Agreement, the Creditor Consent shall not have been amended, modified, terminated, rescinded, limited, suspended or withdrawn in any respect without Purchaser’s prior written consent.
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Creditor Consent. Seller shall have obtained the consent of its creditors set forth on Schedule 3.15 hereof.
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Creditor Consent. IMPCO shall have obtained the consent of LaSalle.
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Related to Creditor Consent

  • Noteholder Consent For any amendment to this Agreement or any other Transaction Document requiring the consent of the Noteholders, the Owner Trustee will notify the Indenture Trustee to request consent from the Noteholders and follow its reasonable procedures to obtain consent.

  • Waiver; Consent This Agreement may not be changed, amended, terminated, augmented, rescinded or discharged (other than in accordance with its terms), in whole or in part, except by a writing executed by the parties hereto. No waiver of any of the provisions or conditions of this Agreement or any of the rights of a party hereto shall be effective or binding unless such waiver shall be in writing and signed by the party claimed to have given or consented thereto. Except to the extent otherwise agreed in writing, no waiver of any term, condition or other provision of this Agreement, or any breach thereof shall be deemed to be a waiver of any other term, condition or provision or any breach thereof, or any subsequent breach of the same term, condition or provision, nor shall any forbearance to seek a remedy for any noncompliance or breach be deemed to be a waiver of a party’s rights and remedies with respect to such noncompliance or breach.