Common use of Unanimous Consent Clause in Contracts

Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Agent at the written direction of the Lenders), do any of the following: 9.3.2.1 increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 9.6) or subject the Lenders to any additional obligations; 9.3.2.2 reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan; 9.3.2.3 reduce the amount of any fees payable to the Lenders hereunder; 9.3.2.4 postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor; 9.3.2.5 change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 9.6); 9.3.2.6 amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section; 9.3.2.7 modify the definition of the term “Majority Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof; 9.3.2.8 release any Guarantor from its obligations under the Guaranty; or 9.3.2.9 waive an Event of Default under Section 7.1.1.

Appears in 1 contract

Sources: Fifth Modification Agreement (Ps Business Parks Inc/Ca)

Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following: 9.3.2.1 (i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 9.613.13) or subject the Lenders to any additional obligations; 9.3.2.2 (ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan; 9.3.2.3 (iii) reduce the amount of any fees payable to the Lenders hereunder; 9.3.2.4 (iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor; 9.3.2.5 (v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 9.613.13); 9.3.2.6 (vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section; 9.3.2.7 (vii) modify the definition of the term “Majority Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof; 9.3.2.8 (viii) release any Guarantor from its obligations under the Guaranty; (ix) waive a Default under Section 11.1(a); or 9.3.2.9 waive an Event (x) release or dispose of Default under Collateral unless released or disposed of as permitted by, and in accordance with, Section 7.1.112.7.

Appears in 1 contract

Sources: Loan Agreement (KBS Real Estate Investment Trust III, Inc.)

Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following: 9.3.2.1 (i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 9.6) Article XIV or subject the Lenders to any additional obligations; 9.3.2.2 (ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan; 9.3.2.3 (iii) reduce the amount of any fees payable to the Lenders hereunder; 9.3.2.4 (iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor; 9.3.2.5 (v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 9.6Article XIV); 9.3.2.6 (vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section; 9.3.2.7 (vii) modify the definition of the term “Majority Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof; 9.3.2.8 (viii) release any Guarantor from its obligations under the Guaranty; (ix) waive a Default under Section 9.2; or 9.3.2.9 waive an Event (x) release or dispose of Default under any Collateral unless released or disposed of as permitted by, and in accordance with, Section 7.1.112.7.

Appears in 1 contract

Sources: Construction Loan Agreement (FC Global Realty Inc)

Unanimous Consent. Notwithstanding the foregoing, no amendment, waiver or consent shall, unless in writing, and signed by all of the Lenders (or the Administrative Agent at the written direction of the Lenders), do any of the following: 9.3.2.1 (i) increase the Commitments of the Lenders (excluding any increase as a result of an assignment of Commitments permitted under Section 9.613.13) or subject the Lenders to any additional obligations; 9.3.2.2 (ii) reduce the principal of, or interest rates that have accrued or that will be charged on the outstanding principal amount of, the Loan; 9.3.2.3 (iii) reduce the amount of any fees payable to the Lenders hereunder; 9.3.2.4 (iv) postpone any date fixed for any payment of principal of, or interest on, the Loan (including, without limitation, the Maturity Date) or for the payment of fees or any other obligations of Borrower or Guarantor; 9.3.2.5 (v) change the Pro Rata Shares (excluding any change as a result of an assignment of Commitments permitted under Section 9.613.13); 9.3.2.6 (vi) amend this Section or amend the definitions of the terms used in this Agreement or the other Loan Documents insofar as such definitions affect the substance of this Section; 9.3.2.7 (vii) modify the definition of the term “Majority Requisite Lenders” or modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof; 9.3.2.8 (viii) release any Guarantor from its obligations under the Guaranty; (ix) waive a Default under Section 11.1(a); or 9.3.2.9 waive an Event (x) release or dispose of Default under any Collateral unless released or disposed of as permitted by, and in accordance with, Section 7.1.112.7.

Appears in 1 contract

Sources: Building Loan Agreement (Sunrise Senior Living Inc)