Common use of Failure to Act Clause in Contracts

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 26 contracts

Samples: Credit Agreement (Scansource Inc), 364 Day Credit Agreement (Mohawk Industries Inc), Credit Agreement (Mohawk Industries Inc)

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Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by it for reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 15 contracts

Samples: Credit Agreement (American Honda Finance Corp), Day Credit Agreement (American Honda Finance Corp), Day Credit Agreement (American Honda Finance Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 14 contracts

Samples: Credit Agreement (Iron Mountain Inc), Iron Mountain Incorporated (Iron Mountain Inc), Credit Agreement (Iron Mountain Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 14 contracts

Samples: Revolving Credit Agreement (Motorola Solutions, Inc.), Revolving Credit Agreement (Motorola Solutions, Inc.), Revolving Credit Agreement (Motorola Solutions, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 13.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action, subject to the limitations on such obligations contained in such Section 13.05.

Appears in 11 contracts

Samples: Loan Agreement (Douglas Emmett Inc), Loan Agreement (Douglas Emmett Inc), Loan Agreement (Douglas Emmett Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 9 contracts

Samples: Credit Agreement (Unitedglobalcom Inc), Credit Agreement (Barnes & Noble Inc), Credit Agreement (Polymer Group Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan DocumentsFinancing Agreements, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks from Lenders of their indemnification obligations under Section 7.05 12.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 8 contracts

Samples: Loan and Security Agreement (SpartanNash Co), Loan and Security Agreement (SpartanNash Co), Loan and Security Agreement (Nash Finch Co)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 14.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 8 contracts

Samples: Loan Agreement (General Growth Properties, Inc.), Loan Agreement (Colony Financial, Inc.), Loan Agreement (General Growth Properties, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the any other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability (except gross negligence and willful misconduct) and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 7 contracts

Samples: Credit Agreement (Veeco Instruments Inc), Credit Agreement (Veeco Instruments Inc), Credit Agreement (Hain Celestial Group Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 7 contracts

Samples: Security Agreement (Panavision Inc), Credit Agreement (Advo Inc), Credit Agreement (Eller Media Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Operative Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 6 contracts

Samples: Credit Agreement (Frontier Airlines Inc /Co/), Credit Agreement (Frontier Airlines Inc /Co/), Credit Agreement (Frontier Airlines Inc /Co/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 6 contracts

Samples: Credit Agreement (Newell Rubbermaid Inc), Credit Agreement (Newell Rubbermaid Inc), Credit Agreement (Newell Rubbermaid Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 7.5 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 5 contracts

Samples: Credit Agreement (Gladstone Commercial Corp), Credit Agreement (Avado Brands Inc), Credit Agreement (Avado Brands Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documentsany Note, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 5 contracts

Samples: Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM International Inc/De/), Credit Agreement (RPM Inc/Oh/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 12.6 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 5 contracts

Samples: Loan and Security Agreement (ADS Tactical, Inc.), Loan and Security Agreement (ADS Tactical, Inc.), Loan and Security Agreement (ADS Tactical, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 5 contracts

Samples: Credit Agreement (Capital One Financial Corp), Credit Agreement (Capital One Financial Corp), Assignment and Assumption (Capital One Financial Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 5 contracts

Samples: Credit Agreement (CSC Holdings Inc), Credit Agreement (CSC Holdings Inc), Credit Agreement (Cablevisions System Corp /Ny)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 5 contracts

Samples: Bridge Credit Agreement (Bowater Inc), Credit Agreement (Bowater Inc), Day Credit Agreement (Bowater Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, under the Letters of Credit and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Applied Extrusion Technologies Inc /De), Credit Agreement (Trans Resources Inc), Credit Agreement (Applied Extrusion Technologies Inc /De)

Failure to Act. Except for action expressly required of the -------------- Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Advanstar Inc), Credit Agreement (Advo Inc), Credit Agreement (Applied Business Telecommunications)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Mediacom Broadband Corp), Credit Agreement (Mediacom Broadband Corp), Credit Agreement (Mediacom Capital Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 9.9 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Greystone Housing Impact Investors LP), Credit Agreement (Greystone Housing Impact Investors LP), Credit Agreement (Greystone Housing Impact Investors LP)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder hereunder, or under the other Loan Security Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action, except for its own gross negligence or willful misconduct.

Appears in 4 contracts

Samples: Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc), Credit Agreement (Medical Action Industries Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Credit Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Commonwealth Aluminum Corp), Credit Agreement (Commonwealth Aluminum Corp), Credit Agreement (United Stationers Supply Co)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc), Credit Agreement (Be Aerospace Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Premier Parks Inc), Credit Agreement (Excelcom Inc), Credit Agreement (Premier Parks Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documentsdocuments, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 8.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Puerto Rico Telephone Co Inc), Revolving Credit Agreement (Telecomunicaciones De Puerto Rico Inc), Revolving Credit Agreement (Telecomunicaciones De Puerto Rico Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Loan Agreement (Hemisphere Media Group, Inc.), Loan Agreement (Hemisphere Media Group, Inc.), Credit Agreement (Pegasus Communications Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 4 contracts

Samples: Credit Agreement (Mediacom Capital Corp), Credit Agreement (Mediacom Communications Corp), Credit Agreement (Mediacom Capital Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 13.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Sunstone Hotel Investors, Inc.), Loan Agreement (Center Trust Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Credit Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Credit Agreement (Journal Register Co), Credit Agreement (Journal Register Co), Credit Agreement (State Auto Financial Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action. 10.08.

Appears in 3 contracts

Samples: Version Credit Agreement (Pitney Bowes Inc /De/), Version Credit Agreement (Pitney Bowes Inc /De/), Version Credit Agreement (Pitney Bowes Inc /De/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability and expense expenses which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Credit Agreement (Houston Exploration Co), Credit Agreement (Houston Exploration Co), Credit Agreement (Houston Exploration Co)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Credit Agreement (Frontiervision Capital Corp), Credit Agreement (Frontiervision Holdings Capital Corp), Credit Agreement (Canadian Forest Oil LTD)

Failure to Act. Except for action expressly required of the Administrative Agent or the Documentation Agent hereunder or under the other Loan Other Documents, the Administrative Agent and the Documentation Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Credit Agreement (Alarmguard Holdings Inc), Term Loan and Acquisition Credit Agreement (Alarmguard Holdings Inc), Term Loan and Acquisition Credit Agreement (Alarmguard Holdings Inc)

Failure to Act. Except for action actions expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan DocumentsDocuments and the Environmental Indemnity Agreement, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its reasonable satisfaction by the Banks from Lenders of their indemnification obligations under Section 7.05 10.13 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.), Loan Agreement (Healthcare Trust, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Credit Agreement (Enhance Financial Services Group Inc), Credit Agreement (Enhance Financial Services Group Inc), Credit Agreement (Enhance Financial Services Group Inc)

Failure to Act. Except for action expressly required of the -------------- Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.Credit Agreement ----------------

Appears in 3 contracts

Samples: Credit Agreement (Mediacom LLC), Credit Agreement (Mediacom Communications Corp), Credit Agreement (Mediacom LLC)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks from Lenders of their indemnification obligations under Section 7.05 12.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md), Credit Agreement (Prentiss Properties Trust/Md)

Failure to Act. Except for action expressly required of the Administrative and Collateral Agent hereunder or and under the other Loan DocumentsFinancing Agreements, the Administrative and Collateral Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks from Lenders of their indemnification obligations under Section 7.05 12.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 3 contracts

Samples: Loan and Security Agreement (BlueLinx Holdings Inc.), Loan and Security Agreement (BlueLinx Holdings Inc.), Loan and Security Agreement (BlueLinx Holdings Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability and expense which (other than any liability or expense that results from its gross negligence or willful misconduct) that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Term Loan Agreement (Health Care Reit Inc /De/), Loan Agreement (Health Care Reit Inc /De/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 13.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Loan Agreement (Shurgard Storage Centers Inc), Loan Agreement (Shurgard Storage Centers Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 10.05 against any and all liability Liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Penncorp Financial (Penncorp Financial Group Inc /De/), Credit Agreement (Penncorp Financial Group Inc /De/)

Failure to Act. Except for action expressly required of the -------------- Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 3.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Syndicated Term Loan Agreement (Weeks Corp), Syndicated Term Loan Agreement (Weeks Realty L P)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the The Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder under any Basic Document unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action. In addition, the Administrative Agent shall have no obligation whatsoever for any action which it reasonably and in good faith believes may violate applicable law.

Appears in 2 contracts

Samples: Credit Agreement (Imco Recycling Inc), Credit Agreement (Imco Recycling Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, under the Letters of Credit and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 12.5 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Seagull Energy Corp), Revolving Credit Agreement (Ocean Energy Inc /Tx/)

Failure to Act. Except for action expressly required of -------------- the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 8.5 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Global Payments Inc), Credit Agreement (National Data Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 15.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Mezzanine Loan Agreement (Morgans Hotel Group Co.), Loan Agreement (Morgans Hotel Group Co.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Airborne Freight Corp /De/), Credit Agreement (Carmike Cinemas Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 10.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (American Century California Tax Free & Municipal Funds), Credit Agreement (American Century Government Income Trust)

Failure to Act. Except for action actions expressly required of the Administrative Agent hereunder or under the other Loan DocumentsPledge Agreements, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability (except gross negligence and willful misconduct) and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Comtech Telecommunications Corp /De/), Credit Agreement (Comtech Telecommunications Corp /De/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.04 against any and all liability and expense which that may be incurred by the Administrative Agent by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Loan Agreement (Phelps Dodge Corp), Consent and Agreement (Phelps Dodge Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 8.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Airborne Inc /De/), Credit Agreement (Belden Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.7 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Mettler Toledo Holding Inc), Credit Agreement (Mettler Toledo Holding Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 8.06 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (New York REIT, Inc.), Credit Agreement (American Realty Capital New York Recovery Reit Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 13.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Construction Loan Agreement (Vail Resorts Inc), Construction Loan Agreement (Vail Resorts Inc)

Failure to Act. Except for action expressly required of the -------------- Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Capital One Financial Corp), Credit Agreement (Allmerica Financial Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 12.6 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.. 104

Appears in 2 contracts

Samples: Loan and Security Agreement (ADS Tactical, Inc.), Loan and Security Agreement (ADS Tactical, Inc.)

Failure to Act. Except for action expressly required of -------------- the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 11.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Premier Parks Inc), Credit Agreement (Premier Parks Inc)

Failure to Act. Except for action actions expressly required of the Administrative Agent hereunder or under the other Loan Security Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability (except gross negligence and willful misconduct) and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Globecomm Systems Inc), Credit Agreement (P&f Industries Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 8.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Loan Agreement (Us Airways Inc), Loan Agreement (Us Airways Inc)

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Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under this Agreement and under the other Loan DocumentsTransaction Documents to which the Administrative Agent is intended to be a party, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder under this Agreement and thereunder under the other Transaction Documents unless it shall receive further assurances to its reasonable satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (GreenHunter Energy, Inc.), Credit Agreement (GreenHunter Energy, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Term Loan Agreement (New York City REIT, Inc.), Loan Agreement (American Realty Capital New York City REIT, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 SECTION 10.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (American Century Target Maturities Trust), Credit Agreement (American Century California Tax Free & Municipal Funds)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Transaction Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 11.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (American Capital Strategies LTD), Credit Agreement (American Capital Strategies LTD)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 12.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Loan Agreement (Computer Task Group Inc), Loan Agreement (Computer Task Group Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 12.5 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: 364 Day Credit Agreement (Ocean Energy Inc /Tx/), Guaranty Agreement (Ocean Energy Inc /Tx/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Credit Agreement (Newell Co), Bridge Credit Agreement (Bemis Co Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 SECTION 10.5 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 2 contracts

Samples: Year Credit Agreement (Houghton Mifflin Co), Credit Agreement (Houghton Mifflin Co)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 15.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Loan Agreement (Tarragon Corp)

Failure to Act. Except for action expressly required of the an Administrative Agent hereunder hereunder, under the Letters of Credit or under the other Loan Documents, the each Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 10.6 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (National Oilwell Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 16.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Loan Agreement (Morgans Hotel Group Co.)

Failure to Act. Except for action actions expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.12 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Loan Agreement (Care Capital Properties, Inc.)

Failure to Act. Except for action expressly required of Notwithstanding anything else to the Administrative Agent hereunder contrary herein or under the other in any Loan DocumentsDocument, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder or under any Loan Document unless it shall first be indemnified and/or receive further assurances security to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability liability, cost and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Mercadolibre Inc)

Failure to Act. Except for action actions expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Credit Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 9.12 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.”

Appears in 1 contract

Samples: Credit and Security Agreement (Ares Commercial Real Estate Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder under any Basic Document unless it shall receive further assurances to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.it

Appears in 1 contract

Samples: Security Agreement (Kash N Karry Food Stores Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the any other Loan DocumentsDocument, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Senior Bridge Loan Agreement (Grupo Aval Acciones Y Valores S.A.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.. Table of Contents

Appears in 1 contract

Samples: Credit Agreement (Mediacom Broadband Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 8.5 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Global Payments Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.Section

Appears in 1 contract

Samples: Credit Agreement (Gran Tierra Energy, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the any other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability (except gross 72 negligence and willful misconduct) and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Veeco Instruments Inc)

Failure to Act. Except for action expressly required of the an Administrative Agent hereunder or and under the other Loan Operative Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Loan Participant of their indemnification obligations under Section 7.05 14(e) hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Facility Agreement (Virgin America Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentsany Related Document, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder or any Related Document unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 9.05 against any and all liability and expense which may be incurred by the it in its capacity as Administrative Agent hereunder by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Bond Purchase and Covenants Agreement (Dayton Power & Light Co)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 SECTION 12.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Cornell Companies Inc)

Failure to Act. Except for action expressly required of the Administrative Agent or the Term Collateral Agent hereunder or under the other Loan Documents, the Administrative Agent and the Term Collateral Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent or the Term Collateral Agent by reason of taking, continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Carmike Cinemas Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the any other Loan DocumentsDocument, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.. -37- 10.08

Appears in 1 contract

Samples: Loan Agreement

Failure to Act. Except for action expressly required of the --------------- Administrative Agent hereunder or and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Provident Companies Inc /De/)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 11.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Agreement (Gran Tierra Energy, Inc.)

Failure to Act. Except for action expressly required of the -------------- Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.05 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Mediacom Broadband Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 14.4 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Construction Loan Agreement (Maguire Properties Inc)

Failure to Act. Except for action actions expressly required of the Administrative Agent hereunder or and under the other Loan DocumentsDocuments and the Environmental Indemnity Agreement, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 10.12 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.. CONA – Healthcare Trust, Inc. 92119388.8

Appears in 1 contract

Samples: Loan Agreement (Healthcare Trust, Inc.)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 14.5 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Loan Agreement (Douglas Emmett Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 SECTION 13.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Loan Agreement (Burnham Pacific Properties Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks from Lenders of their indemnification obligations under Section 7.05 11.5 hereof against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Loan and Security Agreement (BBX Capital Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documentshereunder, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 against any and all liability and expense expenses which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Ipalco Enterprises Inc)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or hereunder, under the Letters of Credit and under the other Loan Basic Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by the Banks Lenders of their indemnification obligations under Section 7.05 9.05 hereof against any and all liability and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Applied Extrusion Technologies Inc /De)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or and under the other Loan Credit Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 13.05 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Insignia Financial Group Inc /De/)

Failure to Act. Except for action expressly required of the -------------- Administrative Agent hereunder or and under the other Loan Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances to its satisfaction by from the Banks Lenders of their indemnification obligations under Section 7.05 against any and all liability and expense which may be incurred by the Administrative Agent by reason of taking, continuing to take, or failing to take any such action.under

Appears in 1 contract

Samples: Credit Agreement (Mediacom Communications Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Documents(subject to Section 7.3), the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and thereunder unless it shall receive further assurances to its satisfaction by from the Banks of their indemnification obligations under Section 7.05 7.6 against any and all liability and expense which that may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Revolving Credit Agreement (Eaton Corp)

Failure to Act. Except for action expressly required of the Administrative Agent hereunder or under the other Loan Security Documents, the Administrative Agent shall in all cases be fully justified in failing or refusing to act hereunder and or thereunder unless it shall receive further assurances be indemnified to its satisfaction by the Banks of their indemnification obligations under Section 7.05 Lenders against any and all liability (except gross negligence and willful misconduct) and expense which may be incurred by the Administrative Agent it by reason of taking, taking or continuing to take, or failing to take any such action.

Appears in 1 contract

Samples: Credit Agreement (Lexent Inc)

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