SEC Filings

10-12G/A
AMSURG CORP filed this Form 10-12G/A on 11/03/1997
Entire Document
 
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enter into each of the Loan Documents and to take all action contemplated
thereby, all in its capacity as Agent for the ratable benefit of the Lenders.
All rights and remedies under the Loan Documents may be exercised by the Agent
for the benefit of the Agent and the Lenders upon the terms thereof.

         (b)     The Agent shall administer the Loans described herein and the
Loan Documents on behalf of and for the benefit of the Lenders in all respects
as if the Agent were the sole Lender under the Loan Documents, except that:

                 (i)       The Agent shall administer the Loans and the Loan
         Documents with a degree of care at least equal to that customarily
         employed by the Agent in the administration of similar credit
         facilities for its own account.

                 (ii)      The Agent shall not, without the consent of the
         Majority Lenders, take any of the following actions:

                          (A)       agree to a waiver of any material
                 requirements, covenants, or obligations of the Borrower or of
                 any of the Guarantors contained herein;

                          (B)       agree to any amendment to or modification
                 of any of the terms of any of the Loan Documents;

                          (C)       waive any Event of Default or Default 
                 Condition as set forth in the Loan Agreement;

                          (D)       accelerate the indebtedness described in
                 the Loan Agreement following an Event of Default; or

                          (E)       initiate litigation or pursue other
                 remedies to enforce the obligations contained in any Loan
                 Document or to collect the indebtedness described herein.

                 (iii)    The Agent shall not, without the consent of all of the
         Lenders, take any of the following actions:

                          (A)       extend the maturity of any payment of
                 principal of or interest on the indebtedness described herein;

                          (B)       reduce any fees paid to or for the benefit
                 of Lenders under the Loan Agreement;

                          (C)       reduce the rate of interest charged on the
                 indebtedness described herein;

                          (D)       release any Guaranty;





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