Determinations Under Section 3. 01. For purposes of --------------------------------- determining compliance with the conditions specified in Section 3.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Funding Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender prior to the date that the Borrower, by notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. The Funding Agent shall promptly notify the Lenders and the Borrower of the occurrence of the Effective Date.
Appears in 2 contracts
Sources: 364 Day Credit Agreement (Amvescap PLC/London/), Credit Agreement (Amvescap PLC/London/)
Determinations Under Section 3. 01. For purposes of --------------------------------- determining compliance with the conditions specified in Section 3.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Funding Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender prior to the date that the Borrower, by notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. The Funding Agent shall promptly notify the Lenders and Lenders, with a copy to the Borrower Borrower, of the occurrence of the Effective Date.
Appears in 2 contracts
Sources: 364 Day Credit Agreement (Rayonier Inc), Credit Agreement (Rayonier Inc)
Determinations Under Section 3. 01. For purposes of --------------------------------- determining compliance with the conditions specified in Section 3.01, the Agent, the Joint Lead Arrangers and each Lender Bank shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders such Persons unless an officer of the Funding Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender Person prior to the date that the BorrowerBorrower Representative, by notice to the LendersAgent, designates as the proposed Effective Date, specifying its objection thereto. The Funding Agent shall promptly notify the Lenders Banks and the Borrower Representative of the occurrence of the Effective Date, which notice shall be conclusive and binding.
Appears in 1 contract
Determinations Under Section 3. 01. For purposes of --------------------------------- determining compliance with the conditions specified in Section 3.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Funding Documentation Agent responsible for the transactions contemplated by this Agreement Loan Documents shall have received notice from such Lender prior to the date that the Borrower, by notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. The Funding Paying Agent shall promptly notify the Lenders and the Borrower of the occurrence of the Effective Date.
Appears in 1 contract
Determinations Under Section 3. 01. For purposes of --------------------------------- determining compliance with the conditions specified in Section 3.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Funding Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender prior to the date that the Borrower, by notice to the Lenders, designates as the proposed Effective Dateeffective date of Sections 2.01 and 2.02, specifying its objection thereto. The Funding Agent shall promptly notify the Lenders and the Borrower of the occurrence of the Effective Dateeffective date of Sections 2.01 and 2.02.
Appears in 1 contract
Sources: Credit Agreement (Olin Corp)