Common use of Lender Commitments Clause in Contracts

Lender Commitments. Administrative Agent shall have received in cash the amount of each Lender’s respective Commitment of the Facility. Without limiting the generality of the provisions of the last paragraph of Section 10.03, for purposes of determining compliance with the conditions specified in this Section, each Lender that has signed this Agreement 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 a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto.

Appears in 2 contracts

Sources: Credit Agreement, Credit Agreement (Solarcity Corp)