Notice to Each Lender Sample Clauses
The "Notice to Each Lender" clause requires that any formal communications, notifications, or disclosures relevant to the agreement be provided to all lenders involved. In practice, this means that if the borrower or another party needs to inform the lenders about events such as defaults, amendments, or other significant matters, each lender must receive the notice in the manner and timeframe specified in the agreement. This clause ensures that all lenders are kept equally informed, preventing misunderstandings and ensuring that each lender can exercise their rights or respond appropriately to developments under the agreement.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and, if Eurodollar Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 11:00 a.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Section 11.11, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or due waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and (ii) on the Closing Date and any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and prompt notice of the applicable Interest Period. Each Lender shall, before 2:00 p.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Annex IV, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and 3.2 and (ii) any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower in immediately available funds on the date of the proposed Borrowing to the account specified by the Borrower in the Notice of Borrowing delivered in respect of such proposed Borrowing.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and, if Eurodollar Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, make available to the Administrative Agent at its address referred to in Section 11.11 in immediately available funds not later than 1:00 p.m. on the Business Day specified in the applicable Notice of Borrowing, such Lender’s Pro Rata Share of such proposed Borrowing. Upon satisfaction (or waiver) (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and (ii) on the Closing Date and any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make all funds so received available to the Borrower in like funds as received by the Administrative Agent either by (i) crediting the account of the Borrower on the books of the Administrative Agent with the amount of such funds or (ii) wire transfer of such funds, in each case in accordance with instructions provided to (and reasonably acceptable to) the Administrative Agent by the Borrower.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and, if Eurodollar Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 3:00 p.m. (New York time) on the Closing Date and before 1:00 p.m. (New York time) on the Closing Date in the case of Eurodollar Rate Loans, make available to the Administrative Agent at its address referred to in Section 11.11, such Lender’s Pro Rata Share of the Term Loans. Upon fulfillment or due waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1, the Administrative Agent shall make such funds available to the Borrower.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent's receipt of a Notice of Borrowing or a Notice of DDTL Termination Date Funding, as the case may be, and, if Eurodollar Rate Loans are properly requested in any such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 11:00 a.m. on the applicable Funding Date or date of the DDTL Termination Date Funding, as the case may be, make available to the Administrative Agent at its address referred to in Section 11.11 (or, in the case of any release from the DDTL Escrow Account, permit the Administrative Agent to withdraw from such account), such Lender's Pro Rata Share of such proposed Borrowing or DDTL Termination Date Funding, as the case may be. Upon fulfillment or due waiver on or prior to the applicable Funding Date of the conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower on the applicable Funding Date. Upon fulfillment or due waiver on the DDTL Termination Date of the conditions set forth in Section 3.3, the Administrative Agent shall deposit such funds into the DDTL Escrow Account. Any release of funds from the DDTL Escrow Account to the Borrower shall constitute a funding of Delayed Draw Term Loans by the Delayed Draw Term Loan Lenders subject to fulfillment or due waiver of the conditions set forth in Section 3.2.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and, if LIBO Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 11:00 a.m. (Standard Time) on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Section 11.11, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or due waiver on the Original Closing Date and any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and, if Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 11:00 a.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Section 11.12, such Lender’s Pro Rata Share of the proposed Borrowing. Upon fulfillment or due waiver of the applicable conditions set forth in Section 3.1, the Administrative Agent shall make such funds available to the Borrowers.
Notice to Each Lender. Upon receipt of notice from the Administrative Agent to fund a Request for Equipment Borrowing with Revolving Loans subject to paragraph (a) above, and subject to the terms of this Agreement, each Lender shall, before 10:00 a.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Section 11.11, such Lender’s Pro Rata Share of such proposed Borrowing (adjusted in accordance with Section 2.1(a)), and in turn, the Administrative Agent shall promptly make such funds available to the Borrower or to directly pay invoices or electronic remittance advises that are the subject of such Request for Equipment Borrowing.
Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and, if Eurodollar Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 11:00 a.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Section 11.11, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or due waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and (ii) any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make available to the Borrower the Initial Term Loans or any Revolving Loan, as applicable. Upon fulfillment or due waiver on the Delayed-Draw Effective Date of the applicable conditions set forth in the relevant provisions of Section 3.4, the Administrative Agent shall make available to the Borrower the Delayed-Draw Term Loans.
Notice to Each Lender. The Applicable Administrative Agent shall give to each relevant Lender prompt notice of the Applicable Administrative Agent’s receipt of a Notice of Borrowing and, if Eurodollar Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable interest rate. Each Lender shall, before 12:00 noon on the date of the proposed Borrowing, make available to the Applicable Administrative Agent at its address referred to in Section 11.11, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or due waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and (ii) on the Closing Date and on the date of each borrowing of Loans thereafter, of the applicable conditions set forth in Section 3.2, the Applicable Administrative Agent shall make the funds made available to it by the Lenders before 12:00 noon on the date of the proposed Borrowing available to the Borrower.