Common use of Notification of satisfaction Clause in Contracts

Notification of satisfaction. The Facility Agent must notify the Obligors' Agent and the Banks promptly on being satisfied that it has received all of the documents and evidence set out in Part I of Schedule 2 in form and substance satisfactory to it.

Notification of satisfaction. The Facility Agent must notify the Obligors' Agent and the Banks promptly on being satisfied that it has received all of the documents and evidence set out in Part I of Schedule 2 1 in form and substance satisfactory to it.