Common use of Redesignation Clause in Contracts

Redesignation. Promptly notify the Administrative Agent of any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 23 contracts

Sources: Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.), Credit Agreement (Sunrun Inc.)

Redesignation. Promptly notify the Administrative Agent of following its actual knowledge that any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 2 contracts

Sources: Credit Agreement (Ducommun Inc /De/), Credit Agreement (Ducommun Inc /De/)

Redesignation. Promptly notify the Administrative Agent in writing of any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 1 contract

Sources: Term Loan Agreement (LIVE VENTURES Inc)

Redesignation. Promptly after the Borrower’s becoming aware thereof, notify the Administrative Agent of any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 1 contract

Sources: Credit Agreement (AAC Holdings, Inc.)

Redesignation. Promptly notify the Administrative Agent of any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 1 contract

Sources: Credit Agreement (Checkpoint Systems Inc)

Redesignation. Promptly notify the Administrative Agent (who shall further notify the Lenders) of any Mortgaged Property that is, or becomes, a Flood Hazard Property.

Appears in 1 contract

Sources: Credit Agreement (Trecora Resources)