Common use of Replacement of a Defaulting Lender Clause in Contracts

Replacement of a Defaulting Lender. (a) The Parent may, at any time a Lender has become and continues to be a Defaulting Lender, by giving five Business Days' prior written notice to the Agent and such Lender:

Appears in 2 contracts

Sources: Revolving Credit Facility Agreement (Magnum Ice Cream Co B.V.), Revolving Credit Facility Agreement (Magnum Ice Cream Co B.V.)

Replacement of a Defaulting Lender. (a) The Parent may, at any time a Lender has become and continues to be a Defaulting Lender, by giving five Business Days' prior written notice to the Agent and such Lender:

Appears in 2 contracts

Sources: Bridge and Term Facilities Agreement (Magnum Ice Cream Co B.V.), Bridge and Term Facilities Agreement (Magnum Ice Cream Co B.V.)

Replacement of a Defaulting Lender. (a) The Parent may, at any time a Lender has become and continues to be a Defaulting Lender, by giving five 20 Business Days' prior written notice to the Agent and such Lender:Lender:-

Appears in 1 contract

Sources: Multicurrency Facility Agreement (Gulfmark Offshore Inc)

Replacement of a Defaulting Lender. (a) The Parent may, at any time a Lender has become and continues to be a Defaulting Lender, by giving five (5) Business Days' prior written notice to the Agent and such Lender:

Appears in 1 contract

Sources: Bridge Facility Agreement (Gold Fields LTD)

Replacement of a Defaulting Lender. (a) The Parent may, at any time a Lender has become and continues to be a Defaulting Lender, by giving five ten Business Days' prior written notice to the Agent and such Lender:

Appears in 1 contract

Sources: Super Senior Revolving Facility Agreement (Orion Engineered Carbons S.a r.l.)