Change Confirmation Notice definition
Examples of Change Confirmation Notice in a sentence
If the Borrower and the Lenders fail to take efforts to make this Agreement continue to be legal and valid, the Law Change Affected Lender will notify promptly the Agent Bank (the “Law Change Confirmation Letter”), which will notify the Borrower promptly upon its receipt of such Law Change Confirmation Notice.
If the Sponsors would like CRL to proceed with the proposed Change, the Sponsors shall notify CRL of the same (a "Change Confirmation Notice") and such notice shall include the Sponsors determination (acting in their absolute discretion) as to whether the Sponsors will provide additional funding and/or any extension of time to CRL for the implementation of such Change (in which case the Sponsors shall include details of the consequential amendments to the Funding Schedule).