Common use of Actions by the Administrative Agent Clause in Contracts

Actions by the Administrative Agent. Upon receipt of a Request for Advance and if the conditions precedent provided herein shall be satisfied at the time of such request, the Administrative Agent promptly shall notify each Bank of such request and of such Bank's ratable share of such Loan. Upon receipt by the Administrative Agent of a Request for Advance, the request shall not be revocable by the Borrowers.

Appears in 3 contracts

Samples: Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp), Credit Agreement (Willis Lease Finance Corp)

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Actions by the Administrative Agent. Upon receipt of a Request for Advance and if the conditions precedent provided herein shall be satisfied at the time of such request, the Administrative Agent promptly shall notify each Bank of such request and of such Bank's ’s ratable share of such Loan. Upon receipt by the Administrative Agent of a Request for Advance, the request shall not be revocable by the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

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Actions by the Administrative Agent. Upon receipt of a Request for Advance and if the conditions precedent provided herein shall be satisfied at the time of such request, the Administrative Agent promptly shall notify each Bank of such request and of such Bank's ’s ratable share of such Revolving Loan. Upon receipt by the Administrative Agent of a Request for Advance, the request shall not be revocable by the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Willis Lease Finance Corp)

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