Administrative Agent Notification of Lenders. Following receipt of a Loan Notice, Administrative Agent shall promptly notify the Lenders of the amount of the applicable Borrowing, and the amount of the Loan to be funded by each Lender based on its Applicable Percentage, and if no timely notice of a conversion or continuation is provided by a Borrower Party, Administrative Agent shall notify each Lender, as applicable, of the details of any automatic conversion to Base Rate Loans described in the preceding subsection.
Appears in 3 contracts
Samples: Revolving Credit Agreement (AGTB Private BDC), Revolving Credit Agreement (Franklin BSP Capital Corp), Revolving Credit Agreement (Franklin BSP Capital Corp)
Administrative Agent Notification of Lenders. Following receipt of a Loan Notice, Administrative Agent shall promptly notify the Lenders each Lender of the amount of its Applicable Percentage of the applicable Borrowing, and the amount of the Loan to be funded by each Lender based on its Applicable PercentageLoans, and if no timely notice of a conversion or continuation is provided by a Borrower Party, Administrative Agent shall notify each Lender, as applicable, Lender of the details of any automatic conversion to Base Rate Loans described in the preceding subsection.
Appears in 3 contracts
Samples: Revolving Credit Agreement (GOLUB CAPITAL INVESTMENT Corp), Revolving Credit Agreement (Golub Capital BDC 3, Inc.), Revolving Credit Agreement (Golub Capital Investment Corp)
Administrative Agent Notification of Lenders. Following receipt of a Loan NoticeNotice of Advance, Administrative Agent shall promptly notify the Lenders each Lender of the amount of its Pro Rata Share of the applicable Borrowing, and the amount of the Loan to be funded by each Lender based on its Applicable Percentage, and if no timely notice of a conversion or continuation is provided by a Borrower PartyBorrower, Administrative Agent shall notify each Lender, as applicable, Lender of the details of any automatic conversion of LIBOR Loans pursuant to Base Rate Loans described in the preceding subsection.
Appears in 3 contracts
Samples: Term Loan Agreement (WhiteHorse Finance, LLC), Revolving Credit Agreement (TPG Specialty Lending, Inc.), Revolving Credit Agreement (TPG Specialty Lending, Inc.)
Administrative Agent Notification of Lenders. Following receipt of a Loan Notice, Administrative Agent shall promptly notify the Lenders each Lender of the amount (and, if a LIBOR Loan, the currency) of its Applicable Percentage of the applicable Borrowing, and the amount of the Loan to be funded by each Lender based on its Applicable PercentageLoans, and if no timely notice of a conversion or continuation is provided by a Borrower Party, Administrative Agent shall notify each Lender, as applicable, Lender of the details of any automatic conversion to Base Rate ABR Loans or continuation of LIBOR Loans denominated in a currency other than Dollars described in the preceding subsection.
Appears in 1 contract
Samples: Revolving Credit Agreement (Bain Capital Specialty Finance, Inc.)
Administrative Agent Notification of Lenders. Following receipt of a Loan Notice, Administrative Agent shall promptly notify the Lenders each Lender of the amount of its Applicable Percentage of the applicable Borrowing, and the amount of the Loan to be funded by each Lender based on its Applicable PercentageLoans, and if no timely notice of a conversion or continuation is provided by a Borrower PartyBorrower, Administrative Agent shall notify each Lender, as applicable, Lender of the details of any automatic conversion to Base LIBOR Rate Loans described in the preceding subsection.
Appears in 1 contract
Samples: Credit Agreement (New England Realty Associates Limited Partnership)