Common use of Assumptions Regarding Funding by Lenders Clause in Contracts

Assumptions Regarding Funding by Lenders. With respect to Revolving Loans to be made after the Effective Date, unless the Administrative Agent shall have been notified by any Lender that such Lender will not make available to the Administrative Agent a Revolving Loan to be made by such Lender in connection with any borrowing, the Administrative Agent may assume that such Lender will make the proceeds of such Revolving Loan available to the Administrative Agent in accordance with

Appears in 1 contract

Samples: Credit Agreement (Senior Housing Properties Trust)

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Assumptions Regarding Funding by Lenders. With respect to Revolving Loans advances to be made after the Effective Date, unless the Administrative Agent shall have been notified by any Lender that such Lender will not make available to the Administrative Agent a Revolving Loan an advance to be made by such Lender in connection with any borrowingLender, the Administrative Agent may assume that such Lender will make the proceeds of such Revolving Loan advance available to the Administrative Agent in accordance withwith this Section and the Administrative Agent may (but shall not be obligated to), in reliance upon such assumption, make available to the Borrower the amount of such advance to be provided by such Lender.

Appears in 1 contract

Samples: Revolving Loan Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

Assumptions Regarding Funding by Lenders. With respect to Revolving Loans to be made after the Effective Date, unless the Administrative Agent shall have been notified by any Lender that such Lender will not make available to the Administrative Agent a Revolving Loan to be made by such Lender in connection with any borrowing, the Administrative Agent may assume that such Lender will make the proceeds of such Revolving Loan available to the Administrative Agent in accordance withwith this Section, and the Administrative Agent may (but shall not be obligated to), in reliance upon such assumption, make available to the Borrower the amount of such Revolving Loan to be provided by such

Appears in 1 contract

Samples: Credit Agreement (Hospitality Properties Trust)

Assumptions Regarding Funding by Lenders. With respect to Revolving Loans to be made after the Effective Date, unless the Administrative Agent shall have been notified by any Lender that such Lender will not make available to the Administrative Agent a Revolving Loan to be made by such Lender in connection with any borrowing, the Administrative Agent may assume that such Lender will make the proceeds of such Revolving Loan available to the Administrative Agent in accordance withwith this Section, and the Administrative Agent may (but shall not be obligated to), in reliance upon such

Appears in 1 contract

Samples: Credit Agreement (Federal Realty Investment Trust)

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Assumptions Regarding Funding by Lenders. With respect to Revolving Loans to be made after the Effective Date, unless Unless the Administrative Agent shall have been notified by any Lender prior to the date of Borrowing that such Lender will does not intend to make available to the Administrative Agent a Revolving Loan such Lender’s portion of any Borrowing to be made by on such Lender in connection with any borrowingdate, the Administrative Agent may assume that such Lender will make the proceeds of has made such Revolving Loan amount available to the Administrative Agent on such date of Borrowing and the Administrative Agent may (but shall not be obligated to), in accordance withreliance upon such assumption, make available to the Borrower a corresponding amount.

Appears in 1 contract

Samples: Credit Agreement (Infousa Inc)

Assumptions Regarding Funding by Lenders. With respect to Revolving Loans to be made after the Effective Date, unless the Administrative Agent shall have been notified by any Lender that such Lender will not make available to the Administrative Agent a Revolving Loan to be made by such Lender in connection with any borrowingLender, the Administrative Agent may assume that such Lender will make the proceeds of such Revolving Loan available to the Administrative Agent in accordance withwith this Section and Administrative Agent may (but shall not be obligated to), in reliance upon such assumption, make available to Borrowers the amount of such Revolving Loan to be provided by such Lender. Credit Agreement 21

Appears in 1 contract

Samples: Credit Agreement (Innkeepers Usa Trust/Fl)

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