Banks' Participation. 5.3.1 If the conditions set out in this Agreement have been met, each Bank shall make its participation in each Loan available by the Drawdown Date through its Facility Office.
5.3.2 The amount of each Bank's participation in each Loan will be equal to the proportion borne by its available and undrawn Commitment to the available and undrawn Facility immediately prior to making the Loan.
5.3.3 The Facility Agent shall determine the Base Currency Amount of each Loan which is to be made in the Optional Currency and shall notify each Bank of the amount, currency and Base Currency Amount of each Loan and the amount of its participation in that Loan, in each case by the Specified Time.
Banks' Participation. (a) Subject to Section 3.03(b) below, immediately upon and following the Issuance or amendment by the Issuing Bank of any Letter of Credit in accordance with the procedures set forth in Section 3.01, each Bank shall be deemed to have irrevocably and unconditionally purchased and received from the Issuing Bank, without recourse or warranty, an undivided interest and participation to the extent of such Bank's Pro Rata Share in the liability with respect to such Letter of Credit (including, without limitation, all obligations of the Company with respect thereto, other than amounts owing to the Issuing Bank consisting of Issuing Bank Fees) and any security therefor or guaranty pertaining thereto.
Banks' Participation. Notify Bank, at least thirty (30) days in advance, of any Plan testing that requires Bank’s participation
Banks' Participation. 14 2.4. Use of Proceeds...................................................................................14 2.5. Repayment.........................................................................................14 2.6. Interest..........................................................................................14 2.7. Advances.......................................................................................
Banks' Participation. Banks shall participate in the Loan in the Maximum Principal Amounts and percentages set forth in Schedule 2 attached hereto.
Banks' Participation. Notify Bank, at least [***] in advance of any test of the Business Continuity Plan in order that the Bank may, at the Bank’s option and expense attend that test. that requires Bank’s participation. Bank will have the option to decide upon the nature and extent of its participation, including, the opportunity to participate in the planning and scope of the test.
Banks' Participation. Banks shall be lenders in the Short Term Loan and the Three Year Loan in the Maximum Principal Amounts and Pro Rata Shares set forth in Schedule 1 attached hereto.
Banks' Participation. Notify Bank, at least [***] in advance of any test of the Business Continuity Plan in order that the Bank may, at the Bank’s option and expense attend that test. that requires Bank’s participation. Bank will have the option to decide upon the nature and extent of its participation, including, the opportunity to participate in the planning and scope of the test. The Service Provider agrees to [***] and [***] to ensure the security and integrity of Barclays Bank Delaware (“Bank”) confidential information in their control, and that it is maintained in a safe and secure manner. Service provider shall:
Banks' Participation. (a) If the conditions set out in this Agreement have been met, each Bank shall make its participation in each Loan available by the Utilisation Date through its Facility Office.
(b) The amount of each Bank’s participation in each Loan will be equal to the proportion borne by its Available Commitment to the Available Facility immediately prior to making the Loan.
(c) No Bank is obliged to participate in a Loan or Financial Guarantee if, as a result:
(i) its share in the Utilisations would exceed its Commitment;
(ii) the Loans and the aggregate amount of Financial Guarantees would exceed the Total Revolving Credit Limit; or
(iii) the Utilisations would exceed the Total Commitments.
(d) The Agent shall determine the Base Currency Amount of each Loan which is to be made in an Optional Currency and shall notify each Bank of the amount, currency and the Base Currency Amount of each Loan and the amount of its participation in that Loan, in each case by the Specified Time.
Banks' Participation. 42 3.04 Notice of Issuance............................................................................42 3.05 Payment of Amounts Drawn Under Letters of Credit..............................................43
