Common use of CLAIMS BY BANKS AND THE AGENT Clause in Contracts

CLAIMS BY BANKS AND THE AGENT. A Bank intending to make a claim pursuant to Clause 10.2 (Tax Indemnity) shall notify the Agent of the event giving rise to the claim, whereupon the Agent shall notify the Borrower thereof. If the Agent intends to make a claim pursuant to Clause 10.2 (Tax Indemnity) it shall notify the Borrower of the event giving rise to the claim.

Appears in 4 contracts

Samples: Credit Agreement (NTL Inc/De/), Credit Agreement (NTL Inc), Credit Agreement (NTL Delaware Inc)

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CLAIMS BY BANKS AND THE AGENT. A Bank intending to make a claim pursuant to Clause 10.2 11.2 (Tax Indemnity) shall notify the Agent of the event giving rise to the claim, whereupon the Agent shall notify the Borrower Relevant Obligor and the Borrowers thereof. If the Agent intends to make a claim pursuant to Clause 10.2 11.2 (Tax Indemnity) it shall notify the Borrower Relevant Obligor and the Borrowers of the event giving rise to the claim.

Appears in 2 contracts

Samples: Credit Agreement (NTL Delaware Inc), Credit Agreement (NTL Inc/De/)

CLAIMS BY BANKS AND THE AGENT. A Bank intending to make a claim pursuant to Clause 10.2 14.2 (Tax Indemnity) shall notify the Agent of the event giving rise to the claim, whereupon the Agent shall notify the Principal Borrower and the other Borrowers thereof. If the Agent intends to make a claim pursuant to Clause 10.2 14.2 (Tax Indemnity) it shall notify the Principal Borrower and the other Borrowers of the event giving rise to the claim.

Appears in 1 contract

Samples: Credit Agreement (NTL Inc/De/)

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CLAIMS BY BANKS AND THE AGENT. A Bank intending to make a claim pursuant to Clause 10.2 15.2 (Tax Indemnity) shall notify the Agent of the event giving rise to the claim, whereupon the Agent shall notify the Borrower Relevant Obligor and the Borrowers thereof. If the Agent intends to make a claim pursuant to Clause 10.2 15.2 (Tax Indemnity) it shall notify the Borrower Relevant Obligor and the Borrowers of the event giving rise to the claim.

Appears in 1 contract

Samples: Credit Agreement (NTL Inc/De/)

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