Common use of Deadline for Participating Lenders to offer increase Clause in Contracts

Deadline for Participating Lenders to offer increase. Each Participating Lender under the Accordion Facility Proposal shall notify the Corporate Guarantor and the Facility Agent of its offer of an increased proposed Accordion Facility Commitment (if any) pursuant to paragraph (f) above no later than 5:00 p.m. on the day falling 10 Business Days after the last day of the Accordion Facility Solicitation Period relating to the Accordion Facility Proposal.

Appears in 3 contracts

Samples: Loan Agreement (Ardmore Shipping Corp), Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

AutoNDA by SimpleDocs

Deadline for Participating Lenders to offer increase. Each Participating Lender under the Accordion an Incremental Facility Proposal shall notify the Corporate Guarantor Company and the Facility Agent of its offer of an increased proposed Accordion Incremental Facility Commitment (if any) pursuant to paragraph (f) above no later than 5:00 p.m. on the day falling 10 5 Business Days after the last day of the Accordion Incremental Facility Solicitation Period relating to the Accordion that Incremental Facility Proposal.

Appears in 2 contracts

Samples: Senior Facilities Agreement (OpSec Holdings), Senior Facilities Agreement

AutoNDA by SimpleDocs

Deadline for Participating Lenders to offer increase. Each Participating Lender under the an Accordion Facility Proposal shall notify the Corporate Guarantor Company and the Facility Agent of its offer of an increased proposed Accordion Facility Commitment (if any) pursuant to paragraph (f) clause 9.7 above no later than 5:00 p.m. on the day falling 10 Business Days after the last day of the Accordion Facility Solicitation Period relating to the that Accordion Facility Proposal.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!