Common use of Determinations Under Section 3 Clause in Contracts

Determinations Under Section 3. 1. For purposes of determining satisfaction of the conditions set forth in Section 3.1, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless Administrative Agent shall have received notice from such Lender prior to the Restatement Effective Date, as notified by Borrower to the Lenders, specifying its objection thereto. Administrative Agent shall promptly notify the Lenders of the actual occurrence of the Restatement Effective Date.

Appears in 2 contracts

Samples: Credit Agreement (Bloom Energy Corp), Credit Agreement (Bloom Energy Corp)

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Determinations Under Section 3. 101. For purposes of determining satisfaction of compliance with the conditions set forth specified in Section 3.13.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Lender prior to the Restatement Effective Date, as notified by Borrower to the Lenders, Closing Date specifying its objection thereto. thereto and such Lender shall not have made available to the Administrative Agent shall promptly notify the Lenders such Lender's ratable portion of the actual occurrence of Borrowings made on the Restatement Effective Closing Date.

Appears in 2 contracts

Samples: Credit Agreement (Allied Waste Industries Inc), Credit Agreement (Adelphia Communications Corp)

Determinations Under Section 3. 1. For purposes of determining satisfaction of the conditions set forth in Section 3.1, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless Administrative Agent shall have received notice from such Lender prior to the Restatement Effective contemplated Closing Date, as notified by Borrower to the Lenders, specifying its objection thereto. Administrative Agent shall promptly notify the Lenders of the actual occurrence of the Restatement Effective Closing Date.

Appears in 1 contract

Samples: Credit Agreement (First Wind Holdings Inc.)

Determinations Under Section 3. 101. For purposes of determining satisfaction of compliance with the conditions set forth specified in Section 3.13.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless Administrative an officer of the Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender prior to the Restatement Effective Datedate that the Company, as notified by Borrower notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. Administrative Agent shall promptly notify the Lenders of the actual occurrence of the Restatement Effective Date.The

Appears in 1 contract

Samples: Credit Agreement (Coca Cola Enterprises Inc)

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Determinations Under Section 3. 101. For purposes of determining satisfaction of compliance with the conditions set forth specified in Section 3.13.01, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless an officer of the Letter of Credit Administrative Agent responsible for the transactions contemplated by this Agreement shall have received notice from such Lender prior to the Restatement Effective Datedate that the Company, as notified by Borrower notice to the Lenders, designates as the proposed Effective Date, specifying its objection thereto. Administrative Agent shall promptly notify the Lenders of the actual occurrence of the Restatement Effective Date.

Appears in 1 contract

Samples: Letter of Credit Issuance and Reimbursement Agreement (Perez Companc Sa)

Determinations Under Section 3. 1. For purposes of determining satisfaction of the conditions set forth in Section 3.1, each Lender shall be deemed to have consented to, approved or accepted or to be satisfied with each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to the Lenders unless Administrative Agent shall have received notice from such Lender prior to the Restatement Effective contemplated Closing Date, as notified by Borrower Borrowers to the Lenders, specifying its objection thereto. , Administrative Agent shall promptly notify the Lenders of the actual occurrence of the Restatement Effective Closing Date.

Appears in 1 contract

Samples: Credit Agreement (Renegy Holdings, Inc.)

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