Common use of Determinations Under Section 3 Clause in Contracts

Determinations Under Section 3. 01. For purposes of determining compliance with the conditions specified in Section 3.01, each Bank 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 Banks unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Bank prior to the Effective Date specifying its objection thereto, provided that such Bank has been given at least one Business Day's notice that the final form of such document or matter is available for its review.

Appears in 1 contract

Samples: Reimbursement Agreement (Ace LTD)

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Determinations Under Section 3. 01. For purposes of determining compliance with the conditions specified in Section 3.01, each Bank 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 Banks unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents this Agreement shall have received notice from such Bank prior to the Effective Date Closing Date, specifying its objection thereto, provided that such Bank has been given at least one Business Day's notice that the final form of such document or matter is available for its review.

Appears in 1 contract

Samples: Day Credit Agreement (Liberty Corp)

Determinations Under Section 3. 01. For purposes of determining compliance with the conditions specified in Section 3.01, each Bank 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 Banks unless an officer of the U.S. Administrative Agent responsible for the transactions contemplated by the Loan Documents this Agreement shall have received notice from such Bank prior to the Effective Date initial Advance or Drawing specifying its objection thereto, provided that thereto and such Bank has been given at least one Business Day's notice that the final form of such document or matter is available for its review.Bank

Appears in 1 contract

Samples: Credit Agreement (Battle Mountain Gold Co)

Determinations Under Section 3. 01. For purposes of determining compliance with the conditions specified in Section 3.01, each Bank 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 Banks unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Bank prior to the Effective Date Initial Extension of Credit specifying its objection thereto, provided that such Bank has been given at least one Business Day's notice that the final form of such document or matter is available for its review.

Appears in 1 contract

Samples: Reimbursement Agreement (Ace LTD)

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Determinations Under Section 3. 01. For purposes of determining compliance with the conditions specified in Section 3.01, each Bank and the Issuing Bank 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 Banks unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents this Agreement shall have received notice from such Bank or the Issuing Bank prior to the Effective Date Closing Date, specifying its objection thereto, provided that such Bank has been given at least one Business Day's notice that the final form of such document or matter is available for its review.

Appears in 1 contract

Samples: Credit Agreement (Darden Restaurants Inc)

Determinations Under Section 3. 01. For purposes of --------------------------------- determining compliance with the conditions specified in Section 3.01, each Bank 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 Banks unless an officer of the Administrative Agent responsible for the transactions contemplated by the Loan Documents shall have received notice from such Bank prior to the Effective Date specifying its objection thereto, provided that such Bank has been given at -------- least one Business Day's notice that the final form of such document or matter is available for its review.

Appears in 1 contract

Samples: Reimbursement Agreement (Ace LTD)

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