Common use of Funding Indemnity Letter Clause in Contracts

Funding Indemnity Letter. If applicable, the Administrative Agent shall have received a funding indemnity letter, in form and substance satisfactory to the Administrative Agent, with respect to the LIBOR Rate Loans to be made on the Closing Date. Without limiting the generality of the provisions of the last paragraph of Section 10.3, for purposes of determining compliance with the conditions specified in this Section 5.1, the Administrative Agent and each Lender that has signed this Agreement 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 a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto.

Funding Indemnity Letter. If applicable, the The Administrative Agent shall have received a funding indemnity letter, in form and substance satisfactory to the Administrative Agent, with respect to the LIBOR Rate Loans to be made on the Closing Date. Without limiting the generality of the provisions of the last paragraph of Section 10.3, for purposes of determining compliance with the conditions specified in this Section 5.1, the Administrative Agent and each Lender that has signed this Agreement 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 a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto.

Funding Indemnity Letter. If applicable, the Administrative Agent shall have received a funding indemnity letter, in form and substance satisfactory to the Administrative Agent, with respect to the LIBOR Rate SOFR Loans to be made on the Closing Date. Without limiting the generality of the provisions of the last paragraph of Section 10.3, for purposes of determining compliance with the conditions specified in this Section 5.1, the Administrative Agent and each Lender that has signed this Agreement 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 a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto.