Common use of Funding of Loans Clause in Contracts

Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank’s share of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Company.

Appears in 8 contracts

Samples: Revolving Credit Agreement (Equitable Holdings, Inc.), Assignment and Assumption (Jackson Financial Inc.), Assignment and Assumption (Equitable Holdings, Inc.)

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Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank’s share of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Companyapplicable Account Party.

Appears in 4 contracts

Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp)

Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank’s 's share of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Companyapplicable Account Party.

Appears in 4 contracts

Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp), Assignment and Assumption (Lincoln National Corp)

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Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank’s 's share of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Company.

Appears in 2 contracts

Samples: Credit Agreement (Lincoln National Corp), Credit Agreement (Lincoln National Corp)

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