Funding of Term 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.
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Samples: Term Loan Agreement (American Equity Investment Life Holding Co), Term Loan Agreement (Brighthouse Financial, Inc.), Assignment and Assumption (AXA Equitable Holdings, Inc.)
Funding of Term Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the applicable Class 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.
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