Common use of Information to Lenders Clause in Contracts

Information to Lenders. Promptly following any change in Letters of Credit outstanding, the applicable Issuing Bank shall provide to the Administrative Agent, which shall promptly provide the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect to such Letters of Credit that are the subject of such request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 9 contracts

Samples: Credit Agreement (NETSTREIT Corp.), Credit Agreement (NETSTREIT Corp.), Credit Agreement (NETSTREIT Corp.)

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Information to Lenders. Promptly following any change in Letters of Credit outstanding, the applicable Issuing Bank shall provide deliver to the Administrative Agent, which who shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent any Lender from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving such Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are the subject of such requestthen outstanding. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 6 contracts

Samples: Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust), Credit Agreement (Diversified Healthcare Trust)

Information to Lenders. Promptly following any change in Letters of Credit outstanding, the applicable Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent any Revolving Lender from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a such Revolving Lender through the Administrative Agent) with respect to such Letters each Letter of Credit then outstanding that are is the subject of such request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 5 contracts

Samples: Credit Agreement (American Homes 4 Rent, L.P.), Amendment No. 1 to Amended and Restated Credit Agreement (American Homes 4 Rent, L.P.), Credit Agreement (American Homes 4 Rent, L.P.)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable such Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are is the subject of such the request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 5 contracts

Samples: Credit Agreement (Elme Communities), Credit Agreement (Elme Communities), Credit Agreement (Washington Real Estate Investment Trust)

Information to Lenders. Promptly following any change in Letters of Credit outstanding, the applicable Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent Agent, any Revolving Lender or the Borrower from time to time, an the Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender or the Borrower through the Administrative Agent) with respect to such Letters each Letter of Credit that are the subject of such requestthen outstanding. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent Bank shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any the Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 3 contracts

Samples: Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.), Credit Agreement (United Homes Group, Inc.)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable such Issuing Bank shall provide deliver to the Administrative Agent, which who shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of any Revolving Lender (through the Administrative Agent Agent) from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving such Lender through the Administrative Agent) with respect to such Letters each Letter of Credit that are the subject of issued by such requestIssuing Bank then outstanding. Other than as set forth in this subsection, the an Issuing Banks and the Administrative Agent Bank shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any an Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 2 contracts

Samples: Credit Agreement (Rouse Properties, Inc.), Credit Agreement (Rouse Properties, Inc.)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable such Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent any Revolving Lender from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving such Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are is the subject of such the request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (jSection 2.4.(j).

Appears in 1 contract

Samples: Credit Agreement (CubeSmart, L.P.)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable such Issuing Bank shall provide to the Administrative Agent, which shall promptly provide the same to each Revolving Lender and the Company, and, with respect to any Letter of Credit issued for the account of any other Borrower, such Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are is the subject of such the request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 1 contract

Samples: Credit Agreement (Park Hotels & Resorts Inc.)

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Information to Lenders. Promptly following any change in Letters of Credit outstanding, the applicable Issuing Bank shall provide deliver to the Administrative Agent, which who shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of any Lender through the Administrative Agent from time to time, an Issuing Bank shall deliver any other information reasonably requested by such Lender with respect to each Letter of Credit issued by it then outstanding to the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect for delivery to such Letters of Credit that are the subject of such requestLender. Other than as set forth in this subsection, the neither any Issuing Banks and Bank nor the Administrative Agent shall have no any duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 1 contract

Samples: Credit Agreement (Select Income Reit)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable such Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent any Revolving Lender from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving such Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are is the subject of such the request. Other than ‌ ​ LEGAL02/42113124v8 ​ as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (jSection 2.4.(j).. ​

Appears in 1 contract

Samples: Credit Agreement (CubeSmart, L.P.)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable such Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent from time to time, an Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are is the subject of such the request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 1 contract

Samples: Credit Agreement (Washington Real Estate Investment Trust)

Information to Lenders. Promptly following any change in Letters of Credit outstanding, the applicable Issuing Bank shall provide to the Administrative Agent, which shall promptly provide the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such the Issuing Bank outstanding at such time. Upon the request of the Administrative Agent from time to time, an the Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect to such Letters of Credit that are the subject of such request. Other than as set forth in this subsection, the Issuing Banks Bank and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any the Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 1 contract

Samples: Credit Agreement (NETSTREIT Corp.)

Information to Lenders. Promptly following any change in Letters of Credit outstandingoutstanding issued by an Issuing Bank, the applicable Issuing Bank shall provide deliver to the Administrative Agent, which shall promptly provide deliver the same to each Revolving Lender and the Borrower, a notice describing the aggregate amount of all Letters of Credit issued by such Issuing Bank outstanding at such time. Upon the request of the Administrative Agent from time to time, an the applicable Issuing Bank shall deliver any other information reasonably requested by the Administrative Agent (or a Revolving Lender through the Administrative Agent) with respect to such Letters Letter of Credit that are is the subject of such the request. Other than as set forth in this subsection, the Issuing Banks and the Administrative Agent shall have no duty to notify the Lenders regarding the issuance or other matters regarding Letters of Credit issued hereunder. The failure of any Issuing Bank or the Administrative Agent to perform its requirements under this subsection shall not relieve any Revolving Lender from its obligations under the immediately preceding subsection (j).

Appears in 1 contract

Samples: Credit Agreement (Chesapeake Lodging Trust)

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