Lender Elections. Each Lender shall notify the Administrative Agent within the time period specified in Section 2.14(a) whether or not it agrees to provide any Incremental Loan Commitment (which decision shall be made in the sole discretion of each Lender) and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage of such requested Incremental Loan Commitments. Any Lender not responding within such time period shall be deemed to have declined to provide any of the requested Incremental Loan Commitments. Each prospective lender shall notify the Administrative Agent within such time period whether or not it agrees to provide any portion of the requested Incremental Loan Commitments and, if so, in what amount. Any prospective lender not responding within such time period shall be deemed to have declined to provide any portion of the requested Incremental Loan Commitments.
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Samples: Credit Agreement (Ansys Inc), Credit Agreement (Ansys Inc)
Lender Elections. Each Lender shall notify the Administrative Agent within the such time period specified in Section 2.14(a) whether or not it agrees to provide any a portion of the Incremental Loan Commitment (which decision shall be made in the sole discretion of each Lender) Term Facility and/or Incremental Revolving Commitments and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage Pro Rata Share of such requested Incremental Loan Term Facility and/or Incremental Revolving Commitments. Any Lender not responding within such time period shall be deemed to have declined to provide any a portion of the requested Incremental Loan Term Facility and/or Incremental Revolving Commitments, as applicable. Each prospective lender shall notify the Administrative Agent within such time period whether or not it agrees to provide fund any portion of the requested Incremental Loan Term Facility or Incremental Revolving Commitments and, if so, in by what amount. Any prospective lender not responding within such time period shall be deemed to have declined to provide fund any portion of the requested Incremental Loan Term Facility or Incremental Revolving Commitments, as applicable.
Appears in 2 contracts
Samples: Assignment and Assumption (Cousins Properties Inc), Assignment and Assumption (Cousins Properties Inc)
Lender Elections. Each Lender shall notify the Administrative Agent within the such time period specified in Section 2.14(a) whether or not it agrees to provide any a portion of the Incremental Loan Commitment (which decision shall be made in the sole discretion of each Lender) Term Facility and/or Incremental Revolving Commitments and, if so, whether by an amount equal to, greater than, or less than its Applicable Percentage Pro Rata Share of such requested Incremental Loan Term Facility and/or Incremental Revolving Commitments. Any Lender not responding within such time period shall be deemed to have declined to provide any a portion of the requested Incremental Loan Term Facility and/or Incremental Revolving Commitments, as applicable. Each prospective lender shall notify the Administrative Agent within such time period whether or not it agrees to provide fund any portion of the requested Incremental Loan Term Facility or Incremental Revolving Commitments and, if so, in by what amount. Any prospective lender not responding within such time period shall be deemed to have declined to provide fund any portion of the requested Incremental Loan Term Facility or Incremental Revolving Commitments., as applicable. 45 4887-6582-6072 v.11
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