Lender Elections. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such Incremental Facility, and, if so, in what amount. Any Lender not responding within such time period shall be deemed to have declined to participate in such Incremental Facility. No existing Lender shall be required to participate in any such Incremental Facility.
Appears in 2 contracts
Samples: Credit Agreement (Entravision Communications Corp), Credit Agreement (Entravision Communications Corp)
Lender Elections. Each Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such Incremental Facility, the requested Additional Term Facility and, if so, in what amountthe amount of such participation. Any Lender not responding within such time period shall be deemed to have declined to participate in such Incremental Facility. No existing Lender shall be required to participate in any such Incremental Additional Term Facility.
Appears in 2 contracts
Samples: Credit Agreement (Universal American Corp.), Credit Agreement (Universal American Financial Corp)
Lender Elections. Each applicable Lender shall notify the Administrative Agent within such time period whether or not it agrees to participate in such Incremental Facility, the requested Additional Term Facility and, if so, in what amountthe amount of such participation. Any applicable Lender not responding within such time period shall be deemed to have declined to participate in such Incremental Facility. No existing Lender shall be required to participate in any such Incremental Additional Term Facility.
Appears in 1 contract
Samples: Credit Agreement (Coinstar Inc)
