Common use of Lender enquiry Clause in Contracts

Lender enquiry. If any Lender believes that any entity is, or may be, a Lender and: (a) that entity ceases to have an Investment Grade Rating; or (b) an Insolvency Event occurs in relation to that entity, the Agent shall, at the request of that Lender, indicate to that Lender the extent to which that entity has a Commitment.

Appears in 7 contracts

Samples: Senior Facilities Agreement (OpSec Holdings), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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Lender enquiry. If any Lender believes that any entity is, or may be, a Lender andand if: (a) that entity ceases to have an Investment Grade Rating; or (b) an Insolvency Event occurs in relation to that entity, the Agent shall, at the request of that Lender, indicate to that Lender the extent to which that entity has a Commitment.

Appears in 1 contract

Samples: Syndication and Amendment Agreement (Igate Corp)

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