Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clauses (i) or (ii) above, the Borrower shall promptly deliver a Prepayment Notice to the Agent and upon receipt of such notice, the Agent shall promptly so notify the Lenders.
Appears in 2 contracts
Samples: Term Loan Credit Agreement (Oncor Electric Delivery Co LLC), Term Loan Credit Agreement (Oncor Electric Delivery Co LLC)
Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clauses (i) or through and including (iiiv) above, the Borrower shall promptly deliver a Notice of Prepayment Notice to the Administrative Agent and upon receipt of such notice, the Administrative Agent shall promptly so notify the Lenders. Each prepayment of the Loans under this Section 2.4(b) shall be applied on a pro rata basis with respect to Loans of all Lenders.
Appears in 2 contracts
Samples: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure CO LLC)
Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clauses (i) or (ii) above, the Borrower shall promptly deliver a Notice of Loan Prepayment Notice to the Agent and upon receipt of such notice, the Administrative Agent shall promptly so notify the Lenders.
Appears in 1 contract
