Common use of Notice; Manner of Payment Clause in Contracts

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: Assignment and Assumption (Oncor Electric Delivery Co LLC), Assignment and Assumption (Oncor Electric Delivery Co LLC)

AutoNDA by SimpleDocs

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

Samples: Term Loan Credit Agreement (Citrix Systems Inc)

Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clauses (i) or through and including (iiv) 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. All such mandatory prepayments of the Term Loans shall be applied to the remaining scheduled amortization payments in direct order of maturity.

Appears in 1 contract

Samples: Credit Agreement (Kronos Worldwide Inc)

AutoNDA by SimpleDocs

Notice; Manner of Payment. Upon the occurrence of any event triggering the prepayment requirement under clauses (i) or through and including (iiv) 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.. The prepayments shall be applied in the following manner:

Appears in 1 contract

Samples: Credit Agreement (Federal Signal Corp /De/)

Time is Money Join Law Insider Premium to draft better contracts faster.