Common use of Notice of Advance Clause in Contracts

Notice of Advance. The Administrative Agent shall have received a Notice of Advance in accordance with Section 2.1(a), if applicable, and a Notice of Term Loan in accordance with Section 2.1(b) with respect to the Borrowing on the Effective Date provided, that such Notice of Advance and Notice of Term Loan shall be delivered not later than one (1) Business Days prior to the Effective Date. Each Lender, by delivering its signature page to this Agreement, shall be deemed to have acknowledged receipt of, and consented to and approved, each Loan Document and each other document, agreement and/or instrument required to be approved by such Lender on the Effective Date, and its acknowledgment that each of the conditions set forth above has been satisfied to its satisfaction.

Appears in 4 contracts

Samples: Credit and Guaranty Agreement (RadNet, Inc.), First Lien Credit and Guaranty Agreement (RadNet, Inc.), First Lien Credit and Guaranty Agreement (RadNet, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!