Common use of Notice of receipt of each Funding Clause in Contracts

Notice of receipt of each Funding. Notice in respect of each Loan, together with the amount of each Lender’s Commitment Percentage, respectively, shall be provided by the Administrative Agent to each applicable Lender by telefacsimile with reasonable promptness, but (provided the Administrative Agent shall have received such notice by 1:00 p.m.) not later than 4:00 p.m. on the same day as the Administrative Agent’s receipt of such notice from the Borrowers.

Appears in 2 contracts

Samples: Debt Agreement (International Shipholding Corp), Credit Agreement

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Notice of receipt of each Funding. Notice in respect of each Revolving Loan, together with the amount of each Revolving Lender’s Revolving Commitment PercentagePercentage thereof, respectively, if any, together with the applicable interest rate, shall be provided by the Administrative Agent to each applicable Revolving Lender by telefacsimile with reasonable promptness, but (provided the Administrative Agent shall have received such notice by 1:00 p.m.) not later than 4:00 p.m. on the same day as the Administrative Agent’s receipt of such notice from the BorrowersBorrower.

Appears in 2 contracts

Samples: Credit Agreement (Physicians Realty Trust), Credit Agreement (Physicians Realty Trust)

Notice of receipt of each Funding. Notice in respect of each Revolving Loan or Term Loan, together with the amount of each Lender’s Revolving Commitment PercentagePercentage or Term Loan Commitment Percentage thereof, respectively, if any, together with the applicable interest rate, shall be provided by the Administrative Agent to each applicable Lender by telefacsimile with reasonable promptness, but (provided the Administrative Agent shall have received such notice by 1:00 p.m.) not later than 4:00 p.m. on the same day as the Administrative Agent’s receipt of such notice from the BorrowersBorrower.

Appears in 1 contract

Samples: Credit Agreement (Heritage Insurance Holdings, Inc.)

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Notice of receipt of each Funding. Notice in respect of each Revolving Loan or Term Loan, together with the amount of each Lender’s Revolving Commitment PercentagePercentage or Term Loan Commitment Percentage thereof, respectively, if any, together with the applicable interest rate, shall be provided by the Administrative Agent to each applicable Lender by telefacsimile with reasonable promptness, but (provided the Administrative Agent shall have received such notice by 1:00 p.m.) not later than 4:00 p.m. on the same day as the Administrative Agent’s receipt of such notice from the Borrowersapplicable Borrower.

Appears in 1 contract

Samples: Credit Agreement (Heckmann CORP)

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