Common use of Notice to Each Lender Clause in Contracts

Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and prompt notice of the applicable Interest Period. Each Lender shall, before 2:00 p.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Annex IV, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and 3.2 and (ii) any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower in immediately available funds on the date of the proposed Borrowing to the account specified by the Borrower in the Notice of Borrowing delivered in respect of such proposed Borrowing.

Appears in 3 contracts

Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)

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Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and and, if LIBOR Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable Interest Period. Each Lender shall, before 2:00 p.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Annex IV, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and 3.2 and (ii) any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower in immediately available funds on the date of the proposed Borrowing to the account specified by the Borrower in the Notice of Borrowing delivered in respect of such proposed Borrowing.

Appears in 2 contracts

Samples: Credit Agreement (Hill International, Inc.), Credit Agreement (Hill International, Inc.)

Notice to Each Lender. The Administrative Agent shall give to each Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and and, if Term SOFR Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable Interest Period. Each Lender shall, before 2:00 p.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Annex IV, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and 3.2 and (ii) any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower in immediately available funds on the date of the proposed Borrowing to the account specified by the Borrower in the Notice of Borrowing delivered in respect of such proposed Borrowing.

Appears in 1 contract

Samples: Credit Agreement (Hill International, Inc.)

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Notice to Each Lender. The Administrative Agent shall give to each applicable Lender prompt notice of the Administrative Agent’s receipt of a Notice of Borrowing and in respect of a tranche in which it participates and, if LIBOR Rate Loans are properly requested in such Notice of Borrowing, prompt notice of the applicable Interest Periodinterest rate. Each such Lender shall, before 2:00 1:00 p.m. on the date of the proposed Borrowing, make available to the Administrative Agent at its address referred to in Annex IVSection 11.11, such Lender’s Pro Rata Share of such proposed Borrowing. Upon fulfillment or due waiver (i) on the Closing Date, of the applicable conditions set forth in Section 3.1 and 3.2 and (ii) on the Closing Date and any time thereafter, of the applicable conditions set forth in Section 3.2, the Administrative Agent shall make such funds available to the Borrower in immediately available funds on the date of the proposed Borrowing to the account specified by the Borrower in the Notice of Borrowing delivered in respect of such proposed BorrowingBorrower.

Appears in 1 contract

Samples: Credit Agreement (Genesis Healthcare, Inc.)

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