Common use of Notice to the Lenders Clause in Contracts

Notice to the Lenders. Upon receipt by the Administrative Agent from the Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately inform the other Lenders in writing (which shall include telegraphic communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 25 contracts

Samples: Competitive Advance and Revolving Credit Agreement (PHH Corp), Competitive Advance and Revolving Credit Agreement (PHH Corp), Revolving Credit Agreement (Cendant Corp)

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Notice to the Lenders. Upon receipt by the Administrative Agent from the Borrower or any Subsidiary Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately inform the other Lenders (including any Issuing Lender) in writing (which shall include telegraphic communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 8 contracts

Samples: Credit Agreement (Wyndham Worldwide Corp), Credit Agreement (Wyndham Worldwide Corp), Credit Agreement (Wyndham Worldwide Corp)

Notice to the Lenders. Upon receipt by the Administrative Agent or the Issuing Bank from any of the Borrower Credit Parties of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent or the Issuing Bank will in turn immediately inform the other Lenders in writing (which shall include telegraphic facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 5 contracts

Samples: Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/), Credit, Security, Guaranty and Pledge Agreement (First Look Studios Inc), Guaranty and Pledge Agreement (Lions Gate Entertainment Corp /Cn/)

Notice to the Lenders. Upon receipt by the Administrative Agent from any of the Borrower Credit Parties of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately inform the other Lenders in writing (which shall include telegraphic facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 5 contracts

Samples: Credit, Security, Guaranty and Pledge Agreement (Idt Corp), Credit, Security, Guaranty and Pledge Agreement (Idt Corp), Credit, Security, Guaranty and Pledge Agreement (RHI Entertainment, Inc.)

Notice to the Lenders. Upon receipt by the Administrative Agent from the Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately inform the other Lenders in writing (which shall include telegraphic electronic communications, if arrangements for doing so have been approved by the applicable Lender) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 2 contracts

Samples: Credit Agreement (Wyndham Worldwide Corp), Credit Agreement (Wyndham Worldwide Corp)

Notice to the Lenders. Upon receipt by the Administrative Agent from the Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately inform the other Lenders in writing (which shall include telegraphic facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (RHI Entertainment, Inc.)

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Notice to the Lenders. Upon receipt by the Administrative Agent from the Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately inform the other Lenders (including any Issuing Lender) in writing (which shall include telegraphic communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 1 contract

Samples: Credit Agreement (Cendant Corp)

Notice to the Lenders. Upon receipt by the Administrative Agent or the Fronting Bank from any of the Borrower Credit Parties of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent or the Fronting Bank will in turn immediately inform the other Lenders in writing (which shall include telegraphic facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 1 contract

Samples: And Pledge Agreement (Trimark Holdings Inc)

Notice to the Lenders. Upon receipt by the Administrative Agent from the Borrower of any communication calling for an action on the part of the Lenders, or upon notice to the Administrative Agent of any Event of Default, the Administrative Agent will in turn immediately promptly inform the other Lenders in writing (which shall include telegraphic facsimile communications) of the nature of such communication or of the Event of Default, as the case may be.

Appears in 1 contract

Samples: Fiber Exchange Agreement (General Communication Inc)

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