Common use of Notification by Administrative Agent Clause in Contracts

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that is five (5) Business Days after the Lender Decision Date.

Appears in 8 contracts

Sources: Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp), Credit Agreement (New Jersey Resources Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof andpromptly, but in any event, no event later than the date that is five two (52) Business Days after the Lender Decision Notice Date. Upon receipt of the responses of the applicable Lenders, the Administrative Agent and the Borrower shall determine the date upon which the relevant extension, if applicable, shall be effective (the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than 10 days after the Notice Date.

Appears in 7 contracts

Sources: Credit Agreement (Richardson Electronics, Ltd.), Revolving Credit Agreement (Nextracker Inc.), Revolving Credit Facility Credit Agreement (Appfolio Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, 3.6 with respect to each specified credit facility no later than the date that is five (5) Business Days 45 days after the Lender Decision Datedate of the Borrower’s notice to the Administrative Agent (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 5 contracts

Sources: Fifth Agreement Regarding Consents and Amendments (CatchMark Timber Trust, Inc.), Term a 4 Loan Credit Facility (CatchMark Timber Trust, Inc.), Credit Agreement (CatchMark Timber Trust, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and5.16 promptly, but in any event, no event later than the date that is five two (52) Business Days after the Lender Decision Notice Date. Upon receipt of the responses of the applicable Lenders, the Administrative Agent and the Borrower shall determine the date upon which the relevant extension, if applicable, shall be effective (the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than ten (10) days after the Notice Date.

Appears in 5 contracts

Sources: Credit Agreement (Cadre Holdings, Inc.), Incremental Facility Amendment to Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, and in any event, event no later than the date that is five fifteen (515) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 4 contracts

Sources: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Great Plains Energy Inc), Credit Agreement (Great Plains Energy Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that is five (5) Business Days days after the Lender Decision DateResponse Deadline (or, if such date is not a Business Day, on the next Business Day).

Appears in 4 contracts

Sources: Credit Agreement (Unifirst Corp), Credit Agreement (Unifirst Corp), Credit Agreement (Unifirst Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowers of each Lender’s determination under this Section 2.12 2.17 promptly after the Administrative Agent’s receipt thereof and, and in any event, event no later than the date that is five fifteen (515) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 3 contracts

Sources: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement (Connecticut Light & Power Co), Credit Agreement (Connecticut Light & Power Co)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 2.17 promptly after the Administrative Agent’s receipt thereof and, and in any event, event no later than the date that is five fifteen (515) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 3 contracts

Sources: Credit Agreement (Public Service Co of New Hampshire), Credit Agreement (Connecticut Light & Power Co), Credit Agreement (Connecticut Light & Power Co)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowers of each Lender’s determination under this Section 2.12 2.22 promptly after the Administrative Agent’s receipt thereof and, in any event, by no later than the date that is five seventeen (517) Business Days calendar days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 2 contracts

Sources: Credit Agreement (Protective Life Insurance Co), Credit Agreement (Protective Life Insurance Co)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowers of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that is five (5) days following the Notice Date (or, if such date is not a Business Days after Day, on the Lender Decision Datenext preceding Business Day).

Appears in 2 contracts

Sources: Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, 2.7 no later than the date that is five (5) Business Days 5 days after the Lender Decision DateExtension Deadline (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 2 contracts

Sources: Credit Agreement (Owens Corning), Credit Agreement (Owens Corning)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Co-Borrowers of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, 2.18 no later than the date that is five (5) 2 Business Days after the Lender Decision applicable Notice Date.

Appears in 2 contracts

Sources: Credit Agreement (Premier, Inc.), Credit Agreement (Premier, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 2.16 promptly after the Administrative Agent’s receipt thereof and, in any event, by no later than the date that is five fifteen (515) Business Days calendar days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 2 contracts

Sources: Credit Agreement (Connecticut Light & Power Co), Credit Agreement (Connecticut Light & Power Co)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that is twenty-five (525) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 1 contract

Sources: Credit Agreement (Triquint Semiconductor Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that is five seven (57) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next succeeding Business Day).

Appears in 1 contract

Sources: Senior Credit Agreement (Unit Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that 60 days prior to the Existing Commitment Termination Date (or, if such date is five (5) not a Business Days after Day, on the Lender Decision Datenext preceding Business Day).

Appears in 1 contract

Sources: Credit Agreement (Hanover Insurance Group, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and5.16 promptly, but in any event, no event later than the date that is five two (52) Business Days after the Lender Decision Notice Date.. Upon receipt of the responses of the applicable Lenders, the Administrative Agent and the Borrower shall determine the date upon which the relevant extension, if applicable, shall be effective (the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than ten (10) days after the Notice Date. ​ ​

Appears in 1 contract

Sources: Credit Agreement (Cadre Holdings, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof (and, in any event, no later not more than the date that is five (5) two Business Days after the Lender Decision applicable Notice Date).

Appears in 1 contract

Sources: Credit Agreement (CoreCivic, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, 2.14 no later than the date that is five (5) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Wci Communities Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s 's determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, 2.14 no later than the date that is five (5) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 1 contract

Sources: Senior Unsecured Revolving Credit Agreement (Wci Communities Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that 5 days following the Notice Date (or, if such date is five (5) not a Business Days after Day, on the Lender Decision Datenext preceding Business Day).

Appears in 1 contract

Sources: Second Lien Credit Agreement (Mitel Networks Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowers of each Lender’s determination under this Section 2.12 2.19 promptly after the Administrative Agent’s receipt thereof and, and in any event, event no later than the date that is five fifteen (515) Business Days days after the Lender Decision DateNotice Date (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 1 contract

Sources: Syndicated Facility Agreement (Genuine Parts Co)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower AGCO of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that is five (5) 5 Business Days after the Lender Decision DateDate (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 1 contract

Sources: Credit Agreement (Agco Corp /De)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that 60 days following the Notice Date (or, if such date is five (5) not a Business Days after Day, on the Lender Decision Datenext preceding Business Day).

Appears in 1 contract

Sources: Credit Agreement (Continental Resources Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowers of each Lender’s determination under this Section 2.12 promptly after the Administrative Agent’s receipt thereof and, in any event, no later than the date that 5 days following the Notice Date (or, if such date is five (5) not a Business Days after Day, on the Lender Decision Datenext preceding Business Day).

Appears in 1 contract

Sources: First Lien Credit Agreement (Mitel Networks Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower AGCO of each Lender’s 's determination under this Section 2.12 promptly after the Administrative Agent’s 's receipt thereof and, in any event, no later than the date that is five (5) 5 Business Days after the Lender Decision DateDate (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 1 contract

Sources: Credit Agreement (Agco Corp /De)