Common use of Notification by the Administrative Agent Clause in Contracts

Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower of each Bank’s determination under this Section not later than the date 30 days prior to the Commitment Termination Date (or such later date as the Administrative Agent and the Borrower agree to in their sole discretion) or, if such date is not a Business Day, on the next preceding Business Day.

Appears in 3 contracts

Samples: Day Credit Agreement (American Honda Finance Corp), Day Credit Agreement (American Honda Finance Corp), Credit Agreement (American Honda Finance Corp)

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Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower of each Bank’s determination under this Section not later than the date 30 days prior to the Commitment Termination Date applicable Loan Anniversary (or such later date as the Administrative Agent and the Borrower agree to in their sole discretion) or, if such date is not a Business Day, on the next preceding Business Day.

Appears in 2 contracts

Samples: Year Credit Agreement (American Honda Finance Corp), Credit Agreement (American Honda Finance Corp)

Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower of each Bank’s determination under this Section not no later than the date 30 days prior to the Commitment Termination Date applicable Loan Anniversary (or such later date as the Administrative Agent and the Borrower agree to in their sole discretion) or, if such date is not a Business Day, on the next preceding Business Day.

Appears in 2 contracts

Samples: Credit Agreement (American Honda Finance Corp), Credit Agreement (American Honda Finance Corp)

Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower and the Banks of each Bank’s determination under this Section the Banks’ responses not later than the date 30 days prior to the Commitment Termination Date (or such later date as after receipt by the Administrative Agent and of the Borrower agree to in their sole discretion) Borrower’s notice of such extension request (or, if such date is not a Business Day, on the next preceding Business Day).

Appears in 2 contracts

Samples: Day Credit Agreement (American Honda Finance Corp), Credit Agreement (American Honda Finance Corp)

Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower of each Bank’s 's determination under this Section not later than the date 30 days prior to the Commitment Termination Date applicable Loan Anniversary (or such later date as the Administrative Agent and the Borrower agree to in their sole discretion) or, if such date is not a Business Day, on the next preceding Business Day.

Appears in 2 contracts

Samples: Credit Agreement (American Honda Finance Corp), Five Year Credit Agreement (American Honda Finance Corp)

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Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower of each Bank’s determination under this Section not later than the date 30 days prior to the Commitment Termination Date (or such later date as the Administrative Agent and the Borrower agree to in their sole discretion) or, if such date is not a Business Day, on the next preceding Business Day.

Appears in 1 contract

Samples: Day Credit Agreement (American Honda Finance Corp)

Notification by the Administrative Agent. The Administrative Agent shall notify the Borrower of each Bank’s 's determination under this Section not later than the date 30 days prior to the Commitment Termination Date (or such later date as the Administrative Agent and the Borrower agree to in their sole discretion) or, if such date is not a Business Day, on the next preceding Business Day.

Appears in 1 contract

Samples: 364 Day Credit Agreement (American Honda Finance Corp)

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