Common use of Notification of Demand for Payment Clause in Contracts

Notification of Demand for Payment. The Issuing Lender shall promptly notify the Agent, who shall in turn promptly notify the Borrower and each Lender of the amount of each demand for payment under a Letter of Credit and of the date on which such payment is to be made.

Appears in 1 contract

Samples: Pledge Agreement (Einstein Noah Bagel Corp)

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Notification of Demand for Payment. The Issuing Lender Agent shall promptly notify the Agent, who shall in turn promptly ---------------------------------- notify the Borrower and each Lender of the amount of each demand for payment under a Letter of Credit and of the date on which such payment is to be made.

Appears in 1 contract

Samples: Credit Agreement (Career Education Corp)

Notification of Demand for Payment. The Issuing Lender shall promptly notify the Agent, who shall in turn promptly notify the Borrower and each Lender Lender, of the amount of each demand for payment under a Letter of Credit and of the date on which such payment is to be made.

Appears in 1 contract

Samples: Intercreditor Agreement (Boston Chicken Inc)

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Notification of Demand for Payment. The Issuing Lender shall ---------------------------------- promptly notify the Agent, Agent (who shall in turn promptly notify the Borrower and each Lender Lender) of the amount of each demand for payment under a Letter of Credit and of the date on which such payment is to be made.

Appears in 1 contract

Samples: Credit Agreement (Nova Corp \Ga\)

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