Notification of Lenders - Notice of Drawdown. Upon receiving a Notice of Drawdown in compliance with the notice requirements contained in Section 2.4, the Agent shall promptly notify each Lender of: (i) the particulars of the proposed Drawdown, including the Lender’s Pro Rata Share and the type of Accommodation to be made available by each Lender on the Drawdown Date; (ii) the appropriate Designated Account to which each Advance is to be credited; and (iii) the Drawdown Date. In the case of Advances by way of Bankers’ Acceptances, the Agent shall deliver to the Lenders and the Borrower the notice contemplated by Section 4.3(b).
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Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.), Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Notification of Lenders - Notice of Drawdown. Upon receiving a Notice of Drawdown in compliance with the notice requirements contained in Section 2.42.6, the Agent shall promptly notify each applicable Lender of:
(i) the particulars of the proposed Drawdown, including the Lender’s Pro Rata Share and the type of Accommodation to be made available by each Lender on the Drawdown Date;
(ii) the appropriate Designated Account to which each Advance is to be credited; and
(iii) the Drawdown Date. In the case of Advances by way of Bankers’ Acceptances, the Agent shall deliver to the Lenders and the Borrower the notice contemplated by Section 4.3(b).
Appears in 1 contract
Samples: Syndicated Credit Agreement (Advantage Oil & Gas Ltd.)
Notification of Lenders - Notice of Drawdown. Upon receiving a Notice of Drawdown in compliance with the notice requirements contained in Section 2.4, the Agent shall promptly notify each Lender of:
(i) the particulars of the proposed Drawdown, including the Lender’s Pro Rata Share proportionate amount and the type of Accommodation to be made available by each Lender on the Drawdown Date;
(ii) the appropriate Designated Account to which each Advance is to be credited; and
(iii) the Drawdown Date. In the case of Advances by way of Bankers’ ' Acceptances, the Agent shall deliver to the Lenders and the Borrower the notice contemplated by Section 4.3(b).
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