Common use of Notification of Lenders Clause in Contracts

Notification of Lenders. Upon receipt of a Request for Advance, or a notice from the Borrower with respect to any outstanding Advance prior to the Payment Date for such Advance, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's portion of the Advance. Each Lender shall, not later than 12:00 noon (New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (Benedek Communications Corp)

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Notification of Lenders. Upon receipt of a Request for Advance, or a notice of a Conversion or Continuation from the Borrower with respect to any outstanding Advance prior to the Payment Date for such Advance, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's portion of the Advance. Each Lender shall, not later than 12:00 noon (New York, New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (Metrocall Inc)

Notification of Lenders. Upon receipt of a Request for Advance, Advance or a notice Notice of Conversions, Continuations or Prepayments from the Borrower with respect to any outstanding Advance prior to the Payment Date for such Advance, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's portion of the Advance. Each Lender shall, not later than 12:00 noon (New York, New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Credit Agreement (CBD Media LLC)

Notification of Lenders. Upon receipt of a Request for Advance, Advance or a notice Notice of Conversions and Continuations from the Borrower with respect to any outstanding Advance prior to the Payment Date for such Advance, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's ’s portion of the Advance. Each Lender shall, not later than 12:00 noon 1:00 p.m. (New York, New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's ’s Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (BGF Industries Inc)

Notification of Lenders. Upon receipt of a Request for Advance, Advance or a notice from the Borrower with respect to any outstanding Advance prior to the Payment Date for such Advance, or a request by any Issuing Bank for reimbursement under Section 2.14 hereof, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's portion of the Advance. Each Lender shall, not later than 12:00 noon 1:00 p.m. (New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Credit Agreement (Ziff Davis Intermediate Holdings Inc)

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Notification of Lenders. Upon receipt of a Request for Advance, ----------------------- or a notice from the Borrower with respect to any outstanding Advance prior to the Payment Date for such Advance, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's portion of the Advance. Each Lender shall, not later than 12:00 noon (New York, New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any Advance which that represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Parent Loan Agreement (American Tower Corp /Ma/)

Notification of Lenders. Upon receipt of a Request for Advance, Advance or a notice Notice of Conversion/Continuation under this Section 2.3 from the Borrower with respect to a reborrowing of any then outstanding Advance prior to on the Payment Date for such Advance, the Administrative Agent shall promptly but no later than the close of business on the day of such notice notify each Lender by telephone or telecopy of the contents thereof and the amount of such Lender's portion of the applicable Advance. Each Lender shall, not later than 12:00 noon 1:00 p.m. (New York time) on the date of borrowing specified in such notice, make available to the Administrative Agent at the Administrative Agent's Office, or at such account as the Administrative Agent shall designate, the amount of its portion of any the applicable Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (Cablevision Systems Corp)

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