Common use of Notification of Lenders Clause in Contracts

Notification of Lenders. Upon receipt of a Request for Advance or a written notice under this Section 2.2 from the Borrower with respect to a reborrowing of any then outstanding Advance on the Payment Date for such Advance, the Administrative Agent shall promptly 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 2:00 p.m. (New York City time) on the date specified in such notice, make available to the Administrative Agent, or at such account as the Administrative Agent shall designate, the amount of its portion of the applicable Advance in immediately available funds.

Appears in 2 contracts

Samples: Loan Agreement (Tv Guide Inc), Loan Agreement (Tv Guide Inc)

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Notification of Lenders. Upon receipt of a Request for Advance or a written notice under this Section 2.2 from the Borrower with respect to a reborrowing repayment of any then outstanding Advance on the Payment Date for such Advance, the Administrative Agent shall promptly 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 2:00 p.m. (New York City time) on the date 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 the applicable Advance (if such Advance will increase the principal amount of the Loans) in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (Hca Inc/Tn)

Notification of Lenders. Upon receipt of a Request for Advance Advance, or a written notice under this Section 2.2 from the Borrower with respect to a reborrowing of any then outstanding Advance on prior to the Payment Date for such Advance, the Administrative Agent shall promptly 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 2:00 p.m. 12:00 noon (New York City 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 the applicable 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 or a written notice Notice of Conversion/Continuation under this Section 2.2 2.3 from the Borrower with respect to a reborrowing of any then outstanding Advance on the Payment Date for such Advance, the Administrative Agent shall promptly 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 2:00 1:00 p.m. (New York City time) on the date 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 the applicable Advance in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (Cablevision Systems Corp)

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Notification of Lenders. Upon receipt of a Request for Advance Advance, or a written notice under this Section 2.2 from the Borrower with respect to a reborrowing of any then outstanding Advance on prior to the Payment Date for such Advance, the Administrative Agent shall promptly 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 2:00 p.m. 12:00 noon (New York, New York City 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 the applicable any Advance which represents an additional borrowing hereunder in immediately available funds.

Appears in 1 contract

Samples: Loan Agreement (Tritel Finance Inc)

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