Common use of Notification of Response to Increase Request Clause in Contracts

Notification of Response to Increase Request. The Agent shall notify the Account Party in writing of each Bank's decision in relation to the Increase Request (specifying which Banks have given a Notice of Increase, which Banks have actually refused the Increase Request and which Banks are deemed to have refused the Increase Request) no less than eight weeks prior to the Increase Date.

Appears in 3 contracts

Samples: Charge Agreement (Ace LTD), Charge Agreement (Ace LTD), Ace LTD

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Notification of Response to Increase Request. The Agent shall notify the Account Party in writing of each Bank's decision in relation to the Increase Request (specifying which Banks have given a Notice of Increase, which Banks have actually refused the Increase Request and which Banks are deemed to have refused the Increase Request) no less than eight two weeks prior to the Increase Date.

Appears in 1 contract

Samples: Original Agreement (Ace LTD)

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Notification of Response to Increase Request. The Agent shall notify the Account Party in writing of each Bank's ’s decision in relation to the Increase Request (specifying which Banks have given a Notice of Increase, which Banks have actually refused the Increase Request and which Banks are deemed to have refused the Increase Request) no less than eight two weeks prior to the Increase Date.

Appears in 1 contract

Samples: Confidentiality Agreement (Ace LTD)

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