Common use of Notification of satisfaction of conditions precedent Clause in Contracts

Notification of satisfaction of conditions precedent. (a) The Facility Agent shall notify the Borrowers and the Lenders promptly upon being satisfied as to the satisfaction of the conditions precedent referred to in Clause 4.1 (Initial conditions precedent), Clause 4.2 (Conditions precedent to prepositioning of funds) and Xxxxxx 4.3 (Conditions precedent to release of the relevant Advance). (b) Other than to the extent that the Majority Lenders notify the Facility Agent in writing to the contrary before the Facility Agent gives the notification described in paragraph (a) above, the Lenders authorise (but do not require) the Facility Agent to give that notification. The Facility Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Notification of satisfaction of conditions precedent. (a) The Facility Agent shall notify the Borrowers and the Lenders promptly upon being satisfied as to the satisfaction of the conditions precedent referred to in Clause 4.1 (Initial conditions precedentConditions precedent to the Facility Agreement), Clause 4.2 (Conditions precedent to prepositioning of fundseach Utilisation Request) and Xxxxxx Clause 4.3 (Conditions precedent to release of the relevant AdvanceFurther conditions precedent). (b) Other than to the extent that the Majority Lenders notify the Facility Agent in writing to the contrary before the Facility Agent gives the notification described in paragraph (a) above, the Lenders authorise (but do not require) the Facility Agent to give that notification. The Facility Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Notification of satisfaction of conditions precedent. (a) The Facility Agent shall notify the Borrowers and the Lenders promptly upon being satisfied as to the satisfaction of the conditions precedent referred to in Clause 4.1 (Initial conditions precedent), Clause 4.2 (Conditions precedent to prepositioning of fundsFurther conditions precedent) and Xxxxxx Clause 4.3 (Conditions precedent to release of the relevant Advance). (b) Other than to the extent that the Majority Lenders notify the Facility Agent in writing to the contrary before the Facility Agent gives the notification described in paragraph (a) above, the Lenders authorise (but do not require) the Facility Agent to give that notification. The Facility Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Notification of satisfaction of conditions precedent. (a) The Facility Agent shall notify the Borrowers Borrower and the Lenders promptly upon being satisfied as to the satisfaction of the conditions precedent referred to in Clause 4.1 (Initial conditions precedent), Clause 4.2 (Conditions precedent to prepositioning of fundsFurther conditions precedent) and Xxxxxx 4.3 (Conditions precedent to release of the relevant AdvanceShip conditions precedents). (b) Other than to the extent that the Majority Lenders notify the Facility Agent in writing to the contrary before the Facility Agent gives the notification described in paragraph (a) above, the Lenders authorise (but do not require) the Facility Agent to give that notification. The Facility Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Notification of satisfaction of conditions precedent. (a) The Facility Agent shall notify the Borrowers and the Lenders promptly upon being satisfied as to the satisfaction of the conditions precedent and subsequent referred to in Clause 4.1 (Initial conditions precedentConditions precedent to delivery of a Drawdown Request), Clause 4.2 (Conditions precedent to prepositioning of funds) and Xxxxxx 4.3 Clause 4.4 (Conditions precedent to release of the relevant Advancesubsequent). (b) Other than to the extent that the Majority Lenders notify the Facility Agent in writing to the contrary before the Facility Agent gives the notification described in paragraph (a) above, the Lenders authorise (but do not require) the Facility Agent to give that notification. The Facility Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Notification of satisfaction of conditions precedent. (a) The Facility Agent shall notify the Borrowers Borrower and the Lenders promptly upon being satisfied as to the satisfaction of the conditions precedent and subsequent referred to in Clause 4.1 (Initial conditions precedent), Conditions precedent to delivery of a Drawdown Request) and Clause 4.2 (Conditions precedent to prepositioning of funds) and Xxxxxx 4.3 (Conditions precedent to release of the relevant each Advance). (b) Other than to the extent that the Majority Lenders notify the Facility Agent in writing to the contrary before the Facility Agent gives the notification described in paragraph (a) above, the Lenders authorise authorize (but do not require) the Facility Agent to give that notification. The Facility Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.