Common use of Notification of the Banks Clause in Contracts

Notification of the Banks. The Agent shall promptly notify each Bank of the details of the requested Loan and the amount of its participation in the Loan.

Appears in 8 contracts

Samples: Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility (Scottish Power PLC), Multicurrency Revolving Credit Facility Agreement (Scottish Power PLC)

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Notification of the Banks. The Agent shall promptly notify each Bank and the Issuing Bank of the details of the requested Loan Utilisation and the amount of its participation in the LoanUtilisation.

Appears in 3 contracts

Samples: Credit Agreement (Adecco Sa), Facility Agreement (Adecco Sa), Loan Agreement (Adecco Sa)

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Notification of the Banks. The Facility Agent shall promptly notify each Bank of the details of the requested Loan and the amount of its participation in the Loan.

Appears in 2 contracts

Samples: Credit Facility (Azurix Corp), Credit Facility Agreement (Azurix Corp)

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