Common use of Notification of the Banks Clause in Contracts

Notification of the Banks. The Agent shall, not later than the Prescribed Time, notify each Bank of the details of the requested Bills and the aggregate principal amount of the Bills to be accepted by it.

Appears in 2 contracts

Samples: Revolving Credit Facility (Celltech Group PLC), Term and Revolving Credit Facility (Meggit PLC)

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Notification of the Banks. The Agent shall, not later than the Prescribed Time, notify each Bank of the details of the requested Bills Loan and the aggregate principal amount of its participation in the Bills to be accepted by itLoan.

Appears in 2 contracts

Samples: Revolving Credit Facility (S Acquisition Corp), Revolving Credit Facility (WDR Acquisition Corp)

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