Notification to Lenders. Upon the issuance of any Letter of Credit the applicable Issuing Lender shall promptly notify the Agent and each other Lender of such issuance, which notice may, if so requested by a Lender, be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if the Agent is the Issuing Lender, together with such notice), the Agent shall notify each Lender of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 2.16.3.
Appears in 3 contracts
Samples: Assignment Agreement (Corporate Office Properties Trust), Senior Secured Revolving Credit Agreement (Corporate Office Properties Trust), Credit Agreement (Corporate Office Properties Trust)
Notification to Lenders. Upon the issuance of any Letter of Credit the applicable Issuing Lender shall promptly notify the Agent and each other Lender of such issuance, issuance which notice may, if so requested by a Lender, shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if the Agent is the Issuing Lender, together with such notice), the Agent shall notify each Lender Lender, of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 2.16.3.3.1C.
Appears in 1 contract
Notification to Lenders. Upon the issuance of any Letter of Credit the applicable Credit, Issuing Lender shall promptly notify the Agent and Agent shall notify each other Lender of such issuance, which notice may, if so requested by a Lender, shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (ornotice, if the Agent is the Issuing Lender, together with such notice), the Agent shall notify each Lender of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 2.16.3.3.1C.
Appears in 1 contract
Samples: Credit Agreement (Oakley Inc)
