Notification to Lenders. Upon the issuance of or amendment to any Letter of Credit, the applicable Issuing Lender shall promptly notify Administrative Agent and each other Lender of such issuance or amendment by telefacsimile or electronic mail (or by telephone promptly confirmed by telefacsimile or electronic mail). Promptly after receipt of such notice (or, if Administrative Agent is the Issuing Lender, together with such notice), Administrative Agent shall notify each Lender by telefacsimile or electronic mail (or by telephone promptly confirmed by telefacsimile or electronic mail) of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.
Appears in 3 contracts
Sources: Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc), Credit Agreement (Integrated Defense Technologies Inc)
Notification to Lenders. Upon the issuance of or amendment to any Letter of Credit, Credit the applicable Issuing Lender shall promptly notify Administrative Agent and each other Lender of such issuance or amendment by telefacsimile or electronic mail (or by telephone promptly confirmed by telefacsimile or electronic mail). Promptly after receipt of such notice (or, if Administrative Agent is the Issuing Lender, together with such notice), Administrative Agent shall notify each Lender by telefacsimile or electronic mail (or by telephone promptly confirmed by telefacsimile or electronic mail) of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.
Appears in 2 contracts
Sources: Credit Agreement (Winsloew Furniture Inc), Credit Agreement (Winsloew Furniture Inc)
Notification to Lenders. Upon the issuance of or amendment to any Letter of Credit, the applicable Issuing Lender shall promptly notify Administrative Agent and each other Lender of such issuance or amendment by telefacsimile or electronic mail (or by telephone promptly confirmed by telefacsimile or electronic mail). Promptly after receipt of such notice (or, if Administrative Agent is the Issuing Lender, together with such notice), Administrative Agent shall notify each Lender by telefacsimile or electronic mail (or by telephone promptly confirmed by telefacsimile or electronic mail) of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.
Appears in 1 contract
Notification to Lenders. Upon the issuance of or amendment to any Letter of Credit, the applicable Issuing Lender shall promptly notify Administrative Agent and Agent, which shall thereafter notify each other Lender of such issuance or amendment by telefacsimile facsimile or electronic mail (or by telephone promptly confirmed by telefacsimile facsimile or electronic mail). Promptly after receipt of such notice (or, if Administrative Agent is the Issuing Lender, together with such notice), Administrative Agent shall notify each Lender by telefacsimile facsimile or electronic mail (or by telephone promptly confirmed by telefacsimile facsimile or electronic mail) of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.
Appears in 1 contract