Common use of Notification to Lenders Clause in Contracts

Notification to Lenders. Upon the issuance of any Letter of ----------------------- Credit the applicable Issuing Lender shall promptly notify Agent and each other Domestic Lender of such issuance, which notice shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if Agent is the Issuing Lender, together with such notice), Agent shall notify each Domestic Lender of the amount of such Domestic Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.

Appears in 3 contracts

Samples: Credit Agreement (Hines Horticulture Inc), Credit Agreement (Hines Holdings Inc), Credit Agreement (Hines Horticulture Inc)

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Notification to Lenders. Upon the issuance of any Letter of ----------------------- Credit the applicable Issuing Lender shall promptly notify Agent and each other Domestic Lender of such issuance, which notice shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if Agent is the Issuing Lender, together with such notice), Agent shall notify each Domestic Lender of the amount of such Domestic Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.

Appears in 2 contracts

Samples: Credit Agreement (Varco International Inc), Credit Agreement (Varco International Inc)

Notification to Lenders. Upon the issuance of any Letter of ----------------------- Credit the applicable Issuing Lender shall promptly notify Agent (if the Issuing Lender is not Agent) and each other Domestic Lender of such issuance, which notice shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if Agent is the Issuing Lender, together with such notice), Agent shall notify each Domestic Lender of the amount of such Domestic Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.

Appears in 1 contract

Samples: Credit Agreement (Regency Health Services Inc)

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Notification to Lenders. Upon the issuance of any Letter of ----------------------- Credit the applicable Issuing Lender shall promptly notify Agent and each other Domestic Lender of such issuance, which notice shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if Agent is the Issuing Lender, together with such notice), Agent shall notify each Domestic Lender of the amount of such Domestic Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.

Appears in 1 contract

Samples: Credit Agreement (FWT Inc)

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