Overrun Notice Sample Clauses

Overrun Notice. If the Facility Agent, at any time, determines that a Cost Overrun event has occurred, the Borrower or the Facility Agent (if the Borrower fails to do so) may, issue a notice to the Sponsor requiring the Sponsor to fund the amount of such Cost Overrun (hereinafter referred to as the “Overrun Notice”). Upon receipt of an Overrun Notice, the Sponsor shall arrange for infusion of funds to the Table of Contents Borrower in the manner specified in Section 2.2.1 above, to the extent specified in the Overrun Notice within such time period as may be specified by the Facility Agent. The Facility Agent shall be entitled to make multiple determinations regarding the occurrence of event of Cost Overrun and upon making any such determination from time to time the provisions specified in Sections 2.1 and 2.2 shall be followed.
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Overrun Notice. 6.4 Overrun ..........................................................6.4

Related to Overrun Notice

  • Selection Notice A Selection Notice to be effective must be:

  • Funding Notice Administrative Agent shall have received a fully executed and delivered Funding Notice.

  • Notice of Delay 12.1. When anything delays or threatens to delay the timely performance of the Purchase Order, Supplier must immediately provide written notice to Buyer in writing of all relevant information, including but not limited to the reasons for the potential delay and Supplier’s short-term and long-term mitigation actions.

  • Loan Notice The Administrative Agent shall have received a Loan Notice with respect to the Loans to be made on the Closing Date.

  • Termination Notice If either Party, having become entitled to do so, decides to terminate this Agreement pursuant to the preceding Clause 8.2 (a) (i) or 8.2 (a) (ii), it shall issue Termination Notice setting out:

  • Notice, Etc All notices and other communications provided for hereunder shall be in writing and shall be delivered by hand or overnight courier service, mailed by certified or registered mail or sent by facsimile or email, as follows:

  • Notice of Extension (a) If the Institutional Trustee is the only registered Holder of the Debentures at the time the Company selects an Extended Interest Payment Period, the Company shall give written notice to the Regular Trustees, the Institutional Trustee and the Trustee of its selection of such Extended Interest Payment Period one Business Day before the earlier of (i) the next succeeding date on which Distributions on the Trust Securities issued by the Trust are payable, or (ii) the date the Trust is required to give notice of the record date, or the date such Distributions are payable, to the New York Stock Exchange or other applicable self-regulatory organization or to holders of the Preferred Securities issued by the Trust, but in any event at least one Business Day before such record date.

  • Borrowing Notice The Borrower shall deliver to the Agent and the Swing Line Lender irrevocable notice (a "Swing Line Borrowing Notice") not later than noon (Chicago time) on the Borrowing Date of each Swing Line Loan, specifying (i) the applicable Borrowing Date (which date shall be a Business Day), and (ii) the aggregate amount of the requested Swing Line Loan which shall be an amount not less than $100,000. The Swing Line Loans shall bear interest at the Floating Rate.

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