Common use of Relationship with Lenders Clause in Contracts

Relationship with Lenders. (a) The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 3 contracts

Samples: Credit Facility (Tele2 Ab), Credit Facility Agreement (Schlumberger LTD /Ny/), Credit Facility Agreement (Schlumberger LTD /Ny/)

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Relationship with Lenders. (a) The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 3 contracts

Samples: Facilities Agreement (Mittal Steel Co N.V.), Credit Facility (Tele2 Ab), Credit Facility Agreement (Aramark Corp/De)

Relationship with Lenders. (ammmmmmm) The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (PPL Electric Utilities Corp)

Relationship with Lenders. (a) 17.14.1 The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(sfacility office(s) until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) 17.14.2 The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 1 contract

Samples: Facility Agreement (Txu Corp /Tx/)

Relationship with Lenders. (a) The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(s) Office until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 1 contract

Samples: Credit Agreement (Warp Technology Holdings Inc)

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Relationship with Lenders. (a) The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 1 contract

Samples: Credit Facility

Relationship with Lenders. (a) 21.14.1 The Facility Agent may treat each Lender as a Lender, entitled to payments under this Agreement and as acting through its Facility Office(s) until it has received not less than five Business Days' prior notice from that Lender to the contrary. (b) 21.14.2 The Facility Agent may at any time, and must if requested to do so by the Majority Lenders, convene a meeting of the Lenders.

Appears in 1 contract

Samples: Multicurrency Revolving Facility Agreement (PPL Energy Supply LLC)

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