Common use of Replacement of a Defaulting Lender Clause in Contracts

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 Business Days’ prior written notice to the Agent and such Lender:

Appears in 3 contracts

Samples: Agreement (Bunge LTD), Agreement (Bunge LTD), Agreement (Bunge LTD)

AutoNDA by SimpleDocs

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 4 Business Days’ prior written notice to the Agent and such Lender:

Appears in 3 contracts

Samples: Agreement (Saturn Expansion Corp), Credit Facility Agreement (Sap Ag), Credit Facility Agreement (Sap Ag)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 10 Business Days' prior written notice to the Agent and such Lender:

Appears in 3 contracts

Samples: Assignment Agreement (StoneX Group Inc.), Facility Agreement (StoneX Group Inc.), StoneX Group Inc.

Replacement of a Defaulting Lender. (a) The Borrower may, at At any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 15 Business Days’ prior written notice to the Relevant Facility Agent and such Lender, any of the Obligors may:

Appears in 3 contracts

Samples: Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.), Project Facilities Agreement (Pacific Drilling S.A.)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 20 Business Days’ prior written notice to the Agent and such Lender:

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 Business Days' prior written notice to the Agent and such Lender:

Appears in 2 contracts

Samples: Agreement (Bunge Global SA), Agreement (Bungeltd)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 10 Business Days’ prior written notice to the Agent and such Lender:

Appears in 2 contracts

Samples: Agreement (Hamilton Insurance Group, Ltd.), Assignment Agreement (Hamilton Insurance Group, Ltd.)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 ten Business Days’ prior written notice to the Facility Agent and such Lender:

Appears in 2 contracts

Samples: Facility Agreement (Randgold Resources LTD), Facility Agreement (Randgold Resources LTD)

Replacement of a Defaulting Lender. (aA) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 five Business Days’ prior written notice to the Agent and such Lender:

Appears in 2 contracts

Samples: Facilities Agreement (Rentokil Initial PLC /Fi), Facilities Agreement (Rentokil Initial PLC /Fi)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 Business Days30 days’ prior written notice to the Agent and such Lender:

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 15 Business Days’ prior written notice to the Facility Agent and such Lender:

Appears in 2 contracts

Samples: Agreement (Mechel OAO), Facility Agreement (Mechel OAO)

AutoNDA by SimpleDocs

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 fifteen (15) Business Days’ prior written notice to the Agent and such LenderXxxxxx:

Appears in 1 contract

Samples: Compagnie Maritime Belge NV

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 five (5) Business Days’ prior written notice to the Agent and such Lender:

Appears in 1 contract

Samples: Loan Agreement (Teekay Offshore Partners L.P.)

Replacement of a Defaulting Lender. (a) 32.5.1 The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 10 Business Days’ prior written notice to the Agent and such Lender:

Appears in 1 contract

Samples: Assignment Agreement

Replacement of a Defaulting Lender. (a) The Borrower may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 Business Days’ prior written notice to the Agent and such Lender:

Appears in 1 contract

Samples: Facilities Agreement (Melco Crown Entertainment LTD)

Replacement of a Defaulting Lender. (a) The Borrower An Obligor may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 Business Days' prior written notice to the Agent and such Lender:

Appears in 1 contract

Samples: Midamerican Energy Holdings Co /New/

Replacement of a Defaulting Lender. (a) The Borrower Borrowers may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 five (5) Business Days’ prior written notice to the Agent and such Lender:

Appears in 1 contract

Samples: Teekay Offshore Partners L.P.

Replacement of a Defaulting Lender. (a) The Borrower Borrowers may, at any time a Lender has become and continues to be a Defaulting Lender, by giving at least 5 twenty (20) Business Days’ prior written notice to the Agent and such LenderXxxxxx:

Appears in 1 contract

Samples: Agreement (KNOT Offshore Partners LP)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!