Common use of Use of websites Clause in Contracts

Use of websites. The Borrower acknowledges and agrees that any information under this Agreement may be delivered to a Lender (through the Administrative Agent) on to an electronic website if: (a) the Administrative Agent and the Lender agree; (b) the Administrative Agent appoints a website provider and designates an electronic website for this purpose; (c) the designated website is used for communication between the Administrative Agent and the Lenders; (d) the Administrative Agent notifies the Lenders of the address and password for the website; (e) the information can only be posted on the website by the Administrative Agent; and (f) the information posted is in a format agreed between the Borrower and the Administrative Agent. The cost of the website shall be borne by the Borrower, subject to such cost being agreed by the Borrower beforehand. Any Lender may request, through the Administrative Agent, one paper copy of any information required to be provided under this Agreement which is posted onto the designated website. The Borrower shall at its own cost comply with any such request within ten (10) Business Days.

Appears in 4 contracts

Samples: Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.), Credit Agreement (Atlas Corp.)

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Use of websites. The Borrower acknowledges and agrees that any information under this Agreement may be delivered to a Lender (through the Administrative Facility Agent) on to an electronic website if: (a) the Administrative Facility Agent and the Lender agree; (b) the Administrative Facility Agent appoints a website provider and designates an electronic website for this purpose; (c) the designated website is used for communication between the Administrative Facility Agent and the Lenders; (d) the Administrative Facility Agent notifies the Lenders of the address and password for the website; (e) ; the information can only be posted on the website by the Administrative Facility Agent; and (fe) the information posted is in a format agreed between the Borrower and the Administrative Facility Agent. The cost of the website shall be borne by the Borrower, subject to such cost being agreed by the Borrower beforehand. Any website Lender may request, through the Administrative Facility Agent, one paper copy of any information required to be provided under this Agreement which is posted onto the designated website. The Borrower shall at its own cost comply with any such request within ten (10) Business Days.

Appears in 1 contract

Samples: Credit Facility Agreement (Seaspan CORP)

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Use of websites. The Borrower acknowledges and agrees that any information under this Agreement may be delivered to a Lender (through the Administrative Agent) on to onto an electronic website if: (ai) the Administrative Agent and the Lender agree; (bii) the Administrative Agent appoints a website provider and designates an electronic website for this purpose; (ciii) the designated website is used for communication between the Administrative Agent and the Lenders; (div) the Administrative Agent notifies the Lenders of the address and password for the website; (ev) the information can only be posted on the website by the Administrative Agent; and (fvi) the information posted is in a format agreed between the Borrower and the Administrative Agent. The cost of the website shall be borne by the Borrower, subject to such cost being agreed by the Borrower beforehand. Any Lender may request, through the Administrative Agent, one paper copy of any information required to be provided under this Agreement which is posted onto the designated website. The Borrower shall at its own cost comply with any such request within ten (10) Business Days.

Appears in 1 contract

Samples: Credit Agreement (Atlas Corp.)

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