Common use of Withdrawing Lenders Clause in Contracts

Withdrawing Lenders. No extension pursuant to Section 2.17(a) shall be effective with respect to a Lender that either (i) by a notice (a “Withdrawal Notice”) delivered to the Borrower and the Administrative Agent, declines to consent to such extension or (ii) has failed to respond to the Borrower and the Administrative Agent within the Consent Period (each such Lender giving a Withdrawal Notice or failing to respond in a timely manner being “Withdrawing Lender”).

Appears in 3 contracts

Samples: Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Letter of Credit Reimbursement Agreement (Max Re Capital LTD), Letter of Credit Reimbursement Agreement (Max Re Capital LTD)

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Withdrawing Lenders. No extension pursuant to Section 2.17(a) 2.3.1 shall be effective with respect to a Lender that either (i) by a notice (a "Withdrawal Notice") delivered to the Borrower and Administrative Agent during the Administrative AgentConsent Period, declines to consent to such extension or (ii) has failed to respond to the Borrower and the Administrative Agent within the Consent Period (each such Lender giving a Withdrawal Notice or failing to respond in a timely manner being called a "Withdrawing Lender").

Appears in 3 contracts

Samples: Credit Agreement (Special Value Expansion Fund, LLC), Credit Agreement (Tennenbaum Opportunities Partners V, LP), Credit Agreement (Special Value Opportunities Fund LLC)

Withdrawing Lenders. No extension pursuant to Section 2.17(a2.14(a) shall be effective with respect to a Lender that either (i) by a notice (a "Withdrawal Notice") delivered to the Borrower Xxxxxxx and the Administrative Agent, declines to consent to such extension or (ii) has failed to respond to the Borrower Xxxxxxx and the Administrative Agent within the Consent Period (each such Lender giving a Withdrawal Notice or failing to respond in a timely manner being "Withdrawing Lender").

Appears in 1 contract

Samples: Credit Agreement (Simpson Industries Inc)

Withdrawing Lenders. No extension pursuant to Section 2.17(a) 2.3.1 shall be effective with respect to a Lender that either (i) by a notice (a “Withdrawal Notice”) delivered to the Borrower and Administrative Agent during the Administrative AgentConsent Period, declines to consent to such extension or (ii) has failed to respond to the Borrower and the Administrative Agent within the Consent Period (each such Lender giving a Withdrawal Notice or failing to respond in a timely manner being called a “Withdrawing Lender”).

Appears in 1 contract

Samples: Credit Agreement (Special Value Continuation Partners, LP)

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Withdrawing Lenders. No extension pursuant to Section 2.17(a2.16(a) shall be effective with respect to a Lender that either (i) by a notice (a “Withdrawal Notice”) delivered to the Borrower and the Administrative Agent, declines to consent to such extension or (ii) has failed to respond to the Borrower and the Administrative Agent within the Consent Period (each such Lender giving a Withdrawal Notice or failing to respond in a timely manner being “Withdrawing Lender”).

Appears in 1 contract

Samples: Lc Agreement (Max Re Capital LTD)

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