Examples of Assuming Extending Lender in a sentence
Promptly following each Extension Date, the Agent shall notify the Lenders (including, without limitation, each Assuming Extending Lender) of the extension of the scheduled Termination Date in effect immediately prior thereto and shall thereupon record in the Register the relevant information with respect to each such Consenting Lender and each such Assuming Extending Lender.
Upon an extension pursuant to Section 2.20, and upon Agent’s receipt of each Assuming Extending Lender’s Assignment Agreement and recording of the information contained therein in the Register, from and after the date upon an Assuming Extending Lender giving notice pursuant to Section 2.20(a) herein, the Agent shall make all payments hereunder and under any Notes issued in connection therewith in respect of the interest assumed thereby.
Promptly following each Extension Date, the Administrative Agent shall notify the Lenders (including, without limitation, each Assuming Extending Lender) of the extension of the scheduled Termination Date in effect immediately prior thereto and shall thereupon record in the Register the relevant information with respect to each such Consenting Lender and each such Assuming Extending Lender.