Examples of Lender Redetermination Notice in a sentence
Following the receipt of such notice the Required Banks shall have the right to serve a Lender Redetermination Notice on the Borrowers’ Representative, which Lender Redetermination Notice shall not count towards the maximum number of such Notices which the Required Lenders may otherwise serve between Scheduled Redetermination Dates.
Following the receipt of such notice the Required Banks shall have the right to serve a Lender Redetermination Notice on EPC, which Lender Redetermination Notice shall not count towards the maximum number of such Notices which the Required Lenders may otherwise serve between Scheduled Redetermination Dates.
On or before the date which is 30 days after receipt (i) of a scheduled semi-annual Reserve Report or (ii) of a Reserve Report in connection with a Lender Redetermination Notice or a Borrower Redetermination Notice, the Administrative Agent shall redetermine the Borrowing Base in its sole discretion, and the Administrative Agent shall notify the Borrower and the Lenders of its redetermination of the Borrowing Base.
In addition, an Oil and Gas Acquisition described in clause (e) of the definition of Redetermination Event shall result in a mandatory redetermination of the Borrowing Base pursuant to the procedures set forth in this subsection 4.9 for a redetermination following the delivery of a Lender Redetermination Notice or a Borrower Redetermination Notice; PROVIDED that any such redetermination of the Borrowing Base must be approved by all of the Lenders.
In addition, an Oil and Gas Acquisition described in clause (e) of the definition of Redetermination Event shall result in a mandatory redetermination of the Borrowing Base pursuant to the procedures set forth in this subsection 4.9 for a redetermination following the delivery of a Lender Redetermination Notice or a Borrower Redetermination Notice; provided that any such redetermination of the Borrowing Base must be approved by all of the Lenders.
Other than in connection with the August '99 Redetermination or the Special Redetermination, on or before the date which is 30 days after receipt (i) of a scheduled semi-annual Reserve Report or (ii) of a Reserve Report in connection with a Lender Redetermination Notice or a Borrower Redetermination Notice, the Administrative Agent shall redetermine the Borrowing Base in its sole discretion, and the Administrative Agent shall notify the borrower and the Lenders of its redetermination of the Borrowing Base.
Other than in connection with the August '99 Redetermination or the Special Redetermination, on or before the date which is 30 days after receipt (i) of a scheduled semi-annual Reserve Report or (ii) of a Reserve Report in connection with a Lender Redetermination Notice or a Borrower Redetermination Notice, the Administrative Agent shall redetermine the Borrowing Base in its sole discretion, and the Administrative Agent shall notify the Borrower and the Lenders of its redetermination of the Borrowing Base.