Notification to Lenders of receipt of a Drawdown Notice Sample Clauses

Notification to Lenders of receipt of a Drawdown Notice. The Agent shall promptly notify the Lenders that it has received a Drawdown Notice and shall inform each Lender of:
AutoNDA by SimpleDocs
Notification to Lenders of receipt of a Drawdown Notice. The Agent shall promptly notify the Lenders that it has received the Drawdown Notice and shall inform each Lender of: the amount of the Tranche to which that Drawdown Notice relates and the relevant Drawdown Date; the amount of that Lender’s participation in that Tranche; and the duration of the first Interest Period.
Notification to Lenders of receipt of a Drawdown Notice. The Agent shall promptly notify the Lenders (and, in the case of The Export-Import Bank of China only, such notification shall be sent by the Agent via SWIFT message) that it has received a Drawdown Notice and shall inform each Lender of:
Notification to Lenders of receipt of a Drawdown Notice. The Agent shall promptly notify the Lenders that it has received a Drawdown Notice and shall inform each Lender of: the amount of the Loan and the Drawdown Date; the amount of that Lender’s participation in the Loan; and the duration of the first Interest Period. Drawdown Notice irrevocable A Drawdown Notice must be signed by an officer or other authorised person of each Borrower; and once served a Drawdown Notice cannot be revoked without the prior consent of the Agent, acting on the authority of the Majority Lenders.
Notification to Lenders of receipt of a Drawdown Notice. The Agent shall promptly notify the Lenders (and, in the case of The Export-Import Bank of China only, such notification shall be sent by the Agent via SWIFT message) that it has received a Drawdown Notice and shall inform each Lender of:

Related to Notification to Lenders of receipt of a Drawdown Notice

  • Delivery of a Utilisation Request The Borrower may utilise the Facility by delivery to the Agent of a duly completed Utilisation Request not later than the Specified Time.

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