Common use of Absence of Notice Clause in Contracts

Absence of Notice. Subject to Sections the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein and a maturing Term Benchmark Loan shall be automatically converted to a Base Rate Loan as though a notice to such effect had been given in accordance with Section 6.2.

Appears in 3 contracts

Samples: Agreement (Triple Flag Precious Metals Corp.), Credit Agreement (Triple Flag Precious Metals Corp.), Credit Agreement (Triple Flag Precious Metals Corp.)

AutoNDA by SimpleDocs

Absence of Notice. Subject to Sections the terms Section 3.12(a) and conditions hereof3.13, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein and herein, a maturing Term Benchmark Loan in favour of the Borrower shall be automatically converted to a Base Rate Loan as though a notice to such effect had been given in accordance with Section 6.2.

Appears in 2 contracts

Samples: Credit Agreement (SilverCrest Metals Inc.), Credit Agreement (Orla Mining Ltd.)

Absence of Notice. Subject to Sections the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein and herein, a maturing Term Benchmark Loan shall be automatically converted to a Base Rate Loan as though a notice to such effect had been given in accordance with Section 6.2.

Appears in 1 contract

Samples: Credit Agreement (Ero Copper Corp.)

AutoNDA by SimpleDocs

Absence of Notice. Subject to Sections the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein and herein, a maturing Term Benchmark Loan in favour of a Borrower shall be automatically converted to a Base Rate Loan as though a notice to such effect had been given in accordance with Section 6.2.

Appears in 1 contract

Samples: Credit Agreement (Equinox Gold Corp.)

Time is Money Join Law Insider Premium to draft better contracts faster.