Common use of Absence of Notice Clause in Contracts

Absence of Notice. Subject to the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein, a maturing Term Benchmark Loan (or that portion thereof not subject to a Rollover Notice) shall be automatically continued as a Term Benchmark Loan having an interest Period of one month in principal amount of the maturing Term Benchmark Loan, as though a notice to such effect had been given in accordance with Section 5.2.

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.)

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Absence of Notice. Subject to the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein, a maturing Term Benchmark Loan (or that portion thereof not subject to a Rollover Notice) shall be automatically continued as a Term Benchmark Loan having an interest Interest Period of one month in principal amount of the maturing Term Benchmark Loan, as though a notice to such effect had been given in accordance with Section 5.2.

Appears in 1 contract

Samples: Credit Agreement (Ero Copper Corp.)

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Absence of Notice. Subject to the terms and conditions hereof, in the absence of a Rollover Notice or Conversion Notice within the appropriate time periods referred to herein, a maturing Term Benchmark Loan (or that portion thereof not subject to a Rollover Notice) shall be automatically continued as a Term Benchmark Loan having an interest Interest Period of one month in the principal amount of the maturing Term Benchmark Loan, as though a notice to such effect had been given in accordance with Section 5.2.

Appears in 1 contract

Samples: Credit Agreement (Equinox Gold Corp.)

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