Common use of Agent’s receipt of Notices Clause in Contracts

Agent’s receipt of Notices. If the Agent receives a notice under clause 7 (Illegality, Voluntary Prepayment and Cancellation) or clause 8 (Mandatory Prepayment) it shall promptly forward a copy of that notice to either the Borrower or the affected Lender(s), as appropriate.

Appears in 2 contracts

Samples: Facilities Agreement (International Shipping Enterprises, Inc.), Agreement (Navios Maritime Holdings Inc.)

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Agent’s receipt of Notices. If the Agent receives a notice under clause 7 (Illegality, Voluntary Prepayment and Cancellation) or clause 8 (Mandatory Prepaymentprepayment) it shall promptly forward a copy of that notice to either the Borrower or the affected Lender(s), as appropriate.

Appears in 1 contract

Samples: Facilities Agreement (International Shipping Enterprises, Inc.)

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