Common use of Borrower Notice Clause in Contracts

Borrower Notice. The Borrower shall notify the Administrative Agent in writing in substantially the form attached as Exhibit C-2, of any election to terminate or reduce any Commitments under Section 2.07(b) by 12:00 p.m. New York City time at least one (1) Business Day (or, in the case of a prepayment of Eurodollar Loans, three (3) Business Days) (or in each case such shorter period as the Administrative Agent may agree in its sole discretion) prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a Borrowing Request or a notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of any other credit facilities or the closing of any securities offering, or the occurrence of any other event specified therein, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied and, for the avoidance of doubt, Borrowing Requests may be updated after their initial delivery (including, without limitation to delay the date of such borrowing) to the extent acceptable to the Administrative Agent in its sole discretion. With respect to the effectiveness of any such other credit facilities or the closing of any such securities offering, the Borrower may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed). Any termination or reduction of the Commitments of any Tranche shall be permanent. Each reduction of the Commitments of any Tranche shall be made ratably among the Lenders in accordance with their respective Commitments of such Tranche.

Borrower Notice. The Borrower Borrowers shall notify the Administrative Agent in writing in substantially the form attached as Exhibit C-2, of any election to terminate or reduce any the Commitments under Section 2.07(b) by 12:00 p.m. New York City time at least one (1) Business Day (or, in the case of a prepayment of Eurodollar Loans, three (3) Business Days) (or in each case such shorter period as the Administrative Agent may agree in its sole discretion) prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower Borrowers pursuant to this Section shall be irrevocable; provided that a Borrowing Request or a notice of termination of the Commitments delivered by the Borrower Borrowers may state that such notice is conditioned upon the effectiveness of any other credit facilities or the closing of any securities offering, or the occurrence of any other event specified therein, in which case such notice may be revoked by the Borrower Borrowers (by written notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied and, for the avoidance of doubt, Borrowing Requests may be updated after their initial delivery (including, without limitation to delay the date of such borrowing) to the extent acceptable to the Administrative Agent in its sole discretionsatisfied. With respect to the effectiveness of any such other credit facilities or the closing of any such securities offering, the Borrower Borrowers may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed). Any termination or reduction of the Commitments of any Tranche Class shall be permanent. Each reduction of the Commitments of any Tranche Class shall be made ratably among the Lenders in accordance with their respective Commitments of such TrancheClass.

Borrower Notice. The Borrower shall notify the Administrative Agent in writing in substantially the form attached as Exhibit C-2, of any election to terminate or reduce any the Commitments under Section 2.07(b) by 12:00 p.m. New York City time at least one (1) Business Day (or, in the case of a prepayment of Eurodollar Loans, three (3) Business Days) (or in each case such shorter period as the Administrative Agent may agree in its sole discretion) prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a Borrowing Request or a notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of any other credit facilities or the closing of any securities offering, or the occurrence of any other event specified therein, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied and, for the avoidance of doubt, Borrowing Requests may be updated after their initial delivery (including, without limitation to delay the date of such borrowing) to the extent acceptable to the Administrative Agent in its sole discretion. With respect to the effectiveness of any such other credit facilities or the closing of any such securities offering, the Borrower may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed). Any termination or reduction of the Commitments of any Tranche Class shall be permanent. Each reduction of the Commitments of any Tranche Class shall be made ratably among the Lenders in accordance with their respective Commitments of such TrancheClass.

Borrower Notice. The Borrower EnergySolutions shall notify the Administrative Agent in writing in substantially the form attached as Exhibit C-2, of any election to terminate terminate, cancel or reduce any the Revolving Commitments or the Deposit L/C Specified Amount under this Section 2.07(b) by 12:00 p.m. New York City time 2.19 at least one (1) three Business Day (or, in the case of a prepayment of Eurodollar Loans, three (3) Business Days) (or in each case such shorter period as the Administrative Agent may agree in its sole discretion) Days prior to the effective date of such termination termination, cancellation or reduction, specifying such election and the effective date thereof. Such notice, in the case of the cancellation or reduction of the Deposit L/C Specified Amount, shall be accompanied by a certificate signed by an Authorized Signatory of EnergySolutions certifying (i) as to whether a Default has occurred and is continuing and (ii) that all requirements set forth in Section 2.19(c) with respect to the cancellation or reduction of the Deposit L/C Specified Amount have been and will be satisfied. Promptly following receipt of any such noticenotice and certificate, if applicable, the Administrative Agent shall advise the applicable Lenders Revolving Lenders, or the Deposit Issuing Banks and the Term Lenders, as applicable, of the contents thereof. Each notice delivered by the Borrower EnergySolutions pursuant to this Section 2.19 shall be irrevocable; provided irrevocable (it being agreed that a Borrowing Request or a such notice of termination of the Commitments delivered by the Borrower may state that such notice it is conditioned upon the effectiveness of any other credit facilities or the closing of any securities offering, or the occurrence of any other event one or more events specified therein, in which case such notice may be revoked by the Borrower EnergySolutions (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied and, for the avoidance of doubt, Borrowing Requests may be updated after their initial delivery (including, without limitation to delay the date of such borrowing) to the extent acceptable to the Administrative Agent in its sole discretion. With respect to the effectiveness of any such other credit facilities or the closing of any such securities offering, the Borrower may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayedsatisfied). Any termination Each termination, cancellation or reduction of the Revolving Commitments of any Tranche or the Deposit L/C Specified Amount effected pursuant to this Section 2.19 shall be permanent. Each permanent and, in the case of a partial reduction of the Commitments of any Tranche Revolving Commitments, shall be made ratably among the Revolving Lenders in accordance with their respective Commitments of such TrancheRevolving Commitments.

Borrower Notice. The Borrower shall notify the Administrative Agent in writing in substantially the form attached as Exhibit C-2, of any election to terminate or reduce any the Commitments under Section 2.07(b) by 12:00 p.m. New York City time at least one (1) Business Day (or, in the case of a prepayment of Eurodollar Loans, three (3) Business Days) (or in each case such shorter period as the Administrative Agent may agree in its sole discretion) prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a Borrowing Request or a notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of any other credit facilities or the closing of any securities offering, or the occurrence of any other event specified therein, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied and, for the avoidance of doubt, Borrowing Requests may be updated after their initial delivery (including, without limitation to delay the date of such borrowing) to the extent acceptable to the Administrative Agent in its sole discretion. With respect to the effectiveness of any such other credit facilities or the closing of any such securities offering, the Borrower may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed). Any termination or reduction of the Commitments of any Tranche Class shall be permanent. Each reduction of the Commitments of any Tranche Class shall be made ratably among the Lenders in accordance with their respective Commitments of such TrancheClass.

Borrower Notice. The Borrower shall notify the Administrative Agent in writing in substantially the form attached as Exhibit C-2, of any election to terminate or reduce any the Commitments under Section ‎Section 2.07(b) by 12:00 p.m. New York City time at least one (1) Business Day (or, in the case of a prepayment of Eurodollar Term SOFR Loans, three Business Days) (3) or, in the case of a prepayment of any Alternative Currency Loan, four Business Days) (or in each case such shorter period as the Administrative Agent may agree in its sole discretion) prior to the effective date of such termination or reduction, specifying such election and the effective date thereof. Promptly following receipt of any such notice, the Administrative Agent shall advise the applicable Lenders of the contents thereof. Each notice delivered by the Borrower pursuant to this Section shall be irrevocable; provided that a Borrowing Request or a notice of termination of the Commitments delivered by the Borrower may state that such notice is conditioned upon the effectiveness of any other credit facilities or the closing of any securities offering, or the occurrence of any other event specified therein, in which case such notice may be revoked by the Borrower (by notice to the Administrative Agent on or prior to the specified effective date) if such condition is not satisfied and, for the avoidance of doubt, Borrowing Requests such notices may be updated after their initial delivery (including, without limitation limitation, to delay the date of such borrowingtermination or reduction) to with the extent acceptable to consent of the Administrative Agent in its sole discretion(which consent shall not be unreasonably withheld or delayed). With respect to the effectiveness of any such other credit facilities or the closing of any such securities offering, the Borrower may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed), and with respect to the occurrence of any such other event, the Borrower may extend the date of termination at any time with the consent of the Administrative Agent (which consent shall not be unreasonably withheld or delayed). Any termination or reduction of the Commitments of any Tranche Class shall be permanent. Each reduction of the Commitments of any Tranche Class shall be made ratably among the Lenders in accordance with their respective Commitments of such TrancheClass.