Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's ratable share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.
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Samples: Assignment and Assumption Agreement (Blyth Inc), Credit Agreement (Blyth Industries Inc)
Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's ratable share Commitment Percentage (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.
Appears in 2 contracts
Samples: Credit Agreement (Tyco International LTD /Ber/), Day Revolving Credit Agreement (Tyco International LTD /Ber/)
Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's ratable share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the BorrowerBorrowing.
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Samples: Loan Agreement (Cabot Corp)
Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Committed Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's ratable share (if any) of such Committed Borrowing and such Notice of Committed Borrowing shall not thereafter be revocable by the any Borrower.
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Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing (other than Swing Borrowing), the Administrative Agent shall promptly notify each Bank with a Commitment under the respective Tranche of the contents thereof and of such Bank's ratable share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the respective Borrower.
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Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of BorrowingBorrowing or a Notice of Conversion/Continuation, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's ratable share (if any) of such Borrowing and such Notice of Borrowing or Notice of Conversion/Continuation shall not thereafter be revocable by the Borrower.
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