Common use of Notice to Lenders Clause in Contracts

Notice to Lenders. The Agent shall notify the Borrower and the Lenders promptly upon receiving and being satisfied with all of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Appears in 3 contracts

Samples: Agreement (Navigator Holdings Ltd.), Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

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Notice to Lenders. The Agent shall notify the Borrower Borrowers and the Lenders promptly upon receiving and being satisfied with all of the documents and evidence referred delivered to in it under this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Appears in 2 contracts

Samples: Facility Agreement (Quintana Shipping Ltd.), DryShips Inc.

Notice to Lenders. The Agent shall notify the Borrower Lenders and the Lenders Borrower promptly upon receiving receipt and being satisfied with all of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Notice to Lenders. 4.3 The Agent shall notify the Borrower Lenders and the Lenders Borrower promptly upon receiving and being satisfied with all after receipt by it of the documents and evidence referred to in this clause 4 in form and substance reasonably satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.. Further conditions precedent

Appears in 2 contracts

Samples: www.lw.com, Teekay LNG Partners L.P.

Notice to Lenders. 4.4 The Agent shall notify the Borrower Lenders and the Lenders Borrower promptly upon receiving and being satisfied with all after receipt by it of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.. Further conditions precedent

Appears in 2 contracts

Samples: Facility Agreement (Hafnia LTD), Facility Agreement (Hafnia LTD)

Notice to Lenders. 4.3 The Agent shall notify the Borrower Lenders and the Lenders Borrowers promptly upon receiving and being satisfied with all after receipt by it of the documents and evidence referred to in this clause 4 in form and substance reasonably satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.. Further conditions precedent

Appears in 2 contracts

Samples: Facility Agreement, Facility Agreement (Teekay LNG Partners L.P.)

Notice to Lenders. The Agent shall notify the Borrower Borrowers and the Lenders promptly upon receiving and being satisfied with all of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

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Notice to Lenders. 4.7 The Agent shall notify the Borrower relevant Lenders and the Lenders Borrower promptly upon receiving and being satisfied with all after receipt by it of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders (or relevant Lenders in relation to the Revolving Credit Facility) notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.. Further conditions precedent

Appears in 2 contracts

Samples: Agreement (Hafnia LTD), Agreement (Hafnia LTD)

Notice to Lenders. 4.3 The Agent shall notify the Borrower Lenders and the Lenders Borrowers promptly upon receiving and being satisfied with all after receipt by it of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.. Further conditions precedent

Appears in 1 contract

Samples: Agreement (Globus Maritime LTD)

Notice to Lenders. 4.5 The Agent shall notify the Borrower Lenders and the Lenders Borrowers promptly upon receiving and being satisfied with all after receipt by it of the documents and evidence referred to in this clause 4 in form and substance satisfactory to it. Other than to the extent that the Majority Lenders notify the Agent in writing to the contrary before the Agent gives any such notification, the Lenders authorise (but do not require) the Agent to give that notification. The Agent shall not be liable for any damages, costs or losses whatsoever as a result of giving any such notification.. Further conditions precedent

Appears in 1 contract

Samples: Facility Agreement (Hafnia LTD)

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