Common use of Notice to the Banks Clause in Contracts

Notice to the Banks. The Agent shall give prompt telephonic or telecopy notice to each Bank of any notice from the Borrower received pursuant to Section 2.5(a) above. The Agent shall give notice to the Borrower and each Bank by like means of the interest rate applicable to each Borrowing of LIBOR Loans.

Appears in 3 contracts

Samples: Credit Agreement (North Shore Gas Co /Il/), Credit Agreement (North Shore Gas Co /Il/), Credit Agreement (North Shore Gas Co /Il/)

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Notice to the Banks. The Agent shall give prompt telephonic or telecopy facsimile notice to each Bank of any notice from the Borrower received pursuant to Section 2.5(a) above. The Agent shall give notice to the Borrower and each Bank by like means of the interest rate applicable to each Borrowing of LIBOR Loans.

Appears in 2 contracts

Samples: Credit Agreement (Peoples Energy Corp), Credit Agreement (Peoples Energy Corp)

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Notice to the Banks. The Agent shall give prompt telephonic or telecopy notice to each Bank of any notice from the Borrower received pursuant to Section 2.5(a2.1(B)(i) above. The Agent shall give notice to the Borrower and each Bank by like means of the interest rate applicable to each Borrowing of LIBOR Floating Rate Loans.

Appears in 1 contract

Samples: Loan Agreement (Ipalco Enterprises Inc)

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