Common use of Notification by Administrative Agent Clause in Contracts

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten (10) Business Days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 5 contracts

Samples: Revolving Credit Agreement (TJX Companies Inc /De/), Assignment and Assumption (TJX Companies Inc /De/), Assignment and Assumption (TJX Companies Inc /De/)

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Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten (10) Business Days after 30 days prior to the Notice Existing Maturity Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt such notification, subject to the provisions of such notice from the Administrative Agentclause (e) below, the Borrower Existing Maturity Date of each Lender that has elected to agree to such extension (an “Extending Lender”) shall determine be automatically so extended without further action on the date part of the effectiveness of any extension, which date Borrower or the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”Existing Lender(s).

Appears in 5 contracts

Samples: Credit Agreement (Piedmont Natural Gas Co Inc), Credit Agreement (Piedmont Natural Gas Co Inc), Assignment and Assumption (Piedmont Natural Gas Co Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section 5.16 promptly, but in no event later than the date that is ten two (102) Business Days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day)Date. Upon receipt of such notice from the responses of the applicable Lenders, the Administrative Agent, Agent and the Borrower shall determine the date of upon which the effectiveness of any relevant extension, which date the Borrower may elect to delay in its sole discretion if applicable, shall be effective (such effective date to be referred to herein as the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than ten (10) days after the Notice Date.

Appears in 4 contracts

Samples: Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.), Credit Agreement (Cadre Holdings, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each applicable Lender’s determination under this Section no later than the date that is ten (10) Business Days after 10 days prior to the Notice applicable Extension Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 3 contracts

Samples: Credit Agreement (New Fortress Energy Inc.), Credit Agreement (New Fortress Energy Inc.), Credit Agreement (New Fortress Energy Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten seven (107) Business Days days after the Notice Date (or, if such the date is not a Business Day, on the next preceding succeeding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 3 contracts

Samples: Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp), Senior Credit Agreement (Unit Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date day that is ten (10) Business Days after days prior to the Notice Extension Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 2 contracts

Samples: Credit Agreement (Tri-State Generation & Transmission Association, Inc.), Credit Agreement (Tri-State Generation & Transmission Association, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section 2.22 no later than the earlier of (i) the date that is ten (10) Business Days after 15 days prior to the Notice applicable Extension Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine ) and (ii) the date of that is 5 days following the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension applicable Lender Notice Date”).

Appears in 2 contracts

Samples: Term Loan Agreement (Cooper Companies, Inc.), Assignment and Assumption (Cooper Companies, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten (10) Business Days after prior to the Notice Relevant Anniversary Date (or, if such date is not a Business Day, on the next immediately preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 2 contracts

Samples: Credit Agreement (Macquarie Infrastructure Corp), Credit Agreement (Macquarie Infrastructure Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Revolving Lender’s determination under this Section 2.17(b) no later than the date that is ten (10) Business Days after days prior to the Notice applicable Anniversary Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”d).

Appears in 2 contracts

Samples: Credit Agreement (Atlassian Corp), Credit Agreement (Atlassian Corp PLC)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each applicable Lender’s determination under this Section 2.17 no later than the earlier of (i) the date that is ten (10) Business Days after 15 days prior to the Notice applicable Extension Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine ) and (ii) the date of that is 5 days following the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension applicable Lender Notice Date”).

Appears in 2 contracts

Samples: Credit Agreement (UL Solutions Inc.), Credit Agreement (UL Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Revolving Lender’s determination under this Section no later than the date that is ten (10) Business Days after 10 days following the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Credit Agreement (Dollar Tree Stores Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowing Agent of each Revolving Lender’s 's determination under this Section 2.17(b) no later than the date that is ten (10) Business Days after days prior to the Notice applicable Anniversary Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Credit Agreement (Ansys Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten (10) Business Days after 10 days prior to the Notice Applicable Anniversary Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Five Year Credit Agreement (Principal Financial Group Inc)

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Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section promptly, but in no event later than two (2) Business Days after the Notice Date. Upon receipt of the responses of the applicable Lenders, the Administrative Agent and the Borrower shall determine the date upon which the relevant extension, if applicable, shall be effective (the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than ten (10) days after the Notice Date nor later than the date that is ten twenty (1020) Business Days days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Credit Agreement and Security Agreement (Paylocity Holding Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten (10) Business Days after 10 days following the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Credit Agreement (Dollar Tree Inc)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section promptly, but in no event later than the date that is ten two (102) Business Days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day)Date. Upon receipt of such notice from the responses of the applicable Lenders, the Administrative Agent, Agent and the Borrower shall determine the date of upon which the effectiveness of any relevant extension, which date the Borrower may elect to delay in its sole discretion if applicable, shall be effective (such effective date to be referred to herein as the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than 10 days after the Notice Date.

Appears in 1 contract

Samples: Credit Agreement (Richardson Electronics, Ltd.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section 5.16 promptly, but in no event later than the date that is ten two (102) Business Days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day)Date. Upon receipt of such notice from the responses of the applicable Lenders, the Administrative Agent, Agent and the Borrower shall determine the date of upon which the effectiveness of any relevant extension, which date the Borrower may elect to delay in its sole discretion if applicable, shall be effective (such effective date to be referred to herein as the “Extension Effective Date”)., which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than ten (10) days after the Notice Date. ​ ​

Appears in 1 contract

Samples: Credit Agreement (Cadre Holdings, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower of each Lender’s determination under this Section no later than the date that is ten seven (107) Business Days days after the Notice Date (or, if such date is not a Business Day, on the next preceding succeeding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Senior Credit Agreement (Unit Corp)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower in writing of each Lender’s determination under this Section 2.15 promptly, but in no event later than the date that is ten two (102) Business Days after the Notice Date (or, if such date is not a Business Day, on the next preceding Business Day)Date. Upon receipt of such notice from the responses of the applicable Lenders, the Administrative Agent, Agent and the Borrower shall determine the date of upon which the effectiveness of any relevant extension, which date the Borrower may elect to delay in its sole discretion if applicable, shall be effective (such effective date to be referred to herein as the “Extension Effective Date”), which such date shall not (unless agreed by the relevant Lenders and the Administrative Agent) be earlier than 10 days after the Notice Date.

Appears in 1 contract

Samples: Credit Agreement (Paycor Hcm, Inc.)

Notification by Administrative Agent. The Administrative Agent shall notify the Borrower Borrowing Agent of each Revolving Lender’s determination under this Section 2.17(b) no later than the date that is ten (10) Business Days after days prior to the Notice applicable Anniversary Date (or, if such date is not a Business Day, on the next preceding Business Day). Upon receipt of such notice from the Administrative Agent, the Borrower shall determine the date of the effectiveness of any extension, which date the Borrower may elect to delay in its sole discretion (such effective date to be referred to herein as the “Extension Date”).

Appears in 1 contract

Samples: Credit Agreement (Ansys Inc)

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