Common use of Notification by Administrative Agent Clause in Contracts

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f). Any Designated Bank which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the ------------------------------------ Borrower’s 's Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, shall promptly notify each Lender Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s Bank's share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f15.1(f). Any Designated Bank which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f) hereof2.3(f), the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, promptly notify each Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s share Bank (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower) (i) of the principal amount of the Money Market Borrowing accepted by the Borrower, and (ii) of such Bank’s share (if any) of such Money Market Borrowing. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s a Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such LenderBank’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the BorrowerBorrower or the Bank. Competitive bid results without attributes will be delivered by the Administrative Agent to each Bank submitting a Money Market Quote. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under in respect of such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Revolving Credit Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Revolving Credit Lender’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Revolving Credit Lender who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f). Any Designated Bank which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Revolving Credit Lender shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s 's Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, promptly notify each Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s share Bank (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower) (i) of the principal amount of the Money Market Borrowing accepted by the Borrower, and (ii) of such Bank's share (if any) of such Money Market Borrowing. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Revolving Credit Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such LenderRevolving Credit Bank’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender Revolving Credit Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Revolving Credit Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such LenderBank’s share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s 's Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Administra tive Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Tranche A Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s Tranche A Bank's share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender Tranche A Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Tranche A Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the ------------------------------------ Borrower’s 's Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s Bank's share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, promptly notify each Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s share Bank (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower) (I) of the principal amount of the Money Market Borrowing accepted by the Borrower, and (ii) of such Bank’s share (if any) of such Money Market Borrowing. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s ------------------------------------ a Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s Bank's share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the BorrowerBorrower or the Bank. Competitive bid results without attributes will be delivered by the Administrative Agent to each Bank submitting a bid. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s 's Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, notify each Lender Bank of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s Bank's share (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.

Notification by Administrative Agent. Upon receipt of the Borrower’s Notice of Money Market Borrowing in accordance with Section 2.2(f2.3(f) hereof, the Administrative Agent shall, on the date such Notice of Money Market Borrowing is received by the Administrative Agent, promptly notify each Lender of the principal amount of the Money Market Borrowing accepted by the Borrower and of such Lender’s share Bank (if any) of such Money Market Borrowing and such Notice of Money Market Borrowing shall not thereafter be revocable by the Borrower) (i) of the principal amount of the Money Market Borrowing accepted by the Borrower, and (ii) of such Bank’s share (if any) of such Money Market Borrowing. A Lender Bank who is notified that it has been selected to make a Money Market Loan may designate its Designated Bank Lender (if any) to fund such Money Market Loan on its behalf, as described in Section 14.1(f9.6(d). Any Designated Bank Lender which funds a Money Market Loan shall on and after the time of such funding become the obligee under such Money Market Loan and be entitled to receive payment thereof when due. No Lender Bank shall be relieved of its obligation to fund a Money Market Loan, and no Designated Bank Lender shall assume such obligation, prior to the time the applicable Money Market Loan is funded.