Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 A.M., New York City time) notify each bidding Lender whether or not its Competitive Bid has been accepted (and if so, in what amount and at what Competitive Bid Rate), and each successful bidder will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid has been accepted.
Appears in 7 contracts
Samples: Advance and Revolving Credit Agreement (Tegna Inc), Credit Agreement (Tegna Inc), Competitive Advance and Revolving Credit Agreement (Tegna Inc)
Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 A.M.11:00 a.m., New York City time) notify each bidding U.S. Lender whether or not its Competitive Bid has been accepted (and if so, in what amount and at what Competitive Bid Rate), and each successful bidder will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid has been accepted.
Appears in 6 contracts
Samples: Delphi Automotive Systems Corp, Delphi Automotive Systems Corp, Delphi Corp
Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 11:00 A.M., New York City time) notify each bidding Lender whether or not its Competitive Bid has been accepted (and if so, in what amount and at what Competitive Bid Rate), and each successful bidder will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid has been accepted.
Appears in 4 contracts
Samples: Delphi Automotive Systems Corp, Credit Agricole Indosuez (Delphi Automotive Systems Corp), Delphi Automotive Systems Corp
Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 11:00 A.M., New York City time) notify each bidding offering Lender whether or not its Competitive Bid Advance Offer has been accepted (and if so, in what amount and at what Competitive Bid Advance Rate), and each successful bidder offering Lender will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid offer has been accepted.
Appears in 2 contracts
Samples: Credit Agreement (Essex International Inc /), Credit Agreement (BCP/Essex Holdings Inc)
Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 11:00 A.M., New York City time) notify each bidding Non-Extending Lender whether or not its Competitive Bid has been accepted (and if so, in what amount and at what Competitive Bid Rate), and each successful bidder will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid has been accepted.
Appears in 1 contract
Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 A.M., 2:00 P.M. (New York City time) on the date of receipt of the Competitive Bid Accept/Reject Letter notify each bidding Lender whether or not its Competitive Bid has been accepted (and if so, in what amount and at what Competitive Bid Rate), and each successful bidder will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid has been accepted.
Appears in 1 contract
Notification of Acceptance. The Administrative Agent shall promptly (and, in any event, by 11:30 A.M., New York City time) notify each bidding Lender whether or not its Competitive Bid has been accepted (and if so, in what amount and at what Competitive Bid Rate), and each successful bidder will thereupon become bound, subject to the other applicable conditions hereof, to make the Competitive Loan in respect of which its bid has been accepted. Section 2.4.
Appears in 1 contract
Samples: Credit Agreement (Tegna Inc)
