Common use of Procedures for Notices and Approvals Clause in Contracts

Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders’ approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved the action proposed by Agent.

Appears in 2 contracts

Samples: Credit Agreement (Protective Life Corp), Credit Agreement (Protective Life Insurance Co)

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Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders' approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved disapproved the action proposed by Agent.

Appears in 1 contract

Samples: Credit Agreement (Books a Million Inc)

Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders’ approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved the action proposed by Agent.

Appears in 1 contract

Samples: Credit Agreement (Protective Life Insurance Co)

Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders’ approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved disapproved the action proposed by Agent.

Appears in 1 contract

Samples: Credit Agreement (Alfa Corp)

Procedures for Notices and Approvals. All notices given among Lenders and Administrative Agent with respect to this Agreement or the other Credit Documents shall be given in the manner provided in this Agreement. Additionally, should Administrative Agent request Lenders’ approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved the action proposed by Agent.

Appears in 1 contract

Samples: Credit Agreement (Protective Life Corp)

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Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Loan Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders' approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved the action proposed by Agent.

Appears in 1 contract

Samples: Loan Agreement (Response Oncology Inc)

Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders' approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved the action proposed by Agent.

Appears in 1 contract

Samples: Credit Agreement (Response Oncology Inc)

Procedures for Notices and Approvals. All notices given among Lenders and Agent with respect to this Agreement or the other Credit Loan Documents shall be given in the manner provided in this Agreement. Additionally, should Agent request Lenders' approval of any matter, each Lender shall respond in writing within five (5) Business Days after the Business Day on which the request was received. If a Lender fails to so respond, it shall be deemed to have approved the action proposed by the Agent.

Appears in 1 contract

Samples: Loan Agreement (Response Oncology Inc)

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