Notifying Lender definition
Examples of Notifying Lender in a sentence
The Borrowers shall pay to the Agent, on the Agent's demand, for the account of the Notifying Lender the amounts which the Agent from time to time notifies the Borrowers that the 80 EUROPE/79618310v6 Notifying Lender has specified to be necessary to compensate the Notifying Lender for the increased cost.
If the Borrowers are not willing to continue to compensate the Notifying Lender for the increased cost under Clause 24.4 (Payment of increased costs), the Borrowers may give the Agent not less than 15 days' notice of their intention to prepay the Notifying L▇▇▇▇▇'s Contribution at the end of an Interest Period and/or to cancel the Notifying Lender's Available Commitment.
The Agent shall promptly notify the Borrowers, the Security Parties, the Security Trustee and the other Lenders of the notice under Clause 23.1 (Illegality) which the Agent receives from the Notifying Lender.
The Agent shall promptly notify the Borrowers and the Security Parties of the notice which the Agent received from the Notifying Lender under Clause 24.2 (Increased cost claims).