Conduit Lender Acceptance or Rejection. If a Conduit Lender shall receive a Borrowing Request, such Conduit Lender shall instruct the related Managing Agent to accept or reject such request by no later than the close of business on the Business Day of the applicable Borrowing Request. If a Conduit Lender rejects a Borrowing Request, the related Managing Agent shall promptly notify the Borrower and the related Committed Lenders of such rejection. If a Conduit Lender declines to fund its portion of any Borrowing Request, the Borrower may cancel and rescind such Borrowing Request in its entirety upon notice thereof received by the Program Agent and each Managing Agent prior to the close of business on the Business Day immediately prior to the proposed Borrowing Date. At no time will a Conduit Lender be obligated to make Loans hereunder regardless of any notice given or not given pursuant to this Section.
Conduit Lender Acceptance or Rejection. If a Conduit Lender shall receive a Borrowing Request on a day prior to its Conduit Lender Termination Date, such Conduit Lender shall instruct the related Funding Agent to accept or reject such request by giving notice to the Borrower and the Administrative Agent through telephone or facsimile by no later than the close of business on the Business Day immediately prior to the applicable Borrowing Date. If a Conduit Lender rejects a Borrowing Request, the related Funding Agent shall promptly notify the related Committed Lenders of such rejection. At no time will a Conduit Lender be obligated to make Loans hereunder regardless of any notice given by it pursuant to this Section.
Conduit Lender Acceptance or Rejection. (i) If a Conduit Lender shall receive a Notice of Borrowing and Pledge from its related Managing Agent, such Conduit Lender shall instruct its related Managing Agent to accept or reject such request by no later than the close of business on the Business Day of the applicable Notice of Borrowing and Pledge. If a Conduit Lender rejects a Notice of Borrowing and Pledge, the related Managing Agent shall promptly notify the Borrower and the related Committed Lenders of such rejection. At no time will a Conduit Lender be obligated to make Advances hereunder regardless of any notice given or not given pursuant to this Section.
Conduit Lender Acceptance or Rejection. If a Conduit Lender shall receive a Borrowing Request, such Conduit Lender shall instruct the related Group Agent to accept or reject such request by no later than the close of business on the Business Day immediately following the date of the applicable Borrowing Request. If a Conduit Lender rejects a Borrowing Request, the related Group Agent shall promptly notify the Borrower and the related Committed Lenders of such rejection. At no time will a Conduit Lender be obligated to make Advances hereunder regardless of any notice given or not given pursuant to this Section. If a Conduit Lender rejects a Borrowing Request, any Advance requested by the Borrower in such Borrowing Request that would otherwise be made by such Conduit Lender shall be made by the related Committed Lenders in its Lender Group in accordance with their respective Committed Lender Shares of such Advance and, on the related Advance Date.
