Funding Indemnity Letter Sample Clauses

Funding Indemnity Letter. If applicable, the Administrative Agent shall have received a funding indemnity letter, in form and substance satisfactory to the Administrative Agent, with respect to the LIBOR Rate Loans to be made on the Closing Date. Without limiting the generality of the provisions of the last paragraph of Section 10.3, for purposes of determining compliance with the conditions specified in this Section 5.1, the Administrative Agent and each Lender that has signed this Agreement shall be deemed to have consented to, approved or accepted or to be satisfied with, each document or other matter required thereunder to be consented to or approved by or acceptable or satisfactory to a Lender unless the Administrative Agent shall have received notice from such Lender prior to the proposed Closing Date specifying its objection thereto.
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Funding Indemnity Letter. To the extent the Loans to be made on the Closing Date are not Base Rate Loans, receipt by the Administrative Agent from GFI of a letter in form and substance satisfactory to the Administrative Agent indemnifying the Administrative Agent and each of the Lenders against any loss, cost or expense incurred by it as a result of the failure by GFI to borrow Eurocurrency Rate Loans on the date identified in the applicable Loan Notice.
Funding Indemnity Letter. The Borrower shall have executed and delivered to the Lenders the Funding Indemnity Letter no later than twelve (12) Business Days prior to the Borrowing Date of the first Borrowing hereunder.
Funding Indemnity Letter. To the extent that any Term SOFR Rate Loans will be made on the Closing Date, the Administrative Agent shall have received a funding indemnity letter, in form and content reasonably satisfactory to the Administrative Agent, not less than three (3) Business Days prior to the Closing Date.
Funding Indemnity Letter. The Collateral Agent and the Participants shall have received a funding indemnity letter executed by Lessee dated the Closing Date, and in form and substance satisfactory to each Participant (the “Funding Indemnity Letter”).
Funding Indemnity Letter. Three (3) Business Days prior to the Closing Date, the Administrative Agent shall have received a Funding Indemnity Letter signed by a Responsible Officer of the Borrower with respect to the Eurodollar Rate Loans to be made on the Closing Date.
Funding Indemnity Letter. The Administrative Agent shall have received a letter agreement in form and substance satisfactory to the Administrative Agent providing for the indemnification by the Borrower of the Lenders for any breakage costs incurred relating to the Term Loan to be made on the Amendment No. 4
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Funding Indemnity Letter. ANNEX 1 GUARANTORS Guarantor Jurisdiction of Organization Actuant International Holdings, Inc. Delaware Engineered Solutions L.P. Indiana Key Components, Inc. New York Acme Electric Corporation New York Applied Power Investments II, Inc. Nevada Atlantic Guest, Inc. Delaware
Funding Indemnity Letter. If applicable and requested by the Lender, the Lender shall have received a funding indemnity letter, in form and substance satisfactory to the Lender, with respect to the SOFR Loans to be made on the Closing Date.
Funding Indemnity Letter. In the event the Borrower has requested LIBOR Loans for the initial Borrowing on the Closing Date, the Administrative Agent shall have received an executed letter agreement from the Borrower and the Guarantor, in form and substance reasonably satisfactory to the Administrative Agent, agreeing to compensate the Lenders in accordance with Section 2.14 in the event the Borrower fails to borrow such LIBOR Loans on the Closing Date. The Administrative Agent shall notify the Borrower and the Lenders of the Closing Date, and such notice shall be conclusive and binding.
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