Common use of Notice to Banks; Funding of Loans Clause in Contracts

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Agent shall promptly notify each Bank of the contents thereof and of such Bank's share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.

Appears in 77 contracts

Samples: Credit Agreement, Assignment and Assumption Agreement (Target Corp), Credit Agreement (Cabot Corp)

AutoNDA by SimpleDocs

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's share Commitment Percentage (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.

Appears in 2 contracts

Samples: Day Revolving Credit Agreement (Tyco International LTD /Ber/), Credit Agreement (Tyco International LTD /Ber/)

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's ratable share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Blyth Inc), Credit Agreement (Blyth Industries Inc)

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing, the Agent shall promptly notify each Bank of the contents thereof and of such Bank's share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the BorrowerBorrowing.

Appears in 1 contract

Samples: Loan Agreement (Cabot Corp)

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Borrowing (other than Swing Borrowing), the Administrative Agent shall promptly notify each Bank with a Commitment under the respective Tranche of the contents thereof and of such Bank's share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the respective Borrower.

Appears in 1 contract

Samples: Credit Agreement (Alliance Data Systems Corp)

AutoNDA by SimpleDocs

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of BorrowingBorrowing or a Notice of Conversion/Continuation, the Administrative Agent shall promptly notify each Bank of the contents thereof and of such Bank's share (if any) of such Borrowing and such Notice of Borrowing or Notice of Conversion/Continuation shall not thereafter be revocable by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Hilton Hotels Corp)

Notice to Banks; Funding of Loans. (a) Upon receipt of a Notice of Committed Borrowing, the Agent shall promptly notify each Bank of the contents thereof and of such Bank's share (if any) of such Committed Borrowing and such Notice of Committed Borrowing shall not thereafter be revocable by the any Borrower.

Appears in 1 contract

Samples: Credit Agreement (Lincoln Electric Co)

Notice to Banks; Funding of Loans. (a) Upon receipt of a Promptly after receiving a Notice of Borrowing, the Agent shall promptly notify each Bank of the contents thereof and of such Bank's share (if any) of such Borrowing and such Notice of Borrowing shall not thereafter be revocable by the Borrower.

Appears in 1 contract

Samples: Credit Agreement (Thomas & Betts Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.