Examples of Participation Funding Notice in a sentence

Agent shall promptly notify the Canadian Agent and each Non- Canadian Lender of its receipt of a Canadian Participation Funding Notice.
For greater certainty, each Participating Lender will be required to make funds available to the Administrative Agent for each Loan, BA Borrowing or L/C Obligation made or incurred after the receipt of a Participation Funding Notice until such time as the Administrative Agent notifies the Participating Lenders that the Fronting Bank will resume making funds available to the Borrower in respect of the Pro Rata Share of each Participating Lender.
Notwithstanding any term to the contrary in this Agreement, each Lender, to the extent it is a Participating Lender, will not be required to make funds available to the Borrower or the Administrative Agent or any other Lender in respect of Loans, BA Borrowings or L/C Obligations unless and until the Participating Lenders have received notice that the Administrative Agent has received a Participation Funding Notice.
After a Participation Funding Notice, and until the Fronting Bank has provided notice that it will resume making funds available in respect of the Pro Rata Share of each Participating Lender, each Participating Lender shall be entitled to be paid such portion of the non-use fee attributable to the unused Commitment of such Participating Lender.
The Fronting Bank shall be entitled to retain for its own account such portion of the non-use fee attributable to the unused Commitment of each Participating Lender until such Participating Lender has made funds available to the Administrative Agent in accordance with a Participation Funding Notice has been delivered.
Agent shall promptly notify the Canadian Agent and each Non-Canadian Bank of its receipt of a Canadian Participation Funding Notice.

Related to Participation Funding Notice

Funding Notice means a notice substantially in the form of Exhibit A-1.
Lender Participation Notice has the meaning specified in Section 2.05(d)(iii).
Participation Notice has the meaning set forth in Section 4.2;
Participation Advance shall have the meaning set forth in Section 2.12(d).
L/C Participation shall have the meaning provided in Section 3.3(a).
Participation Period means a period during which contributions may be made toward the purchase of Stock under the Plan, as determined pursuant to Section 6.
L/C Participation Fee shall have the meaning assigned to such term in Section 2.05(c).
Participation Date means the date the individual becomes a qualified participant in Tier 2 as determined under section 701a(1)(b).
Funding Request shall have the meaning set forth in Section 5.3(a).
Participation Fee means the amount payable by the Participant to the Council for the right to participate in the Hong Kong Pavilion at the Exhibition, as specified in Section I of the Application Form.
Swingline Participation Amount as defined in Section 2.7(c).
Participation Interest means the Extension of Credit by a Lender by way of a purchase of a participation in Letters of Credit or LOC Obligations as provided in Section 2.2 or in any Loans as provided in Section 3.8.
Participation Commitment means each Lender’s obligation to buy a participation of the Letters of Credit issued hereunder.
Swing Line Participation Amount as defined in Section 2.7(c).
Participation Amount as defined in Section 3.4(b).
Borrowing Notice is defined in Section 2.8.
Loan Request means a letter in substantially the form of Exhibit A hereto executed and delivered by the Borrower to the Administrative Agent and the Group Agents pursuant to Section 2.02(a).
Incremental Loan Request has the meaning set forth in Section 2.14(a).
Repayment Notice Each notice required to be delivered by the Borrower pursuant to Section 2.3 in respect of any reduction in the Facility Amount or repayment of Advances Outstanding, in the form of Exhibit A-2.
Committed Loan Notice means a notice of (a) a Committed Borrowing, (b) a conversion of Committed Loans from one Type to the other, or (c) a continuation of Eurodollar Rate Loans, pursuant to Section 2.02(a), which, if in writing, shall be substantially in the form of Exhibit A.
Optional Purchase Percentage means 5%.
Swing Line Borrowing Notice is defined in Section 2.4.2.
Swing Line Loan Participation Certificate a certificate substantially in the form of Exhibit H.
Swing Loan Request means a request for Swing Loans made in accordance with Section 2.5.2 [Swing Loan Requests] hereof.
Notice of Borrowing has the meaning specified in Section 2.02(a).
Discount Prepayment Accepting Lender has the meaning set forth in Section 2.05(a)(v)(B)(2).

Participation Funding Notice definition

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