Availment. On the day of Closing (as hereinafter defined) the Purchaser shall advance the sum of Seven Hundred and Fifty Thousand Dollars ($750,000) to the Company ("Tranche 1") less all expenses properly deductible pursuant to the terms hereof. Provided that the Company is in full compliance with the Transaction Documents at the time, additional draws may be made by the Company in the amounts and within the time periods set out below:
Availment. 4.1 The debtor may request payment of the loan within the payment period, earliest 5 bank working days after fulfilment of all conditions under item 5. Fulfilment of the payment conditions has to be confirmed by the bank in written form to the debtor.
Availment. 2.2.1 The Facility will be available to the Borrower in multiple Advances, consisting of the First Advance and the Subsequent Advances, following the satisfaction of the respective conditions precedent to the First Advance and the Subsequent Advances, as applicable and as set forth herein, and provided that Subsequent Advances will be available starting 6 months following the Closing Date and ending 18 months following the Closing Date.
Availment. The Loan will be available to the Borrower in a single draw of US$50,000,000 on the Closing Date, upon satisfaction of the conditions set out in Section 7.1 and receipt by the Lender of a Borrowing Notice at least five Business Days prior to the proposed advance (or such later date as may be agreed to in writing by the Lender).
Availment. 2.1. Upon approval of the Application, the Client may use the Facility by: (a) scanning the QR code of partner- merchants, or inputting the necessary details to transfer applicable amounts to partner-merchants, through the Salmon App to pay for goods or services; or (b) paying authorized online merchants for purchases of goods and services. The Client will receive a notification via the Salmon app or via SMS for every successful transaction.
Availment. The loan must be drawn at its full amount by 5/26/2015 through one or more transactions. The Borrower will notify the Bank of the availment of the loan by way of a written disbursement request two bank working days in advance. The disbursement claim shall expire if the loan has not been claimed in whole or in part by the final date agreed by contract; the loan amount shall be reduced accordingly.
Availment. The Initial Loan will be made available to the Borrower in a single draw on the Closing Date, upon satisfaction of the conditions set out in Section 5.1, to be used solely in accordance with Section 2.4. Each Additional Advance permitted under this Agreement shall be made pursuant to an amendment hereto on the terms and conditions set out therein as agreed between the Borrower, the Agent and the Lenders making such Additional Advances. The Loan will be made in U.S. Dollars. Amounts repaid under the Loan may not be reborrowed.
Availment. 2.2.1 The Loan will be available to the Borrower in a single advance on any Business Day during the Commitment Period, upon satisfaction of the conditions set out in Section 7.1 and receipt by the Lender of a Borrowing Notice at least two (2) Business Days prior to the proposed advance (or such later date as may be agreed to in writing by the Lender).
Availment. Subject to satisfaction of all Terms and Conditions, the Borrower may avail the credit by way of a direct advance evidenced by a Demand Promissory Note.
Availment. 2.2.1 $130,000,000 of the Loan was available to the Borrower in one advance during the Commitment Period and was fully advanced on the Closing Date upon satisfaction of the conditions set out in Section 7.1 and receipt by the Lender of a Borrowing Notice at least two (2) Business Days prior to the proposed advance (or such later date as was agreed to in writing by the Lender).
