Conditions to drawdown. Neither Borrower may request a drawdown until the Bank has received every item listed in Schedule 1 (“Conditions precedent”) in form and substance satisfactory to the Bank. Any item required to be certified must be certified by authorized officers of the applicable Borrower as being true and complete as at a date no earlier than the date of this agreement. The Bank agrees to notify the applicable Borrower as soon as practicable after the Bank receives the final item.
Conditions to drawdown. The Lenders are only obliged to pay out any amount under or in connection with this Agreement if the following conditions precedent are fulfilled to the satisfaction of the Lenders.
Conditions to drawdown. Notwithstanding anything to the contrary expressed or implied in this Agreement, the Lender’s obligation to make the Shareholder Loan available to the Borrower is subject to the satisfaction of each of the following conditions:
Conditions to drawdown. (a) The Lender will only be obliged to make the Loan available to the Borrower if on the proposed Utilisation Date:
Conditions to drawdown. The obligation of the Lender to make the Loan hereunder is subject to the fulfillment by the Borrower of the following conditions precedent no later than the Drawdown Date:
Conditions to drawdown. The agreement of each Lender to make its Loan on the Drawdown Date in accordance with Section 2.2 is subject to the conditions precedent set forth in Section 4.1 having been satisfied or waived on the Closing Date and the satisfaction (or waiver by the Lenders) of the following conditions precedent prior to or concurrently with the making of such Loan on the Drawdown Date (it being acknowledged and agreed that a portion of the proceeds of the Term Loan shall be applied to the prepayment of the existing debt of Pagbilao and Sual in accordance with the Payoff Documents):
Conditions to drawdown. The obligation of the Lenders to make an Additional Loan hereunder available to any Borrower under this Supplement shall be expressly subject to the following conditions precedent (except that condition (b)(xiii) of this Article III shall be a condition subsequent):
Conditions to drawdown. The obligation of UBS to fund a Drawdown by the Issuer on any Drawdown Date is subject to the satisfaction of the following conditions:
Conditions to drawdown. Save as otherwise provided in this Agreement, an Advance will be made by the Lenders to the Borrower if:
Conditions to drawdown. Party A has completed the agreed milestone pursuant to the schedule.
